Bail Me Out

So we have already had the $700 billion dollar buy out of the banks. Now the top 3 car companies are wanting a bailout of their own as well. The car companies only want the money because they don't like having to have private liquidators come in and sell their cars at wholesale, instead of making their big profits off retail. Boo hoo.

If this car bailout happens, this allows the companies to remain selling their cars, trucks and SUV's at the standard high prices of retail, with no benefit to the consumer. The recession has put a lock down on the average American household, making it hard enough to update their cars if and when their present one breaks down. Now the car companies just want to make their money instead of possibly catering to the needs of the people, reduce their prices, get a massive influx of customers purchasing cars, and continue to make their profits. Can't have that now can we? It just makes too much sense.

How about instead of bailing out these upper .3%, rich, overpaid people, you bailout the people? Give us the money so we can pay off our loans and car needs. Bailing out the companies does nothing for the economy, since the common people are not spending money. If the people don't spend money, the economy continues to sink. Pandering to these rich companies so they don't go belly up, just keeps their prices high, thus keeping the people from buying anything.

We need the money. We are the ones that are broke. The ones receiving the bailouts, already have millions upon millions of dollars safely secured in their bank accounts. They are not hurting. Their business may be, but not their wallets. If they go belly up, guess what? They still have millions of dollars to sleep on every night for the rest of their lives, their kids lives, and in some cases their great grandchildrens lives.

Stop giving handouts to the rich, when we are the ones that broke ourselves making them rich. We are the ones that deserve the $700 billion dollar buyout.