How wrong is this?

Rich people make risky investments.  If they're lucky, they make an enormous profit.  If they fail, they're broke and out on the street.

No, wait!  They're not!  The government steps in and bails them out — using our tax dollars!

They say, think of the "ripple effect" on the economy if these large firms go under.  I say, think of the effect on the taxpayer of a $700 billion bailout package.  That's $2,300 for each and every man, woman, and child in the United States.  A family of four will pay almost $10,000.

Of course, the government is sneaky about it.  Instead of actually increasing taxes, they expand the money supply, causing prices to rise.  You won't pay for this bailout at tax time.  You'll pay every time you buy gas, groceries, and everything else.

This bailout program is nothing more than reverse Robin Hood — stealing from the poor to give to the rich.

Oh, and by the way, the government suggests this crisis was a failure of free-market capitalism, but that is simply not true.  Federal Reserve's "easy money" caused the housing bubble, and bubbles inevitably burst. If we are to avoid these catastrophes in the future, we need to eliminate the Federal Reserve and return to sound money.

Send me to Washington, and I'll straighten out this mess!