Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 8 Share on Twitter Printer Friendly Page More Sharing
Exclusive to OpEdNews:
OpEdNews Op Eds   

No Trickle from Bailouts!

By       (Page 1 of 1 pages) (View How Many People Read This)   1 comment
Author 5750
Message Michael Hayes
Become a Fan
  (1 fan)

The much cussed and discussed "bailouts" of the American corporate industries are being aimed at the wrong end of our society.   The only sector of our country that is and will benefit from these "bailouts" is the rich upper management and investors.  They will, in turn, only use the newly gained wealth to invest for themselves and do very little, if anything, for the rest of our economy at all.  

The "bailouts" should instead be aimed at the poor--and quickly declining middle class citizens-- who need help to survive.  They are the ones who, if given the required help, will pump these funds back into the economy primarily out of necessity.  The CEO's and other rich thieves of our society care little or nothing about the majority of our citizens.  Their consuming greed is the very reason our economy has fallen into a recession and is making headway towards a depression.  I will grant you that not all of our "rich" are the greedy evil doers but there are few among them like Mr. Buffet and Mr. Gates who are returning large sums of their wealth into society to help the less fortunate.

The sick relationship between corporate society and Wall Street which has companies spending every effort to meet their growth predictions, and little or no effort towards building more and better products,  has destroyed the reasons our country was a great "super" power.  We became great because of our goals of including everyone in our country to outproduce, in both quality and quantity, the rest of the world.  Shortly after the twentieth century began we started doing this and together we built the greatest nation on this planet.

Somewhere during the 60's and 70's we changed and started becoming the "Me" people instead of the "We" people.  Even our government has become corrupt and has lost its way.  Our motto needs to be changed to "In Greed We Trust." If Congress and the new Administration truly want to change, then it is with the support of "We, the People" that the change must begin.  I am not a fan of "socialism" but we have come to a point where we do not have a choice.  In order to reset the balance needed to revive our nation some social responsibility must be assumed by our government.  This includes seeking out those who have destroyed the balances of power amongst our corporations and punishing the guilty--as well as supporting those who will return us to our past competitive state.

Anti-trust laws must be used to break up the grossly oversized corporate monsters that are crushing the healthy competition between our companies as well as putting undue influence on our government.  Companies like Exxon-Mobil, Texaco-Shell, AT&T, GE, etc. are controlling our economy and our government to the detriment of our country and the entire world.  We need Theodore Roosevelt to return and show us how to take on these corporate monsters and save ourselves from their all consuming greed.

Bailing these monopolistic giants out is just adding gas to the fire that will destroy everything our forefathers and mothers have worked so hard for.  Please consider this when you start your attempts to revive our country.  It is no small thing that you will be doing.  The entire Human race literally depends on what you do in the next few years.  You represent all of the citizens of this country, not your party nor the lobbyists.  Please give We, the People, something to look up to!


Rate It | View Ratings

Michael Hayes Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am a Vietnam Vet disabled by MS and other various diseases.  On average I am a Moderate with slight Conservative leanings although it truly depends on what issue I am concerned with at the time.
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
   (Opens new browser window)

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Social Medicine, There I Said it!

Freedom of Speech" or License to Lie?

The End of the World, as We Know It

No Trickle from Bailouts!

Now is the Time!

A Party of the First Part?

To View Comments or Join the Conversation: