These are interesting times. It would appear that corporate America is holding all Americans hostage? They’ve got their hands out asking for bailout money…but if the government doesn’t appease them, they threaten to close their doors. Closing their doors would put many people out of work and puts the country at greater risk of falling into a depression. Now, I wouldn’t necessarily be thinking that these huge corporations are trying to take advantage of us, but when I hear they are buying new jets, or giving out billions of dollars in bonuses, then I’m thinking….bonuses for what? Running the company into the ground? Either these companies are really, really, stupid (which could explain why they are failing)….or they are really, really, bold. It appears to me to be the latter, and they are, in essence, extorting money from all of us. If one of these large companies did fail, I imagine the CEOs still walk away filthy rich. Therein lies their leverage. They have little to lose personally, and are gambling with the fate of their employees and the economic welfare of the country at large.
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