Wednesday, December 3, 2008
Economic Crisis?
Some Auto CEO's agreed to reduce their salary for the year to $1 dollar if bailed out. A whole year? Wow, that's a sacrifice. Not only should these CEO'S take a pay cut for say, the next decade, but they should also be required to dig into their deep pockets and help out those employees that they laid off pay their mortgage and put food on the table for their families. I'm glad Congress isn't jumping at the opportunity to help out these CEO's because as long as they can afford to live in multi-million dollar mansions and continue living their lavish lives, they do not deserve help from the government. Who congress should be giving bailouts to is those who are being foreclosed on their homes, and losing one job after the next. If the government has so much money to give to massive companies, why is it that some people cannot even afford to go school or provide for their families?
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