Frustration doesn’t even come close to the feeling I have about the economic crisis that is going on in our country. I don’t think it is going to kill the United States of America or anything like that. It is bad but not deadly. What is so frustrating to me is the lack of common sense that has seemed to take over businesses and the government.
Why in heaven’s name would you give money to banks that can’t even figure out who to loan money to. So you are giving money to people who basically give money away. Where is the logic in that? I guess it doesn’t “feel” as bad if it isn’t money out of your personal pocket but instead taxpayers. It probably doesn’t feel as bad if you make a ton of money, saved a ton of money and won’t feel the pinch when this hits the fan.
A business no matter how big or how small needs to always keep the bottom line in mind. That is what a business is in the end, a vehicle to make money. Funny I used the word vehicle. The US auto industries are also begging for money today. They fly into DC in their private jets to the tune of $20,000 a pop. Probably in expensive suits having eaten nice meals after begging for money. They need billions of dollars to help their business because they claim they can’t do it themselves. How do they know that?
How can they possibly know they can’t do it themselves? Have they tightened their belt, cut the wages on top? If you are not making money and need handouts you surely don’t deserve a big wage. Have you sold off the unnecessary things, hmmm like private jets?? Have you looked at your product and designed and marketed it to the public needs? The answer to all these questions is NO, no, no! They haven’t done this. They want to keep doing the wrong things and get free money to refigure the business instead of changing their current way of doing things. It gives them all the benefits of a positive change for their business, without the pain of changing bad business practices. Pointing out again to you that their way is failing, hence the need for the billions!
I heard about the FDIC or some other government organization is now securing gift cards. Gift Cards!!! I guess that companies can sell gift cards but they don’t actually secure that money anywhere. It is just put in their coffers to be used as they see fit. Hoping that a percentage of people won’t use them and they have free money. A company went out of business and there was a lot of money in unused gift cards outstanding. The people holding those cards were out all that money. Millions of dollars!
So to avoid this, the government has decided to back them. Wouldn’t common sense indicate instead, making the businesses keep that amount of money fluid on their books to cover the gift cards/money that was given to them? Why not make businesses maintain that money in a separate account, at least for a reasonable amount of time, 5 years maybe?
Who is watching the government yahoos that are handing out money like drinks of water? “You need a drink? Sure here is one for your!”
Where is the common sense in all this?? Where are the sane people, thinking about the bottom line in their jobs instead of only their home budget. Where are the people who think of the common good? I personally know many in the military, why are those type not running our businesses and our government? All you with common sense please step forward, your country needs you!
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Unfortunately, what we call common sense is a dying entity in our culture. People want handout after handout but are unwilling to do any work to even be eligible for the assistance that is already available. Those on the top rarely look down from their pedestals to see "commoners" and how they live day to day.
If common sense, decency, and the right thing were done in D.C. rather than pandering to the corporate nut jobs who put us here in the first place, we would all live in a much better world. Corruption runs deep.
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