O.K. This bailout stuff is getting ridiculous.

As if bailing out banks, car companies, the construction industry, and socialist nations isn't enough, now our leaders in Washington D.C., with President Barack Obama leading the way, are bailing out the entire European Union.

The United States is broke.  We are on track to shortly top a 13 trillion dollar accumulated deficit.  According to some, through government book-keeping strategies, this number itself is only a fraction of the true debt.  Remember way back when in 2008, when the left was screaming about President George W. Bush's completely irresponsible $460 billion yearly deficit?  (For the record, many on the right were screaming about it, too, but they didn't have a political ax to grind.)

Well, now that the "wunderkind" of the left, Barack Obama, has been our President for nearly a year and a half, our Federal Government was gone on a wild spending spree, jacking up our annual deficits to nearly three times what George W. Bush left us with..and nary a peep from the left about it.  In fact, in a gross example of denial, the left is willing to justify Obama's fiscal irresponsibility by continuing to blame the entire budget fiasco on George W. Bush.  While George W. Bush was in reality no fiscal conservative at all, compared to President Obama, Bush was a penny-pinching tightwad.

Yup, the same folks who continually portrayed Bush with as a marginally ignorant country bumpkin, deserving of "dunce" status, will turn on a dime and even claim he was such a grand schemer that he practically single-handedly engineered the economic fall of the European Union, when that argument suits their political agenda.

Socialism fails.  That's what it does.  It simply cannot work, ever.  The fall of the Soviet Union, brought about primarily because Ronald Reagan wisely called Moscow's bluff and was able to outspend them on military projects at precisely the time Moscow could least afford it, while simultaneously using political pressure, was a masterstroke in the continued cause of freedom.  One would think the United States would have long ago learned our lesson that socialism, on it's own, cannot stand.  British Prime Minister Margaret Thatcher said it best when she stated:  "The problem with Socialism is that eventually you run out of other people's money."

Socialistic actions of members of the European Union: the entitlements, the make-work projects, the early retirement ages, universal health care, the cradle-to-grave security mandated by government, have broken the financial backs of several EU nations.  They've spent their way into economic oblivion.  The remaining taxpayers in those nations simply cannot sustain the financial security promised by their governments.  Because of this, we see the violence in Greece, who's citizens have rioted at the mere thought of cutbacks in their promised entitlements, and the possibility of increased national sales taxes.  When people are promised the world by their government, they fully expect that government to deliver the world.

So now, in reward for their fiscal malfeasance, you, the taxpayer, is going on the hook for a good portion of nearly a trillion dollars in a massive worldwide bailout to save the socialist nations of Europe.  The Federal Reserve is busy printing more money to send to Europe in order to help them stave off their collapse.  As a nation, we are already well beyond broke. Yet Obama and our wiser-than-thou leaders in DeeCee are fully prepared to send you further into debt.  $42,000 per person...man, woman, and child, apparently isn't enough.

When Obama was elected to office, I stated that perhaps Americans, as a whole, were ready for socialism.  By the time Obama was elected President, it was more than apparent that Obama had a tendency toward socialistic, big-government solutions to nearly every problem facing mankind.  Is that really the change a majority of our citizens voted for?  Do we really believe that big government solutions are the cure for our ills, despite the overwhelming evidence to the contrary?  Just take a look at what's going on in Europe, for a preview of what will happen in the United States if our current spending spree goes unchecked.  The American taxpayer is already teetering on the brink.  Unemployment remains a stubbornly high 10 percent.  Spending continues to out pace revenues by a wide margin.  Our current government is increasing that level of spending at every opportunity.  You, as a citizen, have access to every shred of evidence that socialism cannot work, yet our leaders continue to plunge us headlong toward financial ruin at seemingly every possible opportunity.

Propping up governmental systems that are proven to not work, is folly.  Trying to stabilize Europe's failing economies with your money is irresponsible.  Trying to save a system that has been repeatedly proven to fail is absolutely ridiculous.  A bailout will only prolong the agony.  Europe should be allowed to fail, and should be allowed the ability to learn it's own lesson about what works, and what does not.  From that failure, they can rebuild an economy that is truly self-sustaining, based on allowing their citizens the freedom to succeed, or fail, entirely by their own devices.

How long will you, the citizen, continue to stand for our our government's bailouts of failed economic models.  From banks that make unwise investment decisions, to auto makers which spend more on entitlements than they do on building cars, to nations that give their citizens money regardless of whether those citizens earned it or not, there must come an end to U.S. bailouts.  The U.S. taxpayer should never be held responsible for another's stupidity or laziness, whether it be an individual, an industry, or a nation.