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Old 09-29-2008, 08:25 AM  
OMG Jim
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Quote:
Originally Posted by MikeHawk View Post
I don't like the idea that the average American has to pay more taxes to bail out the rich guys.

I think some of what these guys did was criminal and they should be prosecuted accordingly.

I think putting a large part of the housing market in America into the hands of the Federal Government is a mistake.

I think when President Bush was speaking the other night and he said that when the market went back up in the future and the property holdings were then sold off by the Government "every single dollar of tax money will be repaid" is a joke. Even if they make the money back they'll give it to some special interest group.

I think the fact that irresponsible people have defaulted on their loans shouldn't leave those that do meet their financial obligations holding the "bag of sh*t".
I totally agree with you on all points here Mike. We've got a cluster fuck on our hands.

My question to you is what do you think that the average American can do to have ANY kind of impact on this current situation? Don't you think that it will take some major U.S. corporations that are NOT joined at the hip with the U.S. government to step up and use their clout and resources to start the process of figuring out the best possible solutions to our economic debacle?

This means that you would have to have major corporations stand up to the Oil, Banking, Insurance & Medical/Pharmaceutical industries to make this work as I see it... and therein lies the root of America's problem. Too few controlling too many!

In other words the U.S. citizens, corporate executives, that have the power must in some way exercise that potential power since the average "Joe" is too busy trying to survive and provide for his own. Maybe we are taking the wrong approach by writing and calling our elected officials but instead we should start putting the pressure on the corporations whom we have invested our saving and retirement with to Step Up and confront the government with every damn corporate lawyer they've got. We need to have corporate laywers swarm Washinton D.C. like locust until all the government gets it's shit together.

Just my worth Mike.
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