Auto Makers Want More Money From You and I???

ENOUGH IS ENOUGH!!
I begrudgingly went along with these guy's last requests for bailout funds, as did most of you who are reading this (and some of you...you know who you are.... thinking this had to be done as it affects all of us!) but now they are asking for yet many more billions of dollars.

I WHOLEHEARTEDLY say "SHUT YOUR DOORS" if you cannot make your companies financially viable with the funds you have been given already. I have an idea....take some of the highest paid executive's paychecks and use some of their "overpaid" salaries to help run their company. Yes, I know it won't amount to the many billions of dollars they are asking for, but it would be a start...

If some people are to loose their jobs because of this "so be it". I lost a job because of the economy and I found another one and I am surviving and so will they. But I DO NOT want any more of "my money" to go to companies who pay their executives millions of dollars but yet still expect massive government hand outs to operate.

I for one will never buy an American automobile again. Their greed and ignorant corporate decisions have put them in the mess they are in and unfortunately it is affecting their rank and file employees, which has happened in many corporations of late.

I am sick of people making excuses for why we are in the middle of one of the biggest financial messes we have ever faced. The fault falls squarely on the shoulders of greedy corporations and their executives who are highly overpaid, expect massive bonuses, live in 5000 sq. foot plus homes and own sailboats and yachts that the average person cannot even remotely afford or even dream of having in their lifetime. These people took advantage of "personal theoretical value" that really isn’t there to begin with along with mortgages and personal debt that would have baffled our forefathers. All because their financial advisors and their banks said they could....

It is time to get back to common sense and living within our means. And if that means (like our governer Doyle says in his budget propaoal for 2009) taxing the hell out of the wealthiest people and corporations and again taxing their capital gains and using some of that money to recover and get back to a somewhat normal life for the masses, combined with helping the less fortunate in the process, then I am all for it.

Some may call that socialism. I call it "sharing the pie and spreading the wealth". Maybe, just maybe, a "socialistic way" of life for the masses may just save humanity if we haven’t screwed ourselves into total anarchy already.

One thing I know for sure is that "The Free Market Economy" and "Capitalism" as we know it sure isn’t working.


The link to the story that made my blood boil and made me write this missive is below:

http://hosted.ap.org/dynamic/stories/A/AUTOS_BAILOUT?SITE=WIMIL&SECTION=HOME&TEMPLATE=DEFAULT