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Category Archives: Troubled Asset Relief Program

DON’T SEND ME YOUR MONEY

A favorite buzz word running through the 1% of Americans who are a privileged class because, they can afford to buy legislation is, ‘uninformed’ when it comes to to the Wall Street Occupiers.  I have covered this previously but, now I want to inform some of the 1% freely throwing the word around to discredit them.

To the 1% who are uninformed.  I don’t want your money!  It is yours.  Could I use it?  Sure.  I’m not sure how to meet the basic obligations of our household since my wife took a demotion with a big pay cut from her employer because of a disability.  However, that’s my business.  I’m responsible, and must handle it.  In the end, I’ll take care of it.

How you conduct yourself whether it be finances or, otherwise is up to you. It will reflect on your character.  It will show what you are made of, your moral fiber.

We don’t want your money.  What we do want is, the same buying power for our money as you have for yours.  The same breaks within the system.  A fair tax code for all of us.  We want you to have no more, and no less of a break than, anyone else.  We want to have the same access to CONgress as you enjoy through lobbying tactics or, lobbyists should be thrown out, completely.

As employers, I want you to admit to deception.   I want you to admit you need no special favors from the system.  Admit that if the system allowed for equal status for all of us, if there was a correction to the imbalance, you would remain as an employer.  Why would you do that?  You would still be at the top of your income class.

Perhaps, instead of netting an arbitrary profit of $10m/yr., it would only be $5m/yr.  Further, you would employ no more, no less than it takes to get you there, just like you do, now.  You wouldn’t close the doors because as a profitable business person you would still be doing very well.  The difference; You would have to do well because you earn it, not because you can take advantage of the laws you bought.  You have to be good at what you do.

Your lobbying has been successful.  The system is full of breaks for you.  So, why is the ‘battle cry’ from especially the Republicans to the 99%;  ‘Don’t depend on the government, do it yourself!?’  Sounds good and, of course with that, they should have your campaign $upport.  After all, they want us to believe that statement applies only to the 99% when, all the laws, and legislation you have purchased allow you to depend on the government.  Some of you, even got a hefty bonus when TARP funds came in from the government.

The Occupiers on Wall Street are very well informed.  Perhaps the 99% might consider a more worthy donation to Occupy Wall Street, rather than a donation to your highly uninformed ‘fat cat career politician.’ 

Speaker of the House, John Boehner was quite correct when he asserted, ‘this is class warfare.’  For all the wrong reasons, John, you are correct.  It is most certainly class warfare.

 

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NO TARP FUNDS AVAILABLE FOR US

We may be out of money with nobody around to finance our existence until we get back on our feet.

The government’s TARP (Troubled Asset Relief Program) funds for bailout have all but, been exhausted.  Bush started it, Obama continued the bailouts beginning with Banks, and Corporate America.  It also ended with Banks, Insurers and Corporate America.

You, and I paid taxes so TARP Funds could be given to Corporate America enabling their move forward.  They were strapped.  Corporate America couldn’t pay its’ bills, and got relief from the American tax payer.

TARP money was warmly received, and Corporate America became the catalyst for corporate growth overseas.

We are a generous bunch, aren’t we?

General Motors received the most notoriety as they received their portion of the bailout.  There were several other companies including many financial TARP companies .

TARP money was important to continue business in America out of America.  It was necessary for the status-quo.  The status-quo of the upper echelon of each company receiving funds.  The ability to maintain super salaries accompanied by, like bonuses.

True, President Obama tried to put a cap of 500k per executive but, considering the circumstances…that was still a super salary to many people.  The OBama salary cap didn’t stick.

TARP companies spent their money wisely.  The menu for expenditures included lobbying in Washington, boats, and planes.

Many of these companies didn’t even bother to thank the American Taxpayer.

They did, and you didn’t even know it.  They moved vast employment bases overseas, while the lesser skilled American collects unemployment.    Rest assured, upper management maintains its’ watch right here in the USA with full benefits.

This all happened under the watchful eye of CONgress.  Leave CONgress out of this, they were very busy maintaining status as Democrats & Republicans.  You honestly think they have time for the Country?

 
 

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