11.17.2008

Bang for My Buck

I am losing my patience with our government. I keep telling myself to put down the newspaper, take a step back and breathe, because it’s not as bad as it seems. What’s got me hyperventilating? Our current financial situation for one. It seems we've given out 2-trillion dollars and nobody in government knows who got the money or how they are spending it.

I’m not happy with the bailouts presently going on. Not because I fear we’re sliding into a socialistic kind of government. We’ve had some sort of socialistic tendencies going on for years, like our progressive tax system, for instance. What bothers me is all this money is being given out in taxpayers’ name, and still, nobody is being held accountable. I mean, who is getting this money...what are their plans for this money...do the CEOs and other honchos still get their bonuses and golden parachutes....are other companies, like AIG still funding getaways for their execs on taxpayer money...was any criteria set before they got the money, or did they just say, we’re broke..give it to us...

That doesn’t work for me or anyone I know for that matter. When those of us in the real world go broke for whatever reason, unless we have a benevolent rich relative to bail us out, we have to sign over everything as collateral including our first born, in blood, on parchment made from the skins of our ancestors.

More and more companies are asking for a handout. Whatever happened to the unregulated market place. What happened to survival of the fittest? I’m being forced to live by those rules. Why not big business and Wall Street? Why do they get to change the rules when they don’t work. Seems to me that if you allow your company to fall into financial ruin, and the workers lose their jobs, then you need to lose your job, your parachute and whatever bonus was promised when you signed on. It’s not fair for CEOs and others to walk away with the money while the workers get furloughed and thrown into bankruptcy. Especially if their back up plan is to ask for taxpayer money to get them out of their self constructed ditch.

Now the auto industry is crying for a handout. I’m in favor of giving it to them, because so much of our economy runs through Detroit. The big three are the major employers. They fund other industries, including our defense industry. Losing any one of the big three would be a catastrophe.

But, they need to give us something, too. If the big three want my money, then they need to build the kind of car that I need. I need a fuel efficient, safe car, that is environmentally friendly like the ones that are manufactured for the overseas markets. The big three also need to return some jobs to America. Let’s manufacture these cars over here, for a change and ship them out, rather than ship them in to the country.

Some of that is actually going on. Half the cars on the road, no matter what the name, are made here. I drive a “foreign” car with a Japanese name that actually rolled off the assembly line in Moraine Ohio between GMC Envoys and Chevy trailblazers. The only difference between my “foreign” car and the Envoy, is the name on the side panel and ten thousand dollars in price. My foreign car had the cheaper price, yet was loaded just like the Envoys and the trailblazers. My car is even roomier than the Trailblazer. Why not cut the price to the American market, too. That Moraine, Ohio plant shut down earlier this year in a cutback move, by the way.

I hope that if and when the government decides to bailout the auto makers, it will get some bang for our buck. Better cars, more jobs with a living wage. Then I would feel better about signing off on these bailouts.
Post a Comment