I read a recent article regarding the TARP of Troubled Asset Relief Program posted recently in the LA Times. I can’t help but watch with fear and amazement as government leaders look for additional ways to spend money without real responsibility. The remaining 350 billion dollars seems to be only a prelude to more rash spending and more expensive band-aids in the future.
Although I don’t agree with O’Reily’s tactics, it seems his conversation with Frank Barney is a perfect demonstration of what we’re up against in government spending. Check out this video clip to see what I’m talking about.
I’m concerned that what we’re facing is a TRAP, that is a Troubled Relief Asset Program.
I’m frankly quite tired of seeing people point fingers and try to fix the problem with huge, expensive packages. If I screwed up in one of my businesses, I pretty much need to fess up and face the reality of my decisions. I may request mercy wherever available, but at the end of the day, I have to balance my budget or I must close my doors and let someone else try to service the market. I missing something in terms of Government Governance?