TARP, Jobless Rate, and where is the Bailout for the Regular Guy?

After reading the article on Yahoo!! on 01 Apr., 10 about U.S. Treasury Sec. Timothy Geithner I was reminded of the way I and many others felt when our Gov't started bailing out the financial institutions to the tune of BILLIONS of dollars.

Yet we, the Average Joe got a paltry $250.00. How's that help? It barely would fill a Humvee gas tank.

I make no pretention as to being an Economist, and Heaven help those poor schmucks, but to me it makes more financial sense to let the big institutions and credit bureau's breathe their last, as they failed to do what they were hired and paid to do. That is protect the American public from what happened during the Great Depression. Now that this "Depression" is even greater than that historic one.

The Gov't should have forgiven We The People our debts across the board, which in Biblical times was done after 7 years. This would have immediately improved the economy. Sure it would have killed many banks, credit unions, auto makers/dealers and other businesses worldwide, but at the same time it would have saved many global citizens from illness or death, foreclosure, bankruptcy, and numerous other bills, etc...

This in turn would have ensured that the "Big Guys" would have immediately retuned and rethought their business models and the way they have treated their customers.

Also how is it "good" for our economy to let American businesses take their shops overseas or out of the country where labor is cheaper. Of course then the jobless rate would skyrocket.

Next is, and I know this will rattle some cages, if we cut down on what we import, for example Cars, and we "Buy American" then unemployment will go down and the economy will go up.  How simple can it be?

Now I know it is 'good for business' and Gov't trade negotions to favor certain countries, read Most Favored Nation status, but come on open your eyes Big Gov't.  How do you think we got in this mess?  Simple... by sending our jobs, factories, et al out of the country and allowing other countries to import their goods to us. 

I know we export to them as well and thus that does assist with the economy, but in a disaster of this magnitude we need to be keeping our money, our people, and our jobs in the United States, not exporting them.

Now that the Chinese workers are finally realizing they have been getting a raw deal, http://finance.yahoo.com/news/Companies-brace-for-end-of-apf-2437567795.html?x=0 it is time the U.S. Gov't stops granting foreign companies tax breaks and not to mention other benefits and incentives. Offer those to our homegrown employers to keep their company in the U.S.A.!

Rick Goodwin, a China trade veteran of 22 years, has said, "The new game is to find a way to do the domestic market." Meaning here in the United States.  Let's 'do the domestic market' some good and get those companies back in the United States.

Jon Stewart of "The Daily Show" mocked Frisbee company Wham-O for returning half of the production for Frisbee and production for some other products back to the United States.

I say we should praise and reward Wham-O for returning to the U.S. and bringing jobs along with it. Then perhaps other American companies with production overseas would return to their native soil.

How is it that we have relinquished our freedom and liberty to tell those in positions of authority that we don't like the way they are governing.

Thomas Jefferson said, "When the Government fears the People, there is liberty. When the People fear the Government, there is tyranny." Although I also appreciate the quote from Edmund Dantes in V for Vendetta, "People should not fear their government, the government should fear the people."

We The People should be critical of our government because the government is only interested in maintaining its power, which we in turn stupidly grant it.

A foretaste of a future article begins below.

It depends on who has the weapons. As long as we have the 2nd Amendment the government has to be afraid of the people...citizen or subject...a bullet stands in the way.

The reason our Colonies were able to have a successful break from England was because they had the firepower to do so. The balance of weapons and firearms in the United States is equal to or greater than all the combined U.S. Armed Forces.

Those nations who take the firearms from their masses convince their subjects that they will take care of them in their hour of need. They believe it not realizing the reason the government took the firearms was to remove the threat to their authority.

Mad Doc
Remember *Writing is the socially acceptable form of Schizophrenia*



These two of my favorite sayings in closing.
1) If we fail to anticipate the unforeseen or expect the unexpected in a universe of infinite possibilities, we may find ourselves at the mercy of anyone or anything that cannot be programmed, categorized or easily referenced.

2) "It is the duty of those who CAN see what is going on to expose to those who cannot see, the situation that they are unaware of!"