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I could not believe this when I read it in the paper the other day. :shocker!:

First Wall Street. Then assorted lending institutions. Then the big three auto makers. And now some state governments are asking the federal government for bailout money.

Of all the nonsensical bailouts (and all of them are nonsensical), the idea that the federal government should give money to state governments that are running a deficit is so nonsensical that it makes me want to scream.

Where do states think the federal governments get money, from some magic money-making machine? :wtf::wtf::wtf: The federal government has no money to give out. It is ten f*cking trillion dollars in debt. So to give money to state governments, it will have to use . . .

tax money collected from citizens of the states whose governments are in debt.

So why the F don't the f*cking state governments just tax their citizens directly, instead of running the tax money through the federal government? Or why don't they trim expenses?

Oh, right, states don't want to burden their own citizens with taxes. They want "free" money from the feds. I guess that means that the seven states that are not running a deficit (North and South Dakota, Nebraska, and I forget the rest) will have to send extra tax revenues to the federal government to redistribute it to the 43 states that are running a deficit.

When will people stop asking for f*cking free money?!?!?! :wtf:


(Deleted comment)
Nov. 20th, 2008 05:47 am (UTC)
It does more than just that. By taxing residents of the states, the government is able to then ransom back the money it stole from the state in return for the state passing legislation the federal government couldn't directly force the states to pass because of the 10th Amendment.