Should the Bailout Packages, Stimulus Packages benefit just the Financial Institutions, or Forclosure Victims
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Posted By: David Gibson sr on November 25, 2008 Everyone has a position, an opinion on who the Government should be trying to help in this Financial Catastrophy. Yes, it is just that. If you haven't realized the significance of this Financial Sunami, its only because it hasn't hit you personally yet, or someone close to you. And it hasn't reached rock bottom yet either. If something isn't done, and done quickly ( by the next quarter). You're going to see multiple businesses closing, job losses daily in the thousands, and major panic around the country. Sorry for the reality check, but someone has to say it. And the Government will have you believe everything is going to be okay. Unless the Obama Administration takes some Bold and out of the Box steps to jump stop the economy. So What should be done? I think the current focus is one sided and typical of an Administration that is taking its last opportunity to drown the middle class into more Debt, and Loss equity, and to reward those that put Bush in office in the first place. And we know who they are. I would go as far as saying, that this whole Financial Catastrophy was planned, orchestrated, and implemented by an Administration with no regard for a segment of the population that neither voted for the Party in Power or has benefited from the Party in office over the last eight years. You have to wonder, how all these Ivy League CEO's, Financial Gurus, never saw this coming. Or better still, never thought that there actions or inactions would cause such a financial melt-down. Some did see it coming, and are profiting from this Sunami of a financial mess. I write this, because my hope is that my audience will think about whats happening, and prepare for what could happen. I pray that my people, will wise up and take there rightful place. Start moving toward being a producer, and less of being just a consumer. Own a business, and patronize each other. Create a culture of buying from one another! We have to change! This is the time to change. We voted on a Man that ran for President on Change. So lets do it! If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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David Gibson sr
From West Palm Beach, FL Florida A&M University class of 1975 Member Since May 2006 |
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Both!
Tuesday, February 24th 2009 at 1:47PM |
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