Here we go again and again. The CitGroup bailout is all but approved and another irresponsible private company is getting relief form the government. So the question I have is when does this stop. The big three automakers are going to get some type of bailout, and now the Citigroup bailout.

Citigroup is in this mess for making risky loans and securities backed by commercial and residential mortgages. I had a mortgage foreclosed on last Tuesday, Florida Bank Foreclosures happen everyday and people need foreclosure help , where were you then Uncle Sam?  It is a very simple principle, you cannot continue to borrow money after borrowing money, at some point someone needs to be paid. Unless of course you a big business. Consumers must face the consequences of unpaid bills, bi business just ask for a handout. What is wrong with this picture?

The fix for this thing has to be to let it break and not prop it up with Citgroup bailout or a big three bailout. Otherwise big companies just keep doing what they have always done.