Surprise Surprise! Our federal regulators said today that we Americans are unworthy to receive any help with our credit card debt. The regulators shot down a debt forgiveness plan that may have allowed creditors to offset the losses over the course of several years. Why is our government not on board with this?
If Americans are defaulting on their credit cards then the check is not in the mail! For once it seems the credit card industry is trying to help the consumer. They did not ask for billions of dollars like the auto industry has. Not yet anyway. The truth is we need to take a closer look at the credit crisis by asking the question “What do citizens do if they just can not pay?”
In the same breath…..are we really about to write a check for billions for the auto industry? Our lawmakers have practiced the policy of lumping citizens together in a few categories. You are either in a union or not in a union, rich or poor, and or slated in some type of racial category. Let’s try to ignore that the UAW is a union and they claim to help their members. I forgot …we can’t….we see them raise their union banner in pride and hope that all Americans will understand how hard it is to live off of $39.68 per hr. The credit crisis affects ALL Americans not just the unionized auto industry. The fact is that the auto industry is and has been a failing industry. The supply chain companies that piggy back off of the auto makers may want to find a new why to survive in this not so new anymore global economy.
Obama has promised change, he told us we can not continue our current energy policy. Let’s find new ways to promote efficient transportation. We do not do this by giving money to an antiquated industry that has bloated into an inefficient organization that has lost control of its accountability and has refused to give us a useful product for future use. Why Obama are you on board with this? Let the industry fall so the truly efficient companies and rise to the occasion and give us Americans a product that will fit us in the future to come. I guess our elected officials are between a rock in a hard place……do they let the UAW and GM take a major blow and lose union voter support because people are no longer financing $50,0000 SUVs made in USA……..or do they begin the process of moving away from campaign promises and not promoting real and lasting change.
I understand there are many holes in my stated opinion. However, the fact is we can not continue to bail out failing companies because we can not afford it. Many Americans can not even afford to pay attention.
The Democrats are supposed to be for the middle-class. HELP US OUT OF CREDIT CARD DEBT! DO NOT PROMOTE THE AUTO INDUSTRY AND THEIR SCANDALOUS PRACTICES! WE ALL HAVE BEEN TO A CAR DEALERSHIP…. AND IT’S SHADY….FROM THE UAW ….TO GM MANAGEMENT…..TO THE LITTLE WEASLE TRYING TO GET YOU FINANCED BY GMAC. F-EM.
If Americans are defaulting on their credit cards then the check is not in the mail! For once it seems the credit card industry is trying to help the consumer. They did not ask for billions of dollars like the auto industry has. Not yet anyway. The truth is we need to take a closer look at the credit crisis by asking the question “What do citizens do if they just can not pay?”
In the same breath…..are we really about to write a check for billions for the auto industry? Our lawmakers have practiced the policy of lumping citizens together in a few categories. You are either in a union or not in a union, rich or poor, and or slated in some type of racial category. Let’s try to ignore that the UAW is a union and they claim to help their members. I forgot …we can’t….we see them raise their union banner in pride and hope that all Americans will understand how hard it is to live off of $39.68 per hr. The credit crisis affects ALL Americans not just the unionized auto industry. The fact is that the auto industry is and has been a failing industry. The supply chain companies that piggy back off of the auto makers may want to find a new why to survive in this not so new anymore global economy.
Obama has promised change, he told us we can not continue our current energy policy. Let’s find new ways to promote efficient transportation. We do not do this by giving money to an antiquated industry that has bloated into an inefficient organization that has lost control of its accountability and has refused to give us a useful product for future use. Why Obama are you on board with this? Let the industry fall so the truly efficient companies and rise to the occasion and give us Americans a product that will fit us in the future to come. I guess our elected officials are between a rock in a hard place……do they let the UAW and GM take a major blow and lose union voter support because people are no longer financing $50,0000 SUVs made in USA……..or do they begin the process of moving away from campaign promises and not promoting real and lasting change.
I understand there are many holes in my stated opinion. However, the fact is we can not continue to bail out failing companies because we can not afford it. Many Americans can not even afford to pay attention.
The Democrats are supposed to be for the middle-class. HELP US OUT OF CREDIT CARD DEBT! DO NOT PROMOTE THE AUTO INDUSTRY AND THEIR SCANDALOUS PRACTICES! WE ALL HAVE BEEN TO A CAR DEALERSHIP…. AND IT’S SHADY….FROM THE UAW ….TO GM MANAGEMENT…..TO THE LITTLE WEASLE TRYING TO GET YOU FINANCED BY GMAC. F-EM.
No comments:
Post a Comment