Wednesday, December 10, 2008

Bail outs

Why is the government debating on this so hard. It's not like they have to. I mean they loan money to other countries like it is the end of the world. The real funny thing it is not our money. Look at it we are borrowing it from China with the intension of paying it back. Ha thats funny borrowing more money from the country that could take us over in a heartbeat, we have every attention of paying it back, but do you really think we will be able to?

Now when our country is needing help we have to think it over and over while the economy is getting worse and worse. Then there is the bail outs for the banks that all they do is push papers day after day. They don't produce anything to help the country. Yes they may provide money to the people to buy stuff. However that is how the whole economical issues began because the banks lent money to people that could not afford it and when their balloon payment came due they could not pay it. I digress. The companies that need to be helped out are those such as the three major auto makers. One because they produce goods for the United States population to use and two their money stays within the United States helping our economy not other every oneelses. Unlike Honda, Toyota, or the Hyundai where all the money goes back over seas.

If the Ford, GM, and Dodge all went bankrupt therefore going over seas the United States would lose a huge amount of industry. Which contrary to people this country can not run just as a service company we need to make things (AKA Industry). With the auto industry being all over seas we would be completely dependent on foreign countries and that is just what some want. Being self reliant on the other countries would give them more reason to take us over. What would stop them if we could not make our own supplies? Just think with this new digital era. We have to either buy a new TV most likely made in China or we can buy a plastic box that is once again probably made in China. But wait we don't have to pay for it because the government will give us coupons for the box. Where did the money come from for those forty dollar coupons? You guessed it China. It looks like to me that China is said an awful lot. Just think of all the jobs that are involved with the factories of Ford, GM, and Dodge here in the US. Hundreds of thousands. Just think of the strain on the economy then. What would we do in this situation? Who knows cause we can not deal with the one we have now. I guess we will let time play its part. It looks like we can barrow money for everything else and for the company's that push papers but we can't barrow it to bail out those that produce a product in the United States and help the United States economy. We would rather pay people to build it a whole lot cheaper in sweat shops. We as the United States citizen need to ask ourselves what shall we do?

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