It's been weeks since the controversy, and i'd like to put in my two cents on the whole thing.
All-in-all, it goes like this:
Some idiot CEO's decided to screw over they're banks and spend all the money and generally cause chaos with bad mortgages and loans and whatnot. They lost all their money, and all of their employees money and all of their investors money. In doing all of this the banks fail and people are generally pissed.
Then, the government steps in. They say "Well, you screwed over almost the entire country, or at least a large amount of people, but we're gonna give you hundreds of billions of dollars to fix your banks." Now, let me reiterate this, they gave billions upon billions of dollars to a group of CEO's who were KNOWN to be corrupt.
Then, these CEO's went and spent the money... on things other than fixing their banks, such as parties and other such things.
Now, many people like to blame the CEO's here, and yes, they did screw over their companies and waste away more money than i would ever make in a thousand lifetimes. However, the government gave them all that money to "rebuild" their banks. they GAVE billions of dollars to CORRUPT CEO's and expected them to use it correctly.
Seriously... I mean, Bush wasn't the sharpest tool in the shed... but seriously? congress and the senate both approved it and were ok with it. so... 100 seats in the senate and 400 some in the house... that's over 500 retards!!! C'mon... yes, the CEO's are jackasses, but the government is just as at fault for the second wasting of billions of dollars. I'm sorry, but the government is just as at fault, they gave them the money to waste.
It was really just a bad move by the government, and now they're using it to bring down harsher laws on CEO's and business owners who are good people just trying to make a buck.
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
4/03/2009
2/19/2009
Buisness and State
There's something I'd like to see of the country. Now, there is supposed to be a separation of church and state. There is, of course a raging debate as to whether that is the case, or, in some people's eyes, whether that is really necessary. That however, is not what I want to talk about.
I want to talk about another separation that should exist. This is a separation of business and the government. Why, you ask? Well, let me tell you.
I feel that businesses need to take their hand out of the government. The amount of lobbyists in Washington is astounding. I mean, all those business, and for that matter non-profit groups, are constantly buying and selling politicians (who I should mention now, are all evil, every single one of them) like candy.
This make the already corruption-prone politicians side with whoever is willing to pay them most, and therefore don't give a damn about what us people think. They only care about whatever will make them the most money.
Now, there are those that would say that this is a side-effect of the free-market capitalist system. Those people are dolts. This is a symptom of a government becoming too powerful for it's own good. Were companies of any size to exist without gov't involvement, they would be forced to produce thins that people want, else they would not make any money. However, with the gov't giving so much money (such as in the form of bailouts) to companies, they no longer need to produce goods that are wanted by the consumer, and can therefore do things that would be considered corrupt. Basically, what I am trying to say is that, businesses wouldn't have to please the government, and therefore would be forced to please the consumer.
Now, I'm well aware that this is idealistic, because there are some business owners out there who are dicks, and make up profits and steal money form their own company and do other such things that most business men wouldn't do because it is morally wrong and will eventually come back to destroy their company. However, I believe, that most business owners would not do this, regardless of the success of their business, because most have been working on building their business too damn hard to ruin it.
And I believe this is where I finish, because I could go on abotu how someone who inherits a business if far more likly to screw it up than the person who built it, but that's another rant.
Until our next adventure space cadets,
Capt. Arthur M. Piggins Jr. IV
I want to talk about another separation that should exist. This is a separation of business and the government. Why, you ask? Well, let me tell you.
I feel that businesses need to take their hand out of the government. The amount of lobbyists in Washington is astounding. I mean, all those business, and for that matter non-profit groups, are constantly buying and selling politicians (who I should mention now, are all evil, every single one of them) like candy.
This make the already corruption-prone politicians side with whoever is willing to pay them most, and therefore don't give a damn about what us people think. They only care about whatever will make them the most money.
Now, there are those that would say that this is a side-effect of the free-market capitalist system. Those people are dolts. This is a symptom of a government becoming too powerful for it's own good. Were companies of any size to exist without gov't involvement, they would be forced to produce thins that people want, else they would not make any money. However, with the gov't giving so much money (such as in the form of bailouts) to companies, they no longer need to produce goods that are wanted by the consumer, and can therefore do things that would be considered corrupt. Basically, what I am trying to say is that, businesses wouldn't have to please the government, and therefore would be forced to please the consumer.
Now, I'm well aware that this is idealistic, because there are some business owners out there who are dicks, and make up profits and steal money form their own company and do other such things that most business men wouldn't do because it is morally wrong and will eventually come back to destroy their company. However, I believe, that most business owners would not do this, regardless of the success of their business, because most have been working on building their business too damn hard to ruin it.
And I believe this is where I finish, because I could go on abotu how someone who inherits a business if far more likly to screw it up than the person who built it, but that's another rant.
Until our next adventure space cadets,
Capt. Arthur M. Piggins Jr. IV
Subscribe to:
Posts (Atom)
