Tea Party? Time to complain about bailouts.

Just watching Fox news (stupid hotel rooms with nothing but Fox) and found out next Wednesday there are going to be Tea Parties all over the US to complain about massive government spending.

So that would be fun.  Always did want to dump tea off a ship.  Might not be a totally relevant analogy, but it’s the thought that counts.

Okay… so here is what I get so far.

I dig equality.  I dig even playing fields.  But I also get that socialism is impractical because it unfairly punishes the individuals that make the country so great… and that countries like Sweden have a lack of motivation to take risks (the economist “rich” article was awesome) coupled with massive bureaucracy.

But even Bush was saying “too big to fail” and started the initial bailouts after spending more than any prez *ever* (I think… but don’t have a link right now so you can attack me on that, sure).  He *is* the one that ok’d the 700 billion.  That’s socialism… and now Obama picked up his reigns and is “fixing” the economy?  It might get better in a couple years but what of the long term effects?  This country’s economic landscape is altered forever.  http://www.cnn.com/2008/POLITICS/09/24/bush.bailout/index.html 

Now Obama has added another 1.3 trillion to the Bush # and totals a little over $2Trillion.  Some people have a total of everything at $5 trillion, even up to $10Trillion. I am not blaming him.  I think it is myopic to be angry at a guy who was passed this stuff.  But it depends how he advances… and I am sure he won’t create some massive huge government more than a conservative would have.  I will be proven right or wrong in time.

But as for our country and economy —–    TTHIS IS INSANE!  What’s going on?  Why won’t they just let everything run it’s course, and let everything fail?  Why is the government giving money to companies that will fail in a couple months?  I am lost. “Too big to fail”?  What is the logic in that? 

So I know it’s all complex, but do you guys have any ideas about where this is all going…. And what is the end result?

Down the line… what happens?  Is this bigger government, higher inflation, less innovation and entrepreneurial nature of our capitalism?

I am totally venting, but I just don’t understand this stuff.  Where do you get your best news and info?  I need smart people to help me now, please.