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sizzlinhot
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Posted on Sun, Nov 23, 2008 03:58

I'm sure we all hoped that the bailout money would be spent wisely. Provide the financial institutions billions of dollars to put a band aid on their 'owies', and it turns out to be cancer. A $700 billion dollar bailout and they grovel over whether the tax payers could use another stimulus check as the holidays are now here? They can't quite figure out how to help the small business owners who sustain this country, so they'll just have to wait a little longer for relief. Thousands of homes. Millions of people. Families. With no where to go, and no where to live. The banks get the green light for the bailout, and OFF they go to mandatory training seminars costing $350,000.00!!! The same banks who were so tapped out of money, and resources can suddenly afford lavish trips for the executives who make millions of dollars in salaries. They say the trips were planned 6 months prior to the financial melt down. LOL! Thats their defense?? Pay the cancellation fees, and plan it again for next year. DUH. Instead they go to not 1, or 2, BUT 3 AIG executive training seminars. How to golf, wine and dine, enjoy spa treatments, and other important financial industry happenings. AIG did admit to cutting back on one of the seminars. They canceled a $40,000 guest speaker who would be sharing his financial industry knowledge. Terry Bradshaw, the former football quarterback and now NFL commentator. A simple meet and greet, with autographs and a photo opt. Nothing to be learned or shared on financing. These financial idiots who have so much damn money of their own, should be held responsible for letting things get so bad, within in their own companies. Thousands of branches across the country and no one thought to keep a tally of what was going on??? I have no problem financially helping the companies, corporations that sustain us on a daily basis. But professional, educated men, who head these financial corporations trying to spew nonsense that they were unaware of the potential financial collapse we're dealing with now is BS. Paying a fine will NOT teach them a damn thing. Funny how jail time can humble someone. Fix the mortgage mess by allowing homeowners and their families to stay in the homes. An empty home generates no cash. Who's it hurting to let those families remain in those homes, until terms can be negotiated, payments missed can be added to the end of the loan, and things get back on track for both the financial institutions and the buyers? Slapping a "no trespassing" sign on the home, and another huge sign saying "SEIZED, the bank now owns this property" solves NOTHING. When foreclosures were few and far between it was 'business as usual'. Those days are gone. Homes being destroyed and gutted by angry home owners who'd rather surrender the property as a disaster, than to hand their home back to the bank. Thousands of homeless families. Family members trying to take in other family members so they have a roof over their heads. So much unnecessary hardships that could be solved by taking small steps to get there. It's our money. Why hasn't our government asked the American public for our input? Input. Not a multiple choice random poll that makes the local news cast. Great minds, great ideas, can come up with great solutions. We've seen what happens when our government only let a few ideas, and solutions be their guideline. Can anyone say "Catrina, and FEMA"? If our elected officials can't get their sh*it together, along with the financial institutions who claim such despair and no light at the end of the tunnel; Step aside, and by all means, allow the citizens of this country a chance to fix this mess. We're used to facing monthly financial crisis. We're not afraid to try something new. We take chances on each other. We lean on each other. We pull together in crisis. We realize that a problem solved never comes from just pointing the finger of blame to those responsible. When someone is drowning you don't waste precious time forming a committee, devising a plan of attack, submitting the plan for approval, or drawing up legal forms so you can't be sued if something goes wrong. You do what's right and save the person drowning and face whatever might come as it comes.


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sizzlinhot
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total posts: 353
Posted on Tue, Nov 25, 2008 21:27

Thanks Kitten and Bold.....Few things get under my skin the way government chases it's tail around in a circle.


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