XI: Bailout Continues

The government recently showed the status of the 700 million dollar bail out. As follows:
$250 Billion for the Banks
$40 Billion for American International Group
So the obvious question with these large sums of money is what's up with AIG & when am I going to get some green?
AIG has reportedly used this 40million to have a super expensive retreat n Dana Point, CA & a trip to England on a partridge hunt.
As for the american consumer, well help isn't exactly coming any time soon. We have to get in line behind the auto makers and basically every other private corporation. (Wait for Walmart they'll be they'll be there soon.) In the mean time if you haven't lost your job already, consider yourself lucky. American's jobless shot up to a 14 year high of 6.5% for Oct. So we look to the over site committies; unfortunately, for them and us it's a near impossible task. You can't give the corporation who are in a sense small governments large sums of money and know exactly what they are doing with it. Namely if the company knows its going under anyway contracts with the company are irrelevant. Might I suggest having contracts with each individual companies shareholder & executives; so if one of these individuals uses the funds for self greed then jail time or their personal funds are options for justice. (The problems with over site in general is that they really get data to late and that data could be corrupt. An on the ground task forces should be created to watch these mini governments going forward).

As we approach what must be the end of the way a free market is run let's think of structures to put in place: 1) corporations should never be allow to have so much control. This includes where & when they produce their goods. Its not regulation its safety. 20 Corporation should never have had the same rights as individuals 3) companies who create energy efficient ways of doing this in the us should be rewarded. 4) New types of worker safe industries should always be over promoted by the government. 5) we should cap how mush money individual executives make (they should never make more than God as they do now. I mean come on some make 1.7 million. What are you doing that's worth that much. Hire like 10 rich people to do one job.)

Hope Congress has some better insight today.


End Transmission