The Bailout

So far I’m not pleased with the bailout. I’m talking about the $750,000,000,000 here’s why.

First I new something had to happen and happen fast. I was in favor of giving the people the money rather than the fat cats. $1,000,000 per person in America would settle everything within 24hours, but that would be too mush like right and cost less money, something like $307,000,000 vs. $750,000,000,000 with better results but that could not happen even though socialism is socialism no matter who gets it.

Next I said create community banks to dole out the money rather than give the money to the fat cats because community banks would work directly with the bailout program without golden parachutes and investors and you wouldn’t be rewarding the people whose greed put us in this fix in the first place.
Community banks would lone money for homes, cars, inventory, and cash flow for the movement of the infrastructure following the stimulus package coming from Obama that would put millions of people to work now.

Now these fat cats have horde the money, paid huge bonuses, and won’t lone anybody anything. Know one asked the party affiliation of the decision makers of the fat cat banks either did they, I’m sure they’re not democrats.

Giving more money to this same group would be foolish because they showed that they are not going to get up off on anything.

In order for Obama’s economic package to work he must start over with everything including the Banks. Oh, and by the way, for the auto industry, know one asked them what they are going to do about keeping jobs here in America instead of investing abroad. So what if you make a better car, who can buy it if the jobs are gone.

Hey Obama, go to a flat tax, lift the cap off of social security, raise the minimum wage to $14.00 per/hr. for industry employing over 25 people, extend unemployment benefits too 18 months, and put huge tariff on imports to level the playing field on our goods vs. foreign then sit back and watch the movement.

Gaidi