Wednesday, December 10, 2008

Bailouts

I guess you have to be a huge conglomerate to receive bailout money. It probably helps if your executives receive salaries in the millions and your employees receive almost 100% of their pay if they're not needed to work.

What about the little guy? You know, the tiny hardware or convenience store on the corner where the owner/manager/salesperson is a single person who works 70 hour weeks just trying to stay afloat. Is anyone going to bail him out?

What about the family who trusted the banks to tell them what kind of house they could afford and then refused to renew their hefty mortgage? Why do they get tossed on the street while the money hungry banks get bailed out with public funds?

I spoke to a man yesterday who told me he has to work at 4 different jobs in order to earn enough money to live on. He was well into his 30's and I'd bet his wife is also working because that's the way of the world these days. For most of us, one salary isn't enough. I know we try to live too high on the hog but too many of us are having trouble today keeping a roof over our heads and food on the table and that is shameful.

There is something so wrong here and it's reinforcing my belief that the huge companies who rule this world are all led by a small group of slave owners...and we're the slaves. How else can we explain a CEO of a bailed out company receiving a $10 million dollar payoff? How do we explain a bailed out company allowing a few of it's employees a vacation that cost half a million dollars? And how do you explain the fact that some people have to work at 4 different jobs just to survive?

We're used to the government wasting our tax dollars but it appears that they also allow big business to steal them.

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