Tuesday, March 03, 2009

Just ask dad

In this economy companies are throwing their arms up in the air and waving the white flag. Some start panicking, others start deliberating what to do until the whole thing blows over. A few companies are legitimately in trouble and have to take drastic measures, such as closing shop or firing half the workforce. Others are busy pushing their failed leadership out the door with hefty sums of money.

All companies are looking for someone to bail them out. The government seems to have to step in, as a father figure who helps out a child. It assumes the father has money to give in the first place, and luckily our government is able to do that.

At first you are just happy you've been helped out of hot water, but at some point in the future - again, when the whole thing has blown over - you have to wonder where the money came from. Or worse still, what the fine print was.

I'm still expecting that my taxes are going to double sometime next year. If not next year, then at least by 2012 we're going to have hyperinflation or something similar. By then all your savings just becomes imaginary.

Hopefully dad will still be around to lend a hand.

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