Saturday, November 8, 2008

We need accountability for the bailout

We have gotten tons of emails regarding the accountability of the bailout. Over 350 so far, we want to take thousands to all of our representatives in order to get a real accountability on this boondoggle. In every case the experts agree that the money has not gone to help the people. I have heard estimates that as much as 10% is being used as bonus’s for the wonderful rich boys who helped create this trauma. I know many of you don’t like to give out your email so if it’s easier for you, just click on comments and say count me in and we will include your comment. It is not necessary to give your name or city unless you want to. We need that money to go where it will do the most good not into the hands of unscrupulous money grubbers. The government so far has chosen to bailout only banks yet have let the Auto Industry go down in flames, who hires more people than the automobile manufactures? I know the American Auto makers have asked for this problem for a long time but by putting out sub standard products but in the last few years have made many improvements in their products and they will now compete with any on the market. To me this is our money, the tax payers of America and we should have a voice in how it is spent. The Auto Industry at least would pay it back as Chrysler did in years ago.

It’s time for all of us to get involved or quit whining about the how it’s being done. I for one would like to see more of it go to the (SBA) Small Business Administration to bail out the companies that most people work for rather than the big banks who are just swallowing up other banks with the money. We can make a difference in mass. Just click under comments and say count me in. You will never here from anyone other than in this blog but you will be counted when we send our information to the Congress.

And that’s my opinion,
Don

1 comments:

Malik48 said...

I support this very much,fact is I would like to see the government go after the CEO's who took a lot of this money,fact is if that was to be done we wouldn't need a bail out.Example the CEO from Leahmen brothers walked away with I believe over 90 millions while others who worked there ended up with nothing.I do agree that the bailout money should go to the car makers so they may be able to stop their layoffs and hire those who are without jobs,cause lets face the rich is still spending money.They give the money to the banks so the banks can loan money out,where if folks is without jobs how will they borrow money.So give money to the car makers,and the govenment needs to appoint a watchdog committee to oversee how and where every dollar is spend.Problem is before money was being spend and no one really knew where it was going.So whatever I can do to help your cause please feel free to contact me at muhammadenterpriseltd@hotmail.com