Monday, September 29, 2008
Financial Crisis
Wondering how everyone feels about this bailout plan. I am not a political person, a matter a fact i hate politics. The reason i have started watching is because of the direct effect it has on our future. I know we as an economy have to do something but i don't know what. I think it is a little crazy for the government to bail out a company that made bad decisions, businesses go under everyday. The biggest problem i have with these companies is that they claim bankrupcy but there CEO's are walking out the door with hundreds of millions of dollars. CRAZY!
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1 comment:
yeah it is pretty ridiculous isnt it. I myself am not much of a "political enthusiast" either, but as you said this crisis has us all on the edge of our seats. It does seem unfair that we the taxpayers should pay for poor decisions by large corporations, but if we want to prevent the loss of thousands of jobs and years of an economic downfall, I feel government intervention is the only chance we have.
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