I'm thinking the no bail-out is a good thing, especially since the CEO's don't have the economical sense not to fly in their private jets when they are begging for money.
So if we were to bail the big boys out, and they continue to pay workers, use their personal jets, and make cars-I ask- just who will buy these cars? Most of us can't afford to pay cash, and forget credit cause the banks are still holding tight to their money. Oh wait a minute-make that the banks are holding tight to the government money which is in essence, the tax payers' money. So....how long will the bail out help them, maybe a couple of months? Glad that didn't happen.
I am still thinking of getting a CEO position as I too can be greedy, and stupid if I put my mind to it.
Thursday, November 20, 2008
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