As I shared earlier, bailing out the auto manufacturers of GM and Chrysler is a very bad idea. These companies have already shown that they are incapable of running a tight ship. And they could easily declare bankruptcy and never pay back the American taxpayers the money we’ve given them. Well, guess what? That’s exactly what GMs auditors are saying is going to happen with GM. In spite of the bailout monies given to them, there is still talk of filing for bankruptcy “protection.” I love how they call it that in corporate America. “Protection”…like the taxpayers are the bad guys for wanting their bailout money paid back.
As you know AIG has been granted MORE money. This is what really irks me. GM and Chrysler are auto manufacturers. I suppose you can expect that they will “miscalculate” money. But AIG is a money manager! Not only were they criminal in their handling of money previously, but we gave them a bailout and they’ve shown that they are consistent with their mismanagement of money yet again! What part of us giving them MORE money doesn’t seem incredibly ludicrous to anyone else out there?
And yet we Americans have allowed this insanity to rage on. Who reading this has actually taken time to write their government “leaders” and let them know that this is unacceptable? Very, very few. And since the rationale can be applied that the “very few” don’t reflect the sentiments of the majority, the insanity rages on because our government “leaders” have forgotten their responsibility is to solely defend and protect our freedoms. If such a crystal clear ruler was used when they made such insane financial decisions, then the bail out would never have happened in the first place, let alone the stimulus package. In what way do these monies defend and protect the freedoms of American citizens life, liberty, and possession of property? NONE. It only creates a heavier burden of bondage on us due to the horrific taxation that will follow.
I pray that it is not too late for Americans to take action and responsibility for the insurance of their own freedoms instead of continuing to delegate incompetents to do so.
In Freedom,
Kellene
Copyright 2009 Kellene Bishop. All rights reserved. You are welcome to repost this information so long as it is credited to Kellene Bishop.
Blue Wave!
6 years ago