That seems to be the standard operating procedure these days. Call me a bank! Why? Because it’s your ticket to the Tax Payer Gravy Train, baby!

Now the credit card companies are getting in on some free taxpayer money. If we’re lucky, so will the car companies. Heck, all the freepers worried about Obama being a socialist. Instead, their dear GOP is acting like a raving Marxist! Government owned banks. Government owned manufacturers. Government owned credit cards. Got a loan you can’t handle? No problem! We’ll make the badness go away with this magic pixie dust!

And it’s the dear citizen that gets the shaft, as always. Heck, I just got an e-mail from my credit card … I mean, bank card company … saying that “due to tough economic times we are raising all your APRs”. Nice. In perhaps more interesting news, they will no longer offer either balance transfers nor those stupid pre-printed credit checks. Methinks consumer credit is going to be locked down tighter than a drum over the next couple of years. How will we save our economy is people can’t spend beyond their means? LOL.

I am near constantly shocked by how little our Dear Leaders understand human psychology. Here’s a hint to the fed: If people think they can get something for nothing, they’ll beat down your door to get it. You opened Pandora’s Box with the AIG bailout and now you can’t get the Genie Back in the Bottle and you don’t have time to put Humpty Dumpty back together again. Was that a simple enough explanation for you morons?

This is what happens when you reward ineptitude.