Burtf51’s Weblog

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Posts Tagged ‘CEO salaries’

Economic Rescue Not Working

Posted by burtf51 on October 27, 2008

Does anyone really understand the working of the economic rescue package? I know the government told us that it was imperative that we bailout…eruh..I mean come to the rescue of our failing economy. Ninety per-cent of the voters didn’t like the idea, but still our congressmen and senators decided that it really didn’t matter whether we liked it or not, they would go ahead with plans to bailout incompetence.

The billions are being dispersed and maybe I missed it…but..I have yet to see where the bailout money is having any effect on the economy. With the exception of the portions of the bailout money that is being given to CEO’s salaries. I guess this money is stimulating and supporting the CEO’s lavish lifestyles. Let’s see..the investment bankers and Wall Street titans have raped Americans and our government is still rewarding incompetence with bailout money.

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