Wednesday, October 1, 2008

"What we've got here is a failure to communicate."

The America voting public is very angry at Wall Street with good reason. We don’t see why they should get a bailout when the Bush Administration has steadfastly refused to help troubled homeowners and those Americans who made the right decisions. We don’t like that CEOs of large corporations earn outlandish salaries while Main Street America has to make due. The Congress is getting an earful from the voting public this week and because of it being an election year they have to listen. So what does the America public want congress to do?

We want accountable and responsible for Wall Street CEOs in this bill.

We want protection for taxpayer’s dollars.

We want help for the people on Main Street that made the right decisions.

Homeowners need to pay for the risky mortgages they took out. Give them a fixed rate to pay and let them keep those homes.

What Congress and the Senate have to communicate is how this new bill will help stabilize the economy and protect the taxpayers. We want to know that CEOs of the failed corporations will not benefit personally from our tax dollars. Congress and the Senate need to avoid telling the voting public not to be angry at these Wall Street business men who made bad decisions because that is just not going to happen. We watched as the telecommunication corporations walked free after spying on Americans and people are still not happy about that issue. We will not watch while CEOs of Major Corporations take taxpayers dollar and walk away leaving our economy in recession. If the Democrats have to stand their ground on these issues then so be it but to give in to the Republicans is one sure way to loss an election.

Once all of these objectives have been achieved the America people are going to have to bit the bullet and bailout these corporations for the sack of the economy and their own well being. But no elected offical should expect Americans to be happy about it.