It must be comforting to know you can start a business and build it too a level where the government will not allow you to fail. We need a new monopoly game to reflect this new capitalistic (or is it something else?) concept.

How big is too big to fail? There is some confusion there it seems. GM can’t be allowed to fail – $91 billion in assets but WorldCom (remember them?) had $104 billion in assets. We waved goodbye to Washington Mutual with it’s $328 billion in assets and don’t forget the number one place holder, Lehman Brothers and their $691 billion dollar bankruptcy.

If you don’t think the bail-out program in it’s entirety is political, you better think about it a little longer.

And for our entrepreneur’s out there. Don’t forget the ones who sold to the companies who went or or are in bankruptcy. The press and the government don’t even mention the thousands losing money and possible their businesses as a result of these bankruptcies. I hope you know it works that way . . . the debts of these companies, monies owed to other companies and individuals are forgiven which means if they owe you money you get nothing, nada, zilch, zero.

I am a bit encouraged as of late. The G20 came out fairly well. We are paying much more attention to war in Afghanistan. In my part of California housing sales are up and the weather is great. I don’t believe North Korea is aiming their rocket at me and if I had somewhere to fly, I could do it cheaply.

Still I don’t want to get carried away. Unemployment will undoubtedly rise and despite the stock market’s recent positivity if I had money I wouldn’t put it in stock. The bail-out and the budget promises problems that will last too long.

Maybe I feel better because baseball season is upon us. We’ll be at the A’s home opener next Friday – yahoooo! Baseball time!

Taxpayers will no longer be asked to rescue 20th century companies from their own ineptness, greed, lack of imagination, disbelieve that Americans won’t buy American cars, greed, and the UAW.

Taxpayers will no longer be asked to bail-out suppliers of the auto industry who but their business based on 1 customer. A real big no-no in business 101.

Taxpayes will no longer be asked to bail out workers who could not see the future or refused to believe that jobs would last forever. Who would think their job would last when your company looses $30,000,000,000,000 in one year.

And just a bit off the subject . . . why would you pay the departing boss $28 million dollars for loosing $80 billion dollars?

And the beat goes on, the beat goes on.