There is an issue with layoffs across the country. They take many forms, extending from small business owners laying off their management staff in order to run the business themselves AGAIN (Gee, what a shame), all the way up to car manufacturers' ripple effect in having dealerships close. There won't be anything government can do about it. This is the Bush White House and their answer is to 'do nothing,' so there in lies the problem.
Let's face it, the directive of CORPORATE America is to abandon the country and its labor and to move to other countries and their cheap labor markets while sucking the life out of the USA economy.
Well, they have done exactly that. Along with their corporate operations they have also taken away the tax base of the USA and have nearly trashed the fiscal stability of the USA along with it.
It is unpredictable at this point to realize the extent of the damage done by the Republican initiative to undermine the labor force of the USA to facilitate greater profits for stockholders, but, considering there are a lot of foreign companies engaged in the USA and seeking to stabilize themselves, they'll be abandoning their operations here as it costs more to operate here (click on title to entry, thank you).
The House and Senate need to return jobs to the USA economy, they need to stand their ground and demand for a return to the job market, ultimately the tax base of the USA. Everyone wants the 'bailout' for their own purpose, but, the companies receiving them are so short sighted they can't even see the 'best way forward.' The 'bailout' monies are being used for 'short term' deficit within these corporations, they aren't looking at 'long view' stability of ANY country, much less the ones that are offering 'give aways' as an attempt to end the Wall Street Crisis.
Well, there is another crisis that has to be addressed. A bigger crisis than Wall Street has and that is the MAIN STREET CRISIS. Without stabilizing that crisis first, there is no need to stabilize Wall Street.
Offering 'free money' to corporations without understanding where that money is going and how it will 'pay off' any bailout is hideous and abusive use of government. Corporations are forced to file 'plans' of payment when they declare bankruptcy. They are forced to become more efficient. They are demanded by courts of law to become accountable. Without having a government representative on every Board of Directors of every company in trouble there is only one way to know how any bailout will be successful and that is through judicial monitoring of a bankruptcy.
I think every American would like to see some loyality to the people of this country by corporations that have a long standing history with this country, however, I also believe every American knows that we cannot blindly look the other way to government 'hand outs' while American jobs (THAT WAS AMERICAN JOBS) are outsourced. The American workforces have made these companies among the strongest and greatest in the world. We can do it again with or without them. Yes, we can !
The moral responsiblity we have to our children and their well being is far greater than any loyality to corporations that are unwilling to provide products we demand to that goal.
