Trust Meltdown

Many Americans pay their bills – on time and live within their budgetary means. Now, how is this current economic crisis going to affect them? To the average Americian citizen financial institutions are shadowy places with shady characters. Funny, sounds kind of like the government. So are we to trust the government over financial institutions? Not a comforting thought when one’s philosophy is to have less government involvement. And what’s the rush? For years we’ve watched CEO’s leave failing companies only to be rewarded with a multi-million dollar severance package or golden parachute. How did this new business philosophy develop where it pays to be a complete and utter failure? Is this being taught in our finest business schools? The ordinary, average man or woman gets fired and their reward is a bad reference on their resume. Dennis Miller had the right answer for the CEO’s of these affected companies, “Give them a parachute made of gold, take them up 18,000 feet and push them out.”

So back to us ordinary, average citizens. To most of us it is more than a little disconcerting that Congress would rush through legislation that amounts to almost a trillion dollar bailout. Where’s the guarantee that this will fix the problem? Washington usually has a bad habit of throwing money at a problem without resolution. It certainly appears that this problem is out of the hands and reach of us ordinary citizens and all we can do at the present time is sit back, wait and watch.