After hearing that the bailout plan is changing, including helping credit card companies(reasonable rates would probably get them a better ROI) , now the automakers want in. They build cars that cost more than houses and wind up in $65 an hour repair shops in less than year. They should go broke. Didn’t this happen before with the auto industry? Anyways after hearing this news I decided to google can i get some bailout money. I could sure use it and came across this
Get a Piece of the Government Bailout
Our government is getting comical about this. I just dont see how this helps anyone but the wealthy.
Give the wealthy corporations and banks taxpayer money at 1.5% and then they can loan it back to us at their discretion with no over site or controls. Does this make sense to anyone but banks,corporations, and politicians?
Are you Riled Up?
Paulson is now deciding the government needs to help other businesses bailout. What about the American consumer? After a decade of huge corporate profits , the price per kilowatt of electricity actually doubling, fuel tripling, not to mention medical expenses , wages have been stagnant. All Americans have not been using credit unwisely. Many have used it to provide for their families out of need due to the above factors mentioned. As the rich have gotten richer, record corporate profits, the typical American family has been finally tapped out. Tapped out of savings, tapped out of credit. Yet our government sees fit to help the corporations. The majority of Americans have no more to give.
United States Population: 301,139,947
1 trillion dollars is basically $30,000 per person!
What would it do to the economy and families to have an additional $30,000?
There would be no need to shore up companies balance sheets AND give them taxpayer money..to loan back to the taxpayer(doesn’t that seem odd?).
http://www.msnbc.msn.com/id/27677764/
News & Opinions For and From The American Working Class