Jan. 30, 2009
Let's think about this....
Ok, so I'm sitting here thinking about the "stimulus" monies being poured into the economy (corporate comapnies) and this is my thinking. When you go to the bank and take out a loan, does the bank come to your door and tell you what you can and cannot do with that money? NO! You are taking out a loan and you must pay it back or your collateral, whatever it was becomes theirs and THEN they can decide what to do (most likely liquidate you). So why is it that our Government thinks that they should be able to dictate ever last nickel and cent that is given out to these companies? Smells like government take-over to me.
I know that it is good to have a committee perhaps to oversee, can you imagine if the greedy CEO's of these companies took the monies and left for a Villa on a tropical island (heck bought the island!). However, businessmen our government is not. I do not think that micromanaging loans that these corporations must pay back is right..
Please folks, don't listen to Obama and his cronies, do the right thing. Listen to O'Reilly, listen to Laura Ingraham, Listen to RUSH!, get on FOX and listen listen listen!! Do your homework (I know, aren't we too busy assigning homework?
). Just start listening, start talking about it.....
Can we say hello Communism? Socialist agenda anyone?
Comments
Feb. 4, 2009 - Untitled Comment
Posted by Anonymous
You are missing the point though. The Government did not give them a loan with their money, they gave the banks a loan with our money. The CEO's knew full well that a government takeover was coming, but that was less important then giving up their lavish lifestyles.
The government shouldn't have given away our money in the first place, but since they did, I expect every dime to be accounted for. I would also expect them not to spend it on things like a giant arcade tent at the Super-Bowl. Something Bank of America did.
All this bailout is, is former company executives turned government employees bailing out their Wall Street friends.
Go check out who Paulson used to work for, then connect the dots and see who got the first cash infusions...and who did not.
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Feb. 4, 2009 - Couldn't have said it better
Posted by Anonymous
I don't think I missed the point however, I do think it should be considered that right now it's easy to say the government should take care of our money (not that they have in decades) and I agree we should take note, I don't like paying for swimming pools either or trips to Tahiti (or buying Tahiti). I do think though that rarely does it ever stop there. Wouldn't it be nice if we could take our leaders at face value? Wouldn't it be nice to think that they just simply want to account for every penny? No hidden agendas? I'm sure they do but they will want more. Human kind is greedy and why have every penny detailed when you can control the entire corporate world? Also, why slave away corporately when you can let the government do it for you? Just take the money, relinquish the power and..........
I completely agree with you "Anonymous", to a point. I definately agree that it is "our money" (sort of, don't forget, business pay taxes too, more than we do) and I would hate to see it spent on rediculous things, I believe I mentioned that. On the other hand, perhaps a "bailout" is not what is really needed. I know that economic collapse is not exactly great either but honestly, if copanies go bust because they spend like spend thrifts, perhaps it's time for fresh blood (so to speak. I'm being short and not getting specific as my time typing doesn't allow (picture kids pulling cords and turning off my computer mid-type! I don't want to banish them either, they are just doing what kids do, especially the toddler set!).
My concern is that the regulation may get to be a bit much. The bigger picture beyond what the government may or may not do to "control" the monies being passed out like candy (you said it well about friends helping friends, did you check out Obama's ties to the Freddie Mac/Fannie mess? I assume you have) is this "bailout" is nothing more than the Dem. party trying to get in everything, or atleast most of, the things they couldn't get in over the past 10 years. None of which is really going to help out our situation in the short term, or long term for that matter. It *may* help in the VERY long term but to determine if it was that or time will never be able to be discerned, and that is not my opinion, this is according to those wonderful financial geniuses talking heads on both camps. When liberals agree with conservatives on this issue, I take notice!!!
Thanks so much for your comments, I don't believe I missed the point as much as I'm raising the questions to get folks thinking.
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