A Recurring Nightmare

I understand there are many people who want free government checks, and others who think the new president owes them a job and a living, even though they’ve done little to earn them. But, what about those people who get up early for work and go home late? Those who started at the bottom and worked their way up, who took the knocks and kept getting to their feet as their government did less and less to help them? Don’t they have a right to expect more from their government? It’s like, “O.K., guys, I’ll work my tail off here while you go to the Capitol and keep things safe.” But, they didn’t!

Pigs In A Blanket

While senators and representatives, all of whom emerge from their careers handsomely wealthy, now hang around Washington getting together for lunch, skipping meetings, approving jobs overseas, and taking their families on luxurious vacations, the average taxpayer puts in the work and foolishly does it with trust. I believe the Congress went lightly on those at fault in the business world because they were and still are in bed together. They pose for the cameras and pretend to scold the automakers and the bankers while they are driving their cars at a discount, and making enormous profits from their investments.

Where do we look for hope? The government has people like Rep. Barney Frank, who is now attempting to put things back together. This pillar of justice told the American people weeks before the collapse of Freddie Mac and Fannie Mae that they were safe, strong investments going forward. He still has a job! In fact, he’s in the middle of the bailout plan! Isn’t this an example of absolute hypocrisy? Who gave the prison’s keys to the inmates? Where’s the warden, for crying out loud?

A Proposal

Let’s suppose we impose a mandatory, one-year Washington vacation for Congress without pay, and bring in real people–like the NFL did in 1982-83 during the players’ strike. Young players and those older ones who thought they had some good games left strapped on the gear, and gave us great entertainment for many weeks of that season, while the millionaire pros sat at home. And some great, undiscovered athletes were found too. Former refrigerator-loading dock guys became offensive linemen, and the games were true blood and guts. When the pros saw regular people doing their jobs and, in many cases doing them better, they settled in a hurry, and began earning those dollars again without complaints.

Let’s do that in Washington. Send someone who owes nobody, and let him or her get real answers, ask real questions, and be fearless! Remember, folks, the one to fear is the one with nothing to lose. That’s most of us right now. I have no faith in our current leadership. Our new president has yet to prove himself, so he is exempt, but I see everyone on the Hill as similar to the disreputable Illinois governor who looks the camera in the eye with defiance, while using the “F” word in every other breath on his candid, private phone calls. He is so oblivious to his own downfall, so blinded by his own folly that he carries on with his work as if nothing has happened. Why do we suffer these fools?

No Sunny Side

As proof positive that no one is really working on our problems, note how the public is unaware how the first billions of the bailout are being spent. Then the government says, “Hey, America, the Fed has lowered interest rates–refinance your home! See how we did that for you?”

My answer is, “Too little, too late, boys and girls. Everyone who would have done that has lost so much equity in their home that they don’t have enough cash to refinance, you dopes!” That program is two years late!

Will someone wake up and see what’s going on here? We need real help.

If the government wants to make a difference, take everyone’s credit-card debt and drop a zero. If you owe $12,000 today, tomorrow you owe $1,200. How about that?

Let’s just say it is justice given for our government letting those same companies charge 28-percent interest for decades and never holding them in check. And letting those same companies offer cards to high school and college students who may be legally adults but are actually kids with rights they have no idea how to use. They go on a $2,000 spending spree, and then turn to their parents to find out how to pay the darn thing off.

Does the “drop-a-zero” idea seem too extreme?

How about a zero-percent APR loan for all unsecured debt, a one-time shot to put all of that messy debt in one place and realistically approach paying it off?

Is the government afraid that it actually might work? Is that why it pauses, or is it not enough profit to grease all of the palms in the loop? We need something real, something now.

Page 2 of 3 | Previous page | Next page

Related posts:

  1. Build Together–Before We Fall Apart
  2. Who is John Galt?
  3. Misery Loves Company
  4. Where The Rubber Meets The Road
  5. A Stereotypical Stab In The Dark
  • Columns
  • Departments