Bailout Pickpocket Cartoon

Just a few weeks ago Congress passed a bailout. The bailout was to buy "toxic" assets held by banks so they could begin to make loans again. Using the government's twisted logic, we needed to bailout the banks so they would loan us back our own money at interest. Sounded like a great deal, huh [sarcasm]?

Just to scare the public a little more we were told that if Congress didn't approve the bailout, the stock market would crash. Congress approved the bailout. The stock market crashed anyway. Now comes word that the original bailout is dead. Yes, the Treasury Department bamboozled the Congress into forking over 750 billion of the taxpayers' dollars only to change their plan. Instead of buying "toxic" assets of banks they decided to just buy up the banks and take a stake in them. What's that smell? Ah, yes, Socialism.

I thought the following cartoon summed up what happened to the taxpayer quite nicely. Be sure to thank your Senators and Representatives who voted for the bailout by returning them to the unemployment line this November.