Showing posts with label stimus package. Show all posts
Showing posts with label stimus package. Show all posts

Thursday, April 23, 2009

bank bailout

The Federal Government bailout of the banking industry has sure been great news since the trouble began. We have gone all the way from our hard earned tax money paying large bonuses to managers and employees who helped cause the problem to now paying for lobbyists in Washington.All this so that these same managers and employees don't have following the rules set forth concerning the amount of pay they can get as their company continues to receive our tax money. This makes "perfect sense" that they take the government money and then pay another to fight against the same government that gave them the money. Maybe they figure they are helping to stimulate the economy by spending. I would like to know what management class in college teaches that principle. How much longer are we the American people going to stand by and let our hard earned money be spent in this manner?

Unemployment Numbers

Week after week the new unemployment numbers are remaining high. They say we now have a total of 6.1 million people in the US collecting unemployment. They are watching this number closely because history shows that when weekly numbers start to decline it is 6 to 10 weeks before the end of the recession. So far the number has not declined. This weeks number was higher than expected. What has happened to the $787 billion stimus package that was to "save or create" 3.5 million jobs. The numbers are not showing that it is working. When will we start to see progress in the proper direction?