Wednesday, July 22, 2009

when do i get a bail out?

Here is the latest of government bail out for the auto industry. Car Allowance Rebate System, where people can get trade-in value of $3500 or $4500 for a new car (leased or purchase) when they junk a old fuel inefficient car.

My Honda Accord is now 15yrs old. I figure is finally my chance to get some government bailout money. Turns out, my car is too efficient, I don't qualify. Yet Again.

I should be happy. I have a job, good mortgage, made conservative investment choices, bought a fuel efficient car. However, every time there is a bailout and i don't qualify because I haven't demonstrate sufficient need, it just makes me mad. Oh well... this is why we have a "progressive democracy". We take money from people who have it now and people who will have it in the future to help people who need it now.

This makes me think.. how am I going to treat my children financially?
Am I going to be fair and treat them the same way? Or am I going to be equitable and treat them different depending on the level of need?

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