Financial Bailout. . .or Responsibility

I find it ironic that my wife and I faithfully made our mortgage payments on the several homes we owned over the years and was able to pay cash for our latest home because we saved and gained equity, and now our tax money is used by our government to bailout persons who made bad judgments to buy homes above their means and their ability to make the mortgage payments.

We have a few equity investments in the stock market.  In recent months the values have gone south.  Some by as much as half of their original value.  We simply made some bad judgments.  So, shouldn't the government now come to our aid and bail us out?

We hardly think so.  We are of the mind set that everyone should be fully responsible for their actions and live with the consequences, good or bad.

During the height of the Great Depression of the 1930's my dad had a fairly good job, a wife and five kids, and a fairly nice house with a mortgage.  Due to government implementation of Roosevelt's National Recovery Act (NRA) in the name of fairness his salary was cut almost half making it impossible to care for the family and make the mortgage payments.  My parents bit the bullet and down scaled our quality of life to the bare essentials, and I do mean bare.  Two years later the NRA was declared unconstitutional by the Supreme Court, but the damage had already been done to my folks and many like them.  That's our government at work.

This is what we get when government meddles in private affairs.  It is no different today.  The liberal nanny state in its attempt to help some hurts others.  Where is the fairness?  The only fairness is for each individual to accept full responsibility for their actions, and for government to stay out of it.  Don't hold your breath.