Hello Everyone,

Spokane Washington Real Estate ExpertWell with everything that is happening there are many fears and worries over the economy, but one thing has been bothering me lately. Every time these big companies get into trouble they get a bunch of money from the government, which is really from us.

This reminds me of the the senators son who goes out and gets in trouble because he knows his father will bail him out. This says to the reckless companies it's OK to skim big profits and get risky because if all else fails we'll pad your profits even more by bailing you out.

Stop rewarding big business!The government is spending our money and what are they giving us in return? Nothing. Look at the housing crisis. I hear all the time that the people shouldn't have taken the loans. Well those people and their loans were holding up the sad economy and the stock market where people made tons of money. Then after the banks made big fees, they cry poor.

Before the government helps these banks and corporations, don't they work for the people? shouldn't they be helping the people losing their homes and not big fat corporations with our money. If you are going to bail someone out why not the people who you took tax dollars from. see if they give 3 billion dollars to the banks why not give 10,000 the average behind payments in foreclosure to about 300,000 people the amount of homes in foreclosure and that 3 billion would go to the banks but through the people and allow them to keep their homes.

The people need to cry out and not allow this government to give their money straight to the pockets of big business without helping the actual people. These companies need to go out of business because they made dumb decisions and if you bail them out they will do it again after taking everyones money and profits.

 
This post has been included in Washington Information Spokane County, WA Information Spokane, WA Information
Post is included in group: BLOG FOR A CAUSE
Post is included in group: Real Estate Strategies for Business Builders
Post is included in group: Realtors®
Post is included in group: Selling Soulfully
Post is included in group: The Art Of Marketing You

2 Comments on When will the government start actually helping it's people?

SEP
20
2008
114,118 Points 1 Featured Post Outside Blog

It's a mess alright.  Some of the bailouts were a necessary evil unfortunately as many jobs and other segments of the market are dependent upon it.  I'm still trying to sort out a clearer understanding of it all myself. 

1:43pm • #1
SEP
21
2008
407,294 Points 9 Featured Posts Localism Sponsor Outside Blog

Ross:  My biggest fear is that people are learnign it is okay to overextend themselves and get bailed out.  In my parents day, people worked two jobs if they had to.  If income wasn't enough to pay bills, they worked more.  The families I see that are not having legitimate hardships are not willing to do more to keep their homes. They want to give up and start over.  It's a slippery slope, because there are those that need help.  They've had catastrophic illnesses that have left them unable to work.  I think bail outs are a cop out for anyone or any corporation.  We are all responsible for knowing what we are signing...for not overextending ourselves.  There is plenty of blame to go around.  As Dr. Laura says (and I rarely agree with her) the world has far more volunteers than victims.

12:44pm • #2

Leave a response…



(optional)
What does the graphic say?
 
Ross_on_white_800 Rainmaker_large

Spokane Real Estate - Ross Quintana

Spokane, WA

More about me…

Team Quintana Real Estate - Keller Williams Realty Lic#3015

Office Phone: (800) 756-5251 x 1

Cell Phone: (509) 362-1966

Email Me

News and Tips for people Buying or Selling Spokane Real Estate . Visit www.TeamQuintana.com

Enter your Email


Preview | Powered by FeedBlitz

page counter ActiveRain Real Estate Social Network View Ross Quintana's profile on LinkedIn Blog Directory, Find A Blog, Submit A Blog, Search For The Best Blogs


Links

Archives

RSS 2.0 Feed for this blog

Find WA real estate agents and Spokane real estate on ActiveRain.