My view on the economy

My view on the economy is that the media needs to keep out of it. To me is seems that the media likes to keep things in an uproar so they like to over-exaggerate things. I'm not saying that things are not bad, but sometimes the media creates chaos. I also feel that our stock market was so overinflated that it had to regulate itself. We could not go at the growth rate that we were without repercussions.

I also think that high executives over-inflated stock prices to make more money. I'm not really seeing a difference between what the executives at Enron did and the top execs of the companies that are failing today did. Personally I feel that these execs stole from their stock holders and their employees, and now they are stealing money from the American people by taking tax payer money and still paying outrageous bonuses to retain these "quality" people that have run the companies in the ground. I have never heard of rewarding a person for not doing there job. If I own a company and an employee doesn't do their job they lose their job, they sure as heck don't get a raise and bonus.

Also, I don't think that the government should have stepped in when they did. If they would have let the first company go down, no other company would have even hinted at the possibility of failing. This is a country of free enterprise, not government controlled companies. Right now the government has too much say so and control over private companies. Also I don't think that to keep throwing money into these companies especially without very strict rules as to what the CEO's can do with the money, which should have been not to pay ANY bonuses, as well as cutting top pay and expenses, not cutting lower jobs, was not a smart idea. The government, although may be well intended, but to me they are going about it backwards. They cannot try to keep the life boat floating with a small band-aid when in fact it needs a full body cast. The way to get our economy growing again is to have more people working, which means to create more jobs, in turn, that means that we as a country needs to actually make products. We cannot be a service country and not make products. If the government wants to give money and incentives to American companies it needs to be for companies that make products in THIS country, not one that imports its products. I think that what we have done to future generations is outrageous.

If you are reading this then you must want to read my thoughts and I hope that you understand why I feel the way that I do. Also help support America and buy American and buy local, if the government can't stimulate our economy then it is up to us as Americans to take our country back and grow it ourselves.

OK HERE IS MY TAKE ON A MAJOR PART OF THE FINANCIAL CRISIS IN THIS COUNTRY RIGHT NOW. THERE ARE TOO MANY PEOPLE WITHOUT JOBS AND TOO MANY COMPANIES STILL LEAVING. IN THE SMALL TOWN I WORK IN ONE OF THE MAJOR EMPLOYERS THAT HAS BEEN AROUND FOR YEARS IS CLOSING AND 175 PEOPLE ARE OUT OF WORK. WELL GUESS WHAT THEY WILL NO LONGER BE PAYING TAXES, WHICH I THINK IS HIGHWAY ROBBERY ANYWAYS. WITH ALL OF THE PEOPLE THAT LAVE BEEN "LAID-OFF"-MEANING COMPANIES WENT OVERSEAS TO MAKE MORE PROFIT OFF OF THOSE WHO HELPED THE COMPANY GROW AND THRIVE, YET GUESS WHAT THOSE SAME PEOPLE ARE NO LONGER GOING TO BE ABLE TO BUY THESE PRODUCTS BECAUSE THE GREEDY HIGHER UP'S PUT THEM OUT OF WORK. IF WE STOP IMPORTING THE THINGS THAT COULD BE MADE IN THIS COUNTRY AND PUT AMERICAN'S BACK TO WORK, GUESS WHAT THAT WOULD CREATE REVENUE AND MORE TAXES WOULD BE PAID, THEN WE COULD ACTUALLY PAY OFF THE INTERNATIONAL DEBT AND THIS COUNTRY WOULD BE SELF-SUFFICIENT. I ALSO DO NOT THINK THATCEO'S SHOULD MAKE THE MILLIONS THAT THEY DO AND GET SEVERANCE PACKAGES THAT ARE WORTH MORE THAN THE COST OF A SMALL COUNTRY. IT ALSO SEEMS LIKE THAT THE MORE THE CEO MAKES THE WORSE OFF THE COMPANY IS, I WONDER WHY? THE HIGHER-UPS ARE THE ONES RUINING THE COMPANIES THAT WERE ONCE THRIVING AND A VIABLE PART OF THE COUNTRY. I DON'T KNOW HOW THEY SLEEP AT NIGHT, KNOWING THAT THEY ARE SO GREEDY THAT THEY ARE THE CAUSE OF 100'S OF PEOPLE LOSING NOT ONLY THEIR JOBS, BUT ALSO IN MANY CASES THEIR LIFE SAVINGS AND EVERYTHING THAT THEY HAVE WORKED SO HARD TO HAVE.

ALSO PERSONALLY I THINK THAT GOVERNMENT IS GETTING THEIR HANDS IN TOO MUCH OF THE PRIVATE SECTOR. WHICH BEFORE LONG THEY WILL BE IN EVERYTHING AND THERE GOES FREE ENTERPRISE AND OUR DEMOCRATIC SOCIETY.

ALSO, WITH THE AVERAGE SALARY IN THE US BEING AROUND 36000, WHICH I DON'T KNOW TOO MANY PEOPLE WHO MAKE THAT, BUT I THINK THAT IT IS CRAZY THAT THE ELECTED OFFICIALS ARE MAKING OVER 160,000 PER YEAR, PLUS HEALTH CARE AND OTHER BENIFITS. I'M SORRY BUT I THINK THEY NEED A PAY CUT. ALSO I DON'T THINK IT IS RIGHT FOR THEM TO BE ABLE TO VOTE THEMSELVES A PAY RAISE OR GET LIFETIME BENIFITS.

THE WELFARE SYSTEM NEEDS TO BE REVAMPED. I KNOW PEOPLE NEED HELP, BUT THERE COMES A TIME WHEN YOU HAVE TO STAND ON YOUR OWN AND TAKE CARE OF YOURSELF. TOO MANY PEOPLE HAVE BECOME TOO RELIANT ON THE GOVERNMENT TO TAKE CARE OF THEM, BUT IF WE BROUGHT JOBS BACK FROM OVERSEAS AND PUT PEOPLE TO WORK THEN THEY WOULDN'T NEED THE HELP.

IT IS NOT OUR JOB TO DEVELOPE OTHER NATIONS BY BANKRUPTING OUR OWN. I KNOW THAT PROBABLE SOUNDS COLD. THAT IS EXACTLY WHERE WE ARE HEADED. WHEN I WAS IN COLLEGE ALL I HERAD WAS THAT TECHNOLOGY WAS THE NEW WAY FOR THE AMERICAN PEOPLE TO MAKE A LIVING, IN THEROY MAYBE, BUT WHEN YOU HAVE NOTHING TO SELL, NO GOODS AT ALL THE ECONOMY CANNOT SURVIVE. YOU CANNOT IMPORT MORE THAN YOU EXPORT AND REMAIN A STRONG NATION AND A SUCCESSFUL NATION. BUT WHAT GETS EVEN WORSE IS THAT WE ARE IMPORTING OUR SERVICE WORK ALSO, IT IS REDICULIOUS THAT A CALL CENTER FOR AN AMERICAN COMPANY WITH A CALL MADE WITHIN THE UNITED STATES IS NOT ANSWERED IN THE US. THERE ARE SO MANY THINGS THAT ARE NOT RIGHT, BUT COULD CHANGE IN AN INSTANT. EVERYONE NEEDS TO STAND UP AND MAKE WASHINGTON LISTEN, WE NEED TO BRING JOBS BACK HOME.