Sunday, November 23, 2008

$25billion for the automakers??


I Was reading an article just a few minutes ago (browser crashed before I could save the link) that discussed whether the government should help out the big 3 automakers, bail them out....



Here's a thought though, Instead of spending $25billion, to bail out these automakers that already make millions of dollars in profits (well, maybe right now they're not, they need this money so they can go back to making millions) why not spend just a fraction of that, to assist the citizens of the country....

I'm sure the total credit card debts that people have right now, that they're having trouble paying due to the poor economy, is far less then $25billion dollars... the population of North America is approximately 514 million people, I'm SURE people's credit card debts aren't a million dollars, well into the thousands maybe, but no where near a million....
So using even $1Billion of that $25billion that they would be giving to the automakers, use that to help out the people of the country...as a good will gesture (a Christmas present if you will) would do way more long term for the country, with people no longer having to worry about there debts, having to scrape together money to pay debts they have, then pay bills and feed there families.... Would really be a morale booster for the entire continent (as I'm using the 514million number to mean all of North America) with people now having money for savings, they can move on with working towards there futures without the stresses they had...

Perhaps also go a little further? earmark $2 billion for persons that are well behind on there mortgages, in danger of losing there homes and ending up on the streets.....

This economic turmoil has been brutal on business, especially "the little guy" those businesses open long hours, working hard to serve the customers, and at the end of the month, barely getting by with just enough business to pay the bills and employee wages... some not being able to last longer then a few months because of it... While you'll see other businesses, some that have been open for 30-50 years, some even more, going under because they can no longer survive due to rising operating costs and with people not having money to spend, business is obviously going to be slow, especially during this holiday season, that so many businesses depend on for more sales to keep them going until next year... these businesses that have been mainstays in communities are going under.... how about $3billion towards assisting small businesses...

Finally, $1millon, spread out as a gift to all 514million (equals $1,945.52 each) people living on this great continent...to truly make these holidays, happy.......

Why not do this instead of handing over a blank cheque of $25billion to the "Big 3" to keep them going so they can continue to make there millions...

But then... an idea like this only makes sense right? and its better to take care of the big guys, make sure they're happy and keep them going, and leave the little guys to fend for themselves... so it's not an idea that would become a reality right? a government that cares for the citizens that elect them rather then the big businesses that line there pockets... naaaah... can't happen right?

Give me your thoughts on this...

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