How many of you have ever had knowledge of an emergency situation where someone is bleeding profusely? Emergency training teaches to apply pressure; or, to use a tourniquiet to temporarily stop the blood loss. It is no different with our financial crisis; yet, apparently in a move that goes against common sense…we are bleeding green…sending more and more money to problematic areas that are already bleeding out.
What we need is a check and balance here…someone to triage…find out who we can afford to let go on to their great reward. We can’t save everyone here financially speaking. So, if we are going to attempt to try to turn the tide with this financial mess…we need to find the most effective way to pump money back into the economy in a way that is going to repair the situation. Not prolong the agony. Those companies that would abuse the help provided them should be held accountable. The governmental leaders who are in charge should be held accountable if they fail to serve honorably; by not keeping track of the ebb and flow of the bailout plan. It should be considered a crime to fail at accounting for each and every dime of the bailout money that does not produce a positive outcome on the economy. It would challenge those who benefit from the rescue plan to strictly monitor the use of such money entrusted to them!
Americans are angry about this whole situation. They are struggling and there is no safety net waiting for them when they fail financially…so, their expectations of our leaders who are guiding the ship in regards to the bailout, are high. Those expectations are not currently being met…and Americans have had their fill of leaders and organizations who abuse their power and influence over our society. The impact of such irresponsible behavior is what has brought us to this place and time in history; it is unacceptable.
Allegedly, reports have surfaced, twice now, on AIG as having pricey get-to-gethers since they have come knocking on the government’s door begging for bailouts to keep them from filing for a $150 billion dollar bankruptcy. This is seen by many as an excessive fly- in- your- face disregard for the sacrifices that tax payers are taking on, by dolling out the $40 billion dollars that the treasury has set aside to help put AIG back in black.
What is madness is that this kind of behavior seems to go without consequences except to the country as a whole. We are drowning in poor choices, in excesses that failing business expect others to dig them out of. If a small business owner took on that kind of attitude…there would be nothing but financial ruin in their future…not a reward of an all expense paid trip to a spa on the taxpayers!
The average American is drowning as well. There are no individual life rings being tossed to the middle class taxpayer. We are being hit from all sides by the economy, taxation, educational funding, rising cost of living bills, home heating costs, gasoline, medical costs; and still, more and more people are loosing their jobs or their investments. Home foreclosure is at an all time high.
How in the world are taxpayers going to pay more to bailout anyone when they are barely keeping afloat themselves with the drain on their incomes? If people don’t have jobs, they can’t pay taxes. Common sense dictates that we examine closely where all of this bailout money is coming from; and, limit those who are benefitting from the rescue money. If some business or organization is not being fiscally responsible they should not then be given a blank check to continue the party.
This is not a free for all…We need someone in a position to regulate the flow of green; apply some pressure. We are living in an unprecedented time of national debt…it just makes sense to be watching our bottom line. There is nothing wrong with taking a little time to evaluate the situation and make an informed decision about the best way to tackle this mess. Remember Russia and the collapse of their union? Are we looking to make history as the next nation to collapse from the inside out?
Write where you are 