Wednesday, November 12, 2008

The Big Bail Out

Heyz everyone, welcome to my lil blog. Hope everyone is doing good today. I've been sitting here on Poverty Hill watching the news. Lord have Mercy, how did this country get into the mess that its in. I've come to the conclusion that the political structure in America has lost it all together. All these big companies that are being bailed out by tax payer money. I don't remember anyone asking me if I'd like to bail anyone out, especially big corporations. Yep, those big assed companies with CEO's receiving 6 or 7 digit salaries for sitting on their fat asses and letting these companies get into the mess they've gotten themselves into. The first thing they need to do is get rid of them, that would be a great starting point. Now they want to bail out the "Big 3" auto companies, sheesh have you priced a new automobile lately? I can't see any reason they should need to be bailed out, besides the fact that they have overspent with these big salaries and benefits. Seems to me that these companies need to kick their management in the rear end and make them earn their money.
And while I'm harping on this, has anyone called you the taxpayer, and asked what you think about spending billions of dollars in taxpayer money to bail all these companies out. I'm sure they haven't. Do we as taxpayers have any say?.....I can't see that we have any say at all. Did we vote to bail these companies out, I don't remember voting Yes. The fact is that we have no say in the matter at all, in most anything, period. All these smaller companies that are going out of business, are the politicians running head over heals to bail them out?, Nope because they can't afford to give kickbacks and furnish new cars. Don't it make you wonder why they want to bail out these companies. I understand that it could be to help save jobs, but it looks to me like the main problem that has gotten them into this kind of mess is overspending, high salaries and the mismanagement of their money. Maybe these companies don't need that yacht to entertain, those jets to fly all over the world, those fancy meetings and balls they throw, or the expense accounts that are worth more than most people make in ten years. We've already paid for those by buying their cars, so why now do we as taxpayers have to bail them out with more money from the hard working taxpayer. It just doesn't make any sense to me.
I love my country and am proud to be a taxpayer and citizen, but I am saddened to see what our so called leaders have done to it. I feel good about using my taxpayer money to help pay for medical research, education, and things important to the average hard core American. But I do not feel good about using our money to help bail out companies that are overspenders, overpaid, and undermanaged to the point that they have to bailed out by the American taxpayer.

Nuff Said:!!!!!!!!!!!!!!!!!!!!!!!!!!

Anyway I could ramble on about this for dayz so I better shut up now before my blood pressure rises.......laffin. Politics here on Poverty Hill are good, we don't need bailing out but a billion dollars or so would help greatly. I'm sure our government will run on down here with a check in hand to help......haaaaaaaaaaa....righhhhhhhhhhhht. Anyway yall come if ya can the door is always open to my friends.

Hugz N Handshakes


PS: This has been a blog not sponsored by anyone, of how I feel about things going on in our great country. If you agree thats great, if you don't then I feel like our government, who cares.

1 comment:

phtony said...

Hey TW,

As an anti-big establishment kinda guy, I agree whole heartedly with your assessment. What seems to be lost on the media (and government officials evidently) is that the "Big 3" (and every other large for-profit corporation) got large by gouging us in the first place for their products. I've worked for car companies, restaurants, and had to deal with insurance companies on an everyday basis. They all have a common theme: profit. Customer service mission statements are just rhetoric. But I digress, back to the bail-out. It seems ironic to me that our government preaches that the worker is the backbone of our economy, yet the bail-out is destined to help the large corporations. If the worker is the backbone, then bail out the worker. Don't wait for large corporations to trickle down financial relief in the form of lower interest rates and less stringent loan requirements. And another thing, why oh why is the bailout continuing to fund AIG vacation junkets for their executives? Not once, not twice, but three times! Now it appears we are going to bail out the auto industry. I also worked with (not in) this industry on a daily basis for 10 years. They gave the consumer a guilt trip for buying non-American when non-American was the only car you could buy that was decent in price and gas consumption. Now it's "poor poor car industry" and not "poor poor car consumer"; what? (For the record I drive a 2005 GMC Canyon truck). And I haven't even begun to express myself about the Wallstreet issue; I lost $6000 in my 401k last month.

I better stop here because I obviously also feel passionate about the mismanagement by our government. I hope Poverty Hill can weather the financial crisis.

See ya next time,