Taos Real Estate / 866-758-5151

Over 30 Years of Real Estate Experience in Taos
Welcome to Taos Real Estate / 866-758-5151 Sign in | Help

AFFECTING CHANGE: Bailout Effect

AFFECTING CHANGE: Bailout Effect

 Times may be a changing and “We the People” can drive this bus if we choose to do so.
With the elections over and the uncertainty resolved, we as a nation may see some changes in our future. The democratic process indeed seemed to work in this election.  However our president elect has his work cut out for him, yet we can affect change if each and every one of us gets involved. 

President Bush has an all time low for approval ratings. In fact if what I read is true, no president of the US has ever had a lower one.  However I read somewhere recently that the House and the Senate’s approval ratings are even lower. With that said, now is the time to email, call, or write your senators and congressmen and women and tell them what you think. We need to be relentless with our emails and phone calls.  Tell them you are tired of them playing politics and bowing to the special interests.  We need bipartisan decisions to act on behalf “of the people and for the people”.  We need Washington to stop rewarding grossly high paid CEO’s while their companies are going down the tubes.

There are many ideas on what needs to happen.  Personally, I was not a big fan of the $800 billion bail out package that was passed in October.  I think it had many flaws not to mention the pork that was thrown in at the eleventh hour. It was rushed to pass and poorly thought out.  Everyone is against bonuses paid to CEOs of these troubled companies.  I think that these CEO’s should get paid minimum wage until they can get their companies back on track and pay the tax payers back for the favorable terms and conditions that have been offered them. We need to demand complete transparency on how the money will be used, how it is paid out, and the terms and conditions of how it will be paid back.  Any prudent lender would require this and not make any loans without it.  The financial institutions that are still standing are doing so because of these simple and prudent loan practices. We need to demand nothing less of our government. 

The people have spoken and their voices are being heard. I encourage you to write or call your people in Washington and let them know your thoughts and ideas. Don’t back down until they get the message.  Now is the time for your voices to be heard.

~doug

Published Monday, November 17, 2008 1:51 PM by Doug and Nancy Bachtel

Comments

No Comments
Anonymous comments are disabled

This Blog

Syndication

Tags

No tags have been created or used yet.