Monday, November 3, 2008

Why There Is No Hope For the "Bailout" Package

My explanation for the failure of the "bailout" law/package is simple, welfare doesn't work. Have we not realized that just giving money to irresponsible people hasn't and won't work. Just look at the bailout/welfare program that the government refuse to change. We have been giving money to people with basically no strings attached for years and not helping them to make better life choices so that they don't need welfare money anymore for their paycheck. Welfare recipients are now dependent on that money. There is no incentive for them to actually go out and get a job or to stop having kids so that they can get more money each month. The same thing is now happening with the various financial institutions throughout the country. They are all now making claims for why they deserve the free money. There are no restrictions on the money that is being handed out. There is no incentive or reason for these companies to change there ways and do what needs to be done to get themselves out of the hole they put themselves into. AIG is having another retreat here in Arizona for there people. The resort is saying that the room bill will be something like $200,000 or more. I am sorry but this is the 21st century use a new invention called a telephone or even a little fancier, video conferencing, to "train" your employees to lose more money. Just look at GM they were bailed out once and now they want to be bailed out again. They haven't changed their business practice at all to make sure they don't need any assistance, they have become reliant on the government to come in every time they are stupid and give them money. Instead of being like Toyota and making cars that are good and what people want they just sat back and relied on old people to buy the newest model of what they have been driving for years.
On a similar venting topic, why spreading the wealth is also a bad idea. Don't get me wrong I think everyone should have the basics of life but not if it means I have to work harder so that others don't. My favorite bumper sticker that I saw in Kansas was "Work harder, welfare people depend on it". We need to start changing our mentality from handout society to one that has a proven track record of success, helping hand. Think of it this way if we are spreading the wealth and just giving away services then the law of gravity takes affect and people can climb out of there current problems. Instead if we gave people a hand by educating and training them to be self sustaining then we can bring them up out of their situation instead of them dragging the ones that have had success down. We are always talking now about building more sustainable buildings, well not help make people more sustainable as well. Lifting people up the ladder to were you are is safer than climbing down.