AIG – Bah Humbug!
GM – Ford & Chrysler – Bah Humbug!
Banks – Bah Humbug!
It seems everyone today is in search of a bailout. Everyone is asking, but the people who really need it -people – everyday, hardworking people like you and me are not! Yes, there is something wrong with this picture.
Yes, I agree there are many industries that are hurting, but the bailout money cannot go very far if everyone keeps putting their hands in the cookie jar. Especially when everyone wants to get their piece of the cookie and then not have any regulation or oversight as to what happens with the money once they have it, like AIG. A company that has hidden where the money is really being spent on lavish outings and retreats, all at the taxpayers expense. How far are they willing to go in paying out bonuses this year for high level executives? I sincerely do not believe they are going to come clean and be open about where the money is really going.
It is a shame…..I mean it, a real shame that it has come to this. But, here we are and what we need to do is decide what we are going to do next about the situation. What’s next? Who is next?
The “Big Three” automobile manuafacturers have all been in Washington with their hands out begging for a bailout, but not one of the companies have a plan to make any changes with their companies to get back on the right track or to get financially stable. It is not that anyone wants the automobile industry to crumble in America, nor do we want to have any ancillary businesses and suppliers to go bankrupt, but at some point, until the automobile industry get’s it, there will be a continual spiral downward. But, if a bailout of any kind is to be given there must be changes. Big changes with oversight on every dollar spent so that the taxpayers do not take another bath without any benefit like we have been doing.
Spend some time contacting your elected official to add some voice to this situation. Yes, many companies are in trouble, but if you want a handout there has to be some oversight and not just a free ride for failing miserably in their responsibility of fiscal financial obligations.
Speak out! Please!