Monday, September 29, 2008

700 Billion Dollars

Are you out of your mind? I love America but this is what I can't stand about this "politically correct" country. We are so concerned with helping those that are selfish, careless or lazy that we continually take advantage of & neglect those that work hard & do their best to stay out of debt while living a very basic life, with none of the frills afforded these selfish CEOs of major companies.
The government is going to bail out companies that give 60 million dollar retirement packages to their CEOs & then rip off the consumers. So the government plan is to keep the same CEOs & officials in power while giving them more tax dollars to waste. Are you nuts? The other disturbing thing about this plan is that the people writing the plan are the same one's who knew this was happening but never did anything about it or told anybody.
Let the chips ride, you can't manage your business, you don't deserve another chance unless it is with your own money. I would rather see the government take that 700 billion dollars & give every person that got hosed by these corrupt agencies, an equal share of the money because it wasn't their fault. I know you can say that many people took chances with debt & brought this on them self but it was the lending agencies that kept putting these adds out to entice people into debt, while promising things they couldn't deliver.
Let me explain how much money 700,000,000,000 (seven hundred billion dollars) is. It would take you over 22 thousand years to count to this number so it is impossible to count this high in a life time. This is insane & I am completely opposed to this stupid idea which ultimately has become a bail out to protect the guilty & politically motivated, while passing the burden on to the tax payers that keep doing what they are asked to do because they don't have much choice. You see, we won't get a bail out if we mis manage our money, we will get fined more money, have our property & business taken away & then be put in prison. Doesn't seem fair does it?

2 comments:

Desi McKinnon said...

I agree, Ralph. Let them twist.

Elise Maygren said...

I also agree, they should have put a stop to this in 2004 when they knew there was a problem. Yes, it will be tough for everyone for about one year but the market will bounce back. It always does and it always bounces back faster on its own rather than when government tries to nudge it along. Elise