Stimulating Stupidity with Socialist Style "Solutions"

It would be funny if it weren't so scary. The government handing out big stimulus checks to states and corporations who are habitually overspending and being inefficient. The government putting a moratorium on foreclosures. The government maintaining the asinine steep regulation for mark to market accounting which requires financial institutions to assign a "fair value" to assets that can be below the actual cash flow they bring.

So what exactly are we supporting and stimulating? Over spending. Propping up companies that should likely go through an extreme overhaul or fail. Artificially supporting individuals who were not good home loan candidates in the first place. Encouraging the very behavior that got us in trouble to begin with.

And why are we doing it? To avoid the unavoidable. Unfortunately, the tough part and the beauty of a free market (although it's getting less so) is that it works its kinks out. Sometimes there is a painful period afterwards. Often ugly things happen. But more often than not, a stronger reality ensues.

This type of "stimulation" is basically giving a drink to a drunk. Or handing another credit card to someone in Shop-aholics Anonymous.

I'm not exactly sure when it became okay to give everyone a participation medal. And make sure nothing uncomfortable or bad ever happened. But this mentality is digging our debt hole deeper and deeper and deeper.