Sunday, December 21, 2008

2 Bailouts down....How many more to go? Its anyones guess?

It was no surprise that the government approved another corporate bailout for the domestic automakers. Of course it was much smaller than the one the banks received, but still it came at the cost of the hard working American taxpayers. It goes to show that these companies are not management effectively. A company should be prepared for tough times and not expect Uncle Sam to help them out due to lack of fiscal planning

I think it would be better suited for the government to help the taxpayers that are keeping this debt ridden nation afloat. Why is it that big Corporate Executives can continue to draw large salaries/bonuses, use private jets and other luxury wants but come crawling to the government for money. Yes, it sounds like the government welfare program that continues to provide for lazy people that refuse to work or find ways to make money that is undetected to the government and have the government help them live high on the hog.

Maybe these corporations that are begging for money should tighten their belts and slash waste. Stop giving bonuses and stock options when the company's performance does not warrant it. The executives that are making unexcuseable large salaries should take a pay cut to help the company save money. You don’t need millions of dollars a year to feed your family of 4.

REMEMBER ALL YOU HARD WORKING AMERICANS, KEEP WORKING MILLION OF AMERICANS ARE DEPENDING ON US SO THEY CAN CONTINUE TO BE LAZY AND RIP THE GOVERNEMENT OFF AND TAKE ADVANTAGE OF US.