I have been an accountant for the past eleven years. I can tell most people that the last thing you want to hear from me is all about my real world job. Most people equate accounting with math and that is a huge turn off from the start for them. The problem with this reaction is that the general public does not understand how the economy works. The American voting public wants large corporations and the government to run the economy for them in a way that their credit cards work, they can borrow money for a car or a home, their retirement accounts are at a value that will give them a nice lifestyle after retirement.We should not expect the average American voter to know how to run a large investment bank or how to run the government. With a society as large and as complex as America we need people who can specialize in areas of expertise. The key to keeping the balance is oversight and regulator controls that will keep greed in check.
We need to say to people that you will be paid well for a good job but at the same time we must punish people for failing to achieve the goals set for a corporation. The problem is that the present day government has failed to protect the interest of the average American voter. Large Corporations have created what they call the golden parachute to reward individuals who have failed to achieve the goals set out for them. With corporate leadership walking away from jobs with million dollar paychecks even after they have run the corporation into bankruptcy there is no reason or drive for these people to work for the betterment of any corporation. These leaders are in it for what they can walk away with for their own bank accounts.
Current elected officials in the Republican Party have done everything they can to dismantle public oversight and regulatory controls. They have removed the very regulations that would have prevented the current crisis. They say that public assistance programs are a form of socialism as if it was a crime worst then murder but the current bailout is more socialist then any public assistance program could ever hope to become because of the price tag attached to it.
We need to force a rebalancing of the current system that has caused our economic crisis. We need caps on the amount of money that corporate leaders earn. We need strict oversight of corporations. We need rules to control the greed factor of Corporate America. We need to limit the size of large corporations so that if one fails that it does not damage the economy. No corporation should be allowed to get so big that it can not fail without causing a depression in this country. We need legal recourse for any individual who knowingly runs a large scam on the American people for their benefit. We need to limit corporate control over elected officials who make the laws that protect average American voters. Corporations should not be allowed to buy influence in our government halls. Lobbyist should be banded from holding any job related to public office and public office holders should be band from becoming lobbyist. This rule should also include their staff. If we do not demand reform right now while the public is watching then the problems we face will only worsen in the future.
