Tell me how this ends.
Bankrupt?
In the past four month our government has been handing out hard earned (and yet to be earned) taxpayer dollars like it was candy on Halloween. First AIG got a bailout, only to go on an almost half a million dollar weekend that very next weekend. Then AIG gets yet another bailout from us, and then four of its executives end up in England on a hunting trip. Next the banking industry and Wall Street was asking for a handout they ended up with 300+ billion dollars.
This week though I think we have seen a sever cause of bail out fever. It is like our companies are looking for a free ride on the backs of America. The automobile industry made an extremely controversial plea for billions of dollars, from the seats of private jets (not literally.)
It appears the correct answer, take what is left of the banking industry’s bailout and give it to GM, and Chevrolet. Which to anybody with half a brain was not the best option because it only opened the doors for additional industries to feel they were entitled to a piece of the TARF.
This morning on the news, sure enough another industry making claims to their entitlement to government money. Apparently if millions of dollars are not given to the real estate developers it will be the end of the world as we know it, again!
We are not living in a world where money grows on trees we seriously need to take a deeper look at what we are doing. If we keep up on this road we are going to drive the entire country into bankruptcy. American families everyday need to live on a budget, you can’t spend what isn’t coming in I feel the government should take a lesson or two from someone running a household on a budget.
~Nekia~
