Wednesday, March 18, 2009

Government Bailouts - Welfare on a Grand Scale

Government bailouts are all over the news these days, so it's no wonder I've been contemplating them in my spare brain time.

I was just thinking today that a government bailout is nothing more than welfare on a grand, corporate scale. A one-time corporate bailout, such as for AIG, is only about twice as much as what all levels of government spend every year on family welfare programs.[1] The difference, however, is in the accountability. The same lawmakers who allowed AIG to keep their pre-arranged bonuses is outraged by them giving the bonuses . . .um, as pre-arranged. Yet, how many families on welfare will take their payments from the same government and spend it on extravagant and unnecessary things and it's no big deal? In fact, most would say, it's nobody's business what I do with the money I get from the government.

Don't get me wrong; I'm sure there are families who are very careful with the money and benefits they receive from tax payers, but I have known many of them personally who lived far better than our family did with my husband working full-time and over time just to make ends meet. Where is the accountability?

This is the reason why charity should be handled on the local level by churches and private organizations led by men who can weed out the loafers, the users, and the abusers. The reason AIG can't get away with anything is because there is someone watching over them. This just isn't the case with family welfare programs. No one is watching. There are just too many people participating in the programs for the government to truly keep an eye on things.

So, the question is, if we are going to hold a corporation accountable for what they do with taxpayer money, are we now going to hold welfare recipients accountable also? Don't hold your breath.

[1] How Much Does the Nation Spend on Welfare? - Public Aid, State Expenditures For Social Welfare, Private Welfare Expenditures, Welfare-reform Legislation