Klatsch Wants Some Bailout Money?
Everybody seems to be going to Washington to get their "Bailout" money and with Christmas, Hanukkah, Kwanzaa and the New Years holidays coming up our Sullivan County Coffee Klatsch whipped up our usual home made java and baked donuts and digested some of our thoughts about the Congressional Bailouts and wondered if there might be some additional funds out there for us holiday shoppers.
Our non-political group made up of three Democrats, three Republicans and one Independent discussed and then became totally disgusted with the huge bailout that Congress passed for Wall Street banks a number of weeks ago and is now considering a so-called "Rescue Package" for the auto industry.
Several of our members questioned the moves by Congress in light of statistics they heard which said that some 90 percent of Americans were opposed to the Wall Street bank bailout.
We wondered how Congress does things like this when the folks that elect them say no and they ignore what Americans want.
Our Klatsch totally agreed that Congress has ignored us and goes out and spends $850 billion of our money on what is nothing more then a pork-barrel bailout bill which appears to have done not a thing to help the banking crisis.
One of our regular Klatsch members is retired from the banking industry and he remarked that nationalizing banks and forcing company policy is not helping the economy and tends to lead us towards socialism.
Several felt that any company with poor planning and leadership should be left to fail and then start from the ground up and built it up again with new leadership and better planning.
Our Klatsch took a strong position on this issue and said that Congress should say no to any more bailout bills and that our elected officials are not in business for the purpose of using taxpayer money to bail out a failing business.
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