Monday, February 9, 2009

It's been a while...

Why is it when you really have something to say, your computer decides to crap out!
I am going to try and address just some of the issues that are REALLY bugging me.
THE BANK BAILOUT...
If you loan money to a company to help them out, should you be allowed to allocate where that money is to be spent? I mean, should the government have to tell the banks where they should spend the "borrowed" money or is it a no brainer? Personally I thought the money would be used to invest in things that would bring the value of those banks back into black. I certainly didn't think the banks would pay bonuses first!
Now, I am a single parent working two jobs, do I want my hard earned tax money to go to some rich guy deciding to buy the condo in Florida or the Bahamas? NO!!! I have to decide which bill to pay and which one I can wait on 'til next month!
There were of course commentators on the subject and most were in favor of Obama's idea to make the banks pay back those bonuses, but there was one guys who thinks the government should stay out of the banks business!
He had the audacity to say that government has no business telling the banks where they can or can't spend their money! First of all, it's not their money!!! They had to beg the government for a handout! Correct me if I'm wrong, but the banks did not get into this mess because they were frugal and saved their money for a rainy day! The big banks have squandered money away to the point where hard working Americans were on the brink of losing their jobs and risking putting us into a worse recession than we are in now!
If any company has to go to the government for a billion dollar bailout, I think "we the people" should have a right to say where that money is to be spent!
It just sickens me to think that these banks can continue with business as usual while hard working people have to make decisions on whether to buy milk this week or pay for medications!!!!!!

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