The Bank Bailout

It always amazes me the hypocrisies the flow from Washington especially those on the Right. They clamor in groups against Obama talking about his strategies will lead to a bigger government. Obama is in a sense advocating that Big Gov get more involved in the lives of the average American, not so much to intrude, but more to make sure we have the tool necessary to live a prosperous life. This current situation with Big Gov, leads us to bailout the large corporations when for so long we were made to feel guilty that we were losing our houses and it was our fault for buying too much house (that they say we couldn't afford). For nearly two years while the CEOs of these companies were getting richer and the gap between them and their employees were widening, they were looking down their noses at our mismanagement of our personal funds (most of which was going to rising property taxes, gas bills, rising utilities, and food soring out of control). So now the Big Biz calls upon their leader GWB to cash in on their favors he promised seven years ago when he ran for the job the first time, saying that he would be the President for Big Biz, lowering their taxes and easing the regulations, i.e. the FCC.

There is an argument that states that had the government stepped int o help the markets, there would not have been a Great Depression and that helping the largest Corporations will trickle down to the common man. It is true that these companies need people to work in them, they do not run themselves. But a lot of these companies have been send there work force overseas to cut expenses, while their products and services have on average increased. And of course while their CEOs get richer and richer the middle class is quickly fading away.

Living in third world countries (on purpose), I saw the devastation of a non-existing middle class. The gap between the haves and the have not is so great in places like Ghana that the common person essentially has neither the ability to advance, nor the power to change his lot. When businesses rule the government and greed is the law of the land, the nation is doomed. Bailout the people, suspend taxes for a year so we can keep all of our money, and we, the Great People of the United States will revive and stimulate this economy like never before.

DS