Posts Tagged ‘Bailout’

Sick and Tired!

Tuesday, February 9th, 2010

There is nothing worse than being sick. I take that back. There’s nothing worse than having a sick kid. Well I kind of take that back. There’s nothing worse than having a sick kid and feeling like you can’t take them to the doctor because you don’t have insurance or can’t afford to create a new bill. Honestly I am not sure whether or not universal healthcare is the answer, but I do know in a country where we fund so many things I wonder why there is such a problem with deciding to fund this. One thing I know for sure is healthcare should not be tied to a job. Having a job should not be the key to health and not having one should not mean your health is irrelevant. Particularly at this time when employers are cutting so many workers either to part time which means no benefits or coverage so limited that it might as well be considered no benefits, or all together, something has got to be done. For those who oppose everybody having healthcare my question to you is why are you opposed? Is it due to feeling that people just aren’t worth the expense of everyone having coverage? Or does it have more to do with politics and not wanting to see the President be successful? Is it perhaps because somehow “others” shouldn’t be entitled to benefits that the elite are privileged too (um Congress, I might be talking to you). Irrespective of politics and hey even money, where is the humanity? Most people can’t walk by a sick animal and not want to help, but the underprivileged, unemployed or underinsured, well I guess that’s another story.

“We Got You”

Tuesday, June 30th, 2009

Banks want us to believe that Congress is solely to blame for the increase in credit card rates. Hey banks, just stop. So you’re telling me that the only reason rates are higher is because of the change in laws. Yeah, come on, stop. The number one objective of banks is to get consumers to deposit money or get credit, then keep that money and/or indebt you to them as much and for as long as possible. That’s why they didn’t care when the occasional account was “underperforming”, they would just tack on some fees and smile as individuals figured out a way to pay. Now it’s out of hand because so many people are “underperforming”. Unfortunately for banks, their method of doing business didn’t stand the test of time and the major downturn in the economy. But stop trying to act like increased rates and fees are something new when fees and increased rates are synonymous with banks and credit cards. After all, we do have to pay for those executive bonuses some way. So banks, you are not fooling anybody. The least you could do is at some point exercise a little integrity and tell us, “we admit it, we got you“. Maybe then we might start to respect you again, well, probably not.

AIG, The Sequel

Friday, June 26th, 2009

Okay so it’s not actually AIG this time, it’s Citigroup. To be perfectly honest I am sick of them too. The air of entitlement, and regular flipping of the bird that these companies give and better yet, get away with truly astonishes me. I guess it shouldn’t, but the blatant disrespect that they are able to dish to the public with no repercussions is just ridiculous. Citigroup has been complaining about their ability to hire because of the stipulations that accompany bailout money. So instead of giving obscene bonuses, they will simply give their employees a higher salary, as much as 50%, to offset the reduction. Sounds like a great solution, my question is does this apply to those who are considered more expendable? Oh yeah, silly me, of course not because they’re expendable. They won’t even have jobs. Companies are cutting salaries, cutting positions, taking away benefits but miraculously somehow Citigroup has figured out a way to pay people, who I’m assuming are operational mangers, I guess I could be wrong but I doubt it, what they want, irrespective of any government stipulations and despite the fact most of those who will receive this bump in “salary” were pretty much underperforming. After all, aren’t they supposed to be the experts? How did they get in this mess in the first place, requiring tax payer money? Again I am stating that the way these companies are allowed to do whatever they please has got to be stopped. Particularly when our dollars are giving them the leverage to make these decisions. Enough is simply enough. I would say let’s take our business elsewhere but honestly, I don’t think there is anywhere to go.

Never Satisfied

Monday, June 15th, 2009

Isn’t it annoying when you go out of your way for someone and they seem to never be satisfied? I guess now we should feel sorry for Citigroup that after having received $45 billion in borrowed money that they have no idea when they’ll repay, sidebar, I would really like one of those loans, I’ll get it back to you say, um whenever. But anyway, poor Citigroup can’t hire whoever they want and pay them a ridiculous salary to do whatever since they haven’t paid back their huge bailout. Citigroup my eyes are wailing up because of the sorrow I feel for you. Yeah, not really. I do have a couple of questions for you Citigroup. Are you sure you know who to hire? Didn’t you do that the first go around? Should you really be complaining about that now? And can I get one of those whenever payback loans, I could really use it.