Tag Archives: pork

700 Billion Dollars

With 700 billion dollars, you could give everyone on the planet $100, which is more than a sizable percentage of them will make this year.

With 700 billion dollars, you could give every citizen of the United States $2000 – of course, it sort of works the other way around, doesn’t it? We’re the ones that will be giving the $2000 to foot the bill for this.

Instead, for 700 billion dollars, we are rewarding companies that were mismanaged. Which means, I presume, that a very small number of already-absurdly-wealthy old white guys will be made even wealthier. And I will still be left trying to make ends meet every month.

I’m sure there’s a huge amount about this that I don’t understand, but what I do understand is that I am being asked to pay for irresponsible management of huge companies, and I also understand that this is not capitalism. This is corporate welfare. This is a handout. And it’s a bunch of wealthy people in government rewarding themselves, propping up their own portfolios, and rewarding their buddies on wall street, completely without regard for those of us who foot the bill.

It makes me sick.