So here we are in the midst of the greaest economic crisis ever experienced in this country, and probably the world, and what do the power people do? Protect themselves. The "bailout" will protect those that had millions and billions invested in the mortgage industry from the lender side. I sold a home not long ago and lost 47000.00 on the deal just to get out from under it. There wasn't anyone there saying "oh poor baby you made a mistake and we'll fix it for you." at the expense of the rest of the country. The bailout will keep the money people in the money and put their debt on the middle class. As a society we owe the governement 146000.00 each before this bailout. If you're rich you don't have to pay much in the way of tax, if you're poor you don't pay taxes, if you work your butt of trying to make ends meet, you just got hit with another big debt that you didn't earn. Our Government, which is "by the people and for the people," has known this was coming since before JFK was in office. The average working family is being forced to pay for the mistakes made by the government and by big business. No one has ever offered to bail me out of the mistakes I have made in the past. I made them and I have had to pay the price. By passing this debt, about 1 000000000000.00, thats what a trillion looks like, off to the tax payers, THE GOVERNMENT HAS SIGNED THE DEATH CERTIFICATE ON THE MIDDLE CLASS. The middle class has been shrinking under the load of the government shortfall for a while now, The rich are getting richer and the poor are getting poorer. You will be one or the other because the middle class is not going to be there.
The bailout does not offer a payback of the funds, they will say it does or say they are working on a plan but the truth of the matter is this. The United States is the greatest debtor nation in the world. Before today we, as a country, have 90 trillion dollars of liability. The baby boomer population has reached it peak with 79 million people going in to retirement in the next ten years, all expecting to receive a check from the government. It won't be there.. The people that were born between 1946 and 1964 are fully vested in Social Security. We are the first generation that has paid this tax to the government our enrire working lives, only to find out that our government shouldn't have been trusted. If I ran a business this way, I would end up in prison for FRAUD, EMBEZELLMENT, and just outright theft.
We are not a Democracey, we are a Republic. We are supposed to be represented by an elected official that takes our combined voices to congress and the White House. When was the last time any one from the goverenment on any level ask you what you thought? Did you get to vote on wheather or not we went to Iraq, what about Viet Nam? Do you have a Lobbiest running around having meetings with congress people to gain support for what you want? I don't feel that anyone in Washington cares about me as a person or a citizen. Unless they need my vote, I don't exist except as a taxpayer ID number. I hope you have a plan that will allow you to have the future you desire, I hope my plan works....
Thursday, September 25, 2008
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