Now mass transit is asking for bailout money. This one's the worst, because mass transit's financial mess comes from their trying to cheat the government out of tax money. Yeah, these crooks sold their railroad cars to banks and then leased them. This let them avoid taxes and they and the banks split whatever was saved by this gambit. The Internal Revenue caught the irregularity and started questioning their little juggling act. Caught cheating, they became liable for a lot of money.
So these kings of chutzpah, after trying to cheat the government, are now asking the government to bail them out! What are they thinking? "Hey, if you hadn't caught us trying to cheat we wouldn't be stuck with this huge debt. You owe us!" So we're in the process of making a gift of the money these transit pickpockets were out to steal. I think this is as crazy as it gets. But we'll see, I thought the same thing when Bush was elected for a second time.
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