Showing posts with label Rants and Raves. Show all posts
Showing posts with label Rants and Raves. Show all posts

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.

Sunday, November 30, 2008

Hold on!!! Here we go!!!

If the current economic recession we are experiencing is not enough. We now have to deal with the rising cost of health insurance. I can’t argue that health insurance is not necessary. Given my families medical history it’s a must for me and my siblings.

After reading a few articles, I am dumb founded as to why the cost of health insurance is rising at unseen before levels. What is contributing to the rise....greed, lazy people on welfare? Inflation is only 2-3.5% yearly. It is hard for hard working Americans to keep up. Workers are now paying $1,400 more in annual in healthcare premiums for family coverage than they did in 2000. It is no wonder why there is a growing number of uninsured Americans.

Some national surveys show that the primary reason people are uninsured is the high cost of health insurance coverage. Nearly 47 million Americans are uninsured; the United States still spends more on health care than any other industrialized nation.
Premiums for employer-based health insurance rose by 6.1 percent in 2007. Small employers saw their premiums jump as well with an increase 5.5 percent. Smaller businesses with less than 24 workers saw a larger increase of 6.8 percent.

Health care spending is 4.3 times the amount spent on national defense. Hopefully Barry and his band of merry men and women can help once he takes office Jan 20 2009