Start Bailing America Because Big Companies In Hot Water Are Squealing For Help
http://www.corporatezone.net/articles/14958/1/Start-Bailing-America-Because-Big-Companies-In-Hot-Water-Are-Squealing-For-Help/Page1.html
Aydan Corkern
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Miami Water Damage Restoration and Chicago Water Damage Restoration. By Aydan Corkern
Published on 10/7/2008
Why should we the people pay a 35 k tab for corperate gain?
How in the world did this horrific economic crisis happen so fast? Suddenly we are hearing that the economy is on the verge of collapse and it only seems like a few months ago that we were pulling teeth just to get some economists and politicians to even admit there was a slight recession going on. It just goes to show that you can not put much stock in what some people say. Of course, homeowners, business owners, working folks, and even retired folks have seen this coming for a while now whether the bigwigs, so to speak, wanted to admit it or not.
When you go to the gas station to fill up your car and fuel costs a dollar or more a gallon than it did last year, there is a problem. When you go to the grocery store and almost everything you put in your cart seems to have gone up ten percent or more, there is a problem. When neighbors all around you are losing their homes to foreclosure and you are in serious jeopardy of being next in line, there is definitely a problem.
What average Americans now wants to understand is why there are so many of these big company executives making millions of dollars every year when the companies they are in charge of running are going broke? Even if some of chief executives have been let go or downright fired, they are taking severance pay of more millions with them. What is up with that? The last time average Americans checked, we did not get bonuses for screwing up our job when it had an adverse affect on the company we work for. For average people there certainly are no rewards involved.
What we want to know now is why we must allow our tax dollars to rescue all of these companies? We have been told that it will not help us directly to catch up our delinquent home mortgage payments and we probably will not be getting fuel for our cars any cheaper, it will not even make the cost of milk, eggs, and bread go down at the grocery store.
Maybe it might be true that in order to prevent a domino effect for every area of our economy, that the government must do something to clean up the big mess that has been allowed to take place, but there must be some measures put in place to make sure that big companies do not run themselves in the ground with risky loans and over paid executives and then expect the government to bail them out. Hey, the restaurant down the street does not get bailed out or the local grocery store that is an old family owned business. These kinds of small business hate to have to shut down too, but the government does come in and rescue these folks now does it?
When you go to the gas station to fill up your car and fuel costs a dollar or more a gallon than it did last year, there is a problem. When you go to the grocery store and almost everything you put in your cart seems to have gone up ten percent or more, there is a problem. When neighbors all around you are losing their homes to foreclosure and you are in serious jeopardy of being next in line, there is definitely a problem.
What average Americans now wants to understand is why there are so many of these big company executives making millions of dollars every year when the companies they are in charge of running are going broke? Even if some of chief executives have been let go or downright fired, they are taking severance pay of more millions with them. What is up with that? The last time average Americans checked, we did not get bonuses for screwing up our job when it had an adverse affect on the company we work for. For average people there certainly are no rewards involved.
What we want to know now is why we must allow our tax dollars to rescue all of these companies? We have been told that it will not help us directly to catch up our delinquent home mortgage payments and we probably will not be getting fuel for our cars any cheaper, it will not even make the cost of milk, eggs, and bread go down at the grocery store.
Maybe it might be true that in order to prevent a domino effect for every area of our economy, that the government must do something to clean up the big mess that has been allowed to take place, but there must be some measures put in place to make sure that big companies do not run themselves in the ground with risky loans and over paid executives and then expect the government to bail them out. Hey, the restaurant down the street does not get bailed out or the local grocery store that is an old family owned business. These kinds of small business hate to have to shut down too, but the government does come in and rescue these folks now does it?