I don't understand.
And I'm trying not to let my ignorance skew my emotions, but I'm also mad. I know this whole financial "rescue" (they're not using the word bailout anymore; something about negative connotations - duh!) is needed, but it makes me mad that the big, greedy guys get to be bailed out (I can still use the word), while the average citizen is expected to own up to their responsibility and trudge on through hard times. No one come along and bails us out!
What I don't understand and makes me more mad is the "extras" they added to this current rescue plan. I heard about it on a couple of the morning shows and went online to find out what the "extras" were and why they were there. Here's what I found that the senators added to the bill: (source)
* Manufacturers of kids’ wooden arrows - $6 million.
* Puerto Rican and Virgin Islands rum producers - $192 million.
* Wool research!
* Auto-racing tracks - $128 million.
* Corporations operating in American Samoa - $33 million.
* Small- to medium-budget film and television productions - $10 million.
Why? I guess, because they can. Lobbyist doing their jobs and in my opinion, Senators, at least a few of them, who are not. It should be all about restoring our economy with as little money as possible. After all, who will be paying for this in the long run? I believe that would be you an me, the average citizen.
As I look at this list, I would think all of these entities, with the exception of maybe kids' wooden arrows (but do we need these?), can either raise their own funds or have access to funds just by what they do. How much money pours into the racing industry? Don't rum producers make a bundle of money from sales? Why is the federal government concerned about small to medium budget films?
Call me ignorant, but I just don't understand.
6 comments:
That sounds absolutely crazy! I'm going to have to look into this a little further. These are the "deal sweeteners" we heard about? Hogwash. pardon my french!
Nancy
What??? I had no idea all that stuff was in there. I guess I need to read up!!
lobbyists doing their job it right!
nononnonononononono
government going into business is SOCIALISM....businesses that can't act responsibly crashing is CAPITALISM....there's a big difference here.
I still like the email that said divide that 700billion by every adult CITIZEN and give it to us...it'd work!
did I send that one to you?? if not send me your address at this.mightymom@yahoo.com and I will you'd love it.
It's ridiculous. there is nothing to understand. Ridiculous. I should have bought a beautiful home requiring NO work at all that was WAY above my limit. Maybe the govt would bail me out.
Yeah, the earmarks that get attached to every bill makes me crazy too. Something has to change.
Thanks for stopping by my blog and commenting, by the way! :-)
I'm with you on the "I don't understand" side of things. Special interests seem to be the way to go. The more they cost the better. Hmmm... Seems a bit WRONG!
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