Here is a thought. When I buy auto insurance if I use a broker or agent I pay a mark up for this service because there is a middle man there taking my money taking his share with a mark up and connecting the line to my insurance provider. Now if I take the same amount of money and contact the insurance provider myself than I will save the difference of the middle man mark up which in turn will free money up for me to spend else where.
Would it not be more beneficial for the government to release funds in the form of payment vouchers or coupons for a automobile payment or house payment or as a renter voucher to use toward rent or utilities. I am sure this money would be reinvested in to the homes in the form of remodeling or paying off automobiles and spent at retailers which would help the over all economy. It is a prov-en fact that when our necessities are paid we will spend money to increase value in our homes or autos or daily living. I believe we have prov-en we can not give the next round of bailout to the same kids we did before because they played the middle man and took their cuts before the ink dried.
If the Treasury Department could find it in their big green hearts to remember our spending formed most of these financial corporations and if they can cut out the middle man we will still reinvest to keep the arterial flow of financing alive in this country. As for the CE O's that have found it fitting to use the me first application of this first round of bailout money I would say yes they should be capped for a minimum of two years as a penalty for miss handling this money. Others should be put on notice that immediately they along with their board of directors have to provide a detailed invoice of where the remaining monies are going.
All of us are being affected in one way or another by the down turn in the economy. Werther it is reductions in staff to pay raise freeze to a complete shut down of business. For our government this would be a great time to implicate some stipulations to this second go around of bailout. If not the government might want to look into the worlds largest life raft. If you deal directly with the source than we will not have to worry about the corporate jets along with the remodeling of CEO office's.
Published by Randy Jones
Randy has always enjoyed writing as an expression of one s ability to confront or express opinions or views. As a new Author he has just finished his first Christian book (A Small Path to the Light) and is c... View profile
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