The Great Bail Out

So it begins, the bail out package has been passed and signed into law. I am not sure if this was the best course of action for America to take. While no one can predict whether or not the package will work we should be concerned.

The democrats have filled the stimulus package with millions upon millions of dollars on programs that will only allow those who want a free ride to stay on the bus a little while longer. Over the last few months companies have been forced to lay off hundreds of thousands of Americans. This is tragic and no one can deny that fact. Hard working Americans are out of work and trying to make ends meet. I myself was a victim of the country wide lay offs. I was lucky to receive a severance package so I am not collecting unemployment but it has been my experience if someone wants to work they will.

With the state of the economy, job seekers must be more realistic about the opportunities available right now. Someone making $75,000 a year may not command the same salary at the next position. This is just a fact of life. The Stimulus package is not going to help these people - the package is not going to help me. It is just going to cost the Americans who actually work and pay taxes more and more out of pocket costs.

Companies who squandered away profits and decided to pay "bonuses" to executives (even though the company was losing money) have received and still are receiving billions in tax payer money. We are rewarding failure and mismanagement. Look at GM and Chrysler. We may need just a few more billion to stay afloat. What happened to capitalism - welcome to the New America and the Socialist Party we put in power.