- Businesses, because of a combination of greed and incompetence, completely mismanaged themselves in the last several years.
- Citizens as Consumers were left unable to pay their bills because Citizens as Employees lost their jobs because their employers mismanaged their businesses.
- Investors, realizing their glory days were numbered because of the consequences of their own greed/incompetence-fueled ways, panicked, further exacerbating the constraints on Businesses.
- Businesses began demanding Government money to reverse their bad direction, paid for by Citizens as Taxpayers.
Now, maybe it's just me, but here's where I have a different take on things than anyone I've heard from Business or Government. See, I think what the Government ought to do with the Citizens as Taxpayers's money is give it to Business on behalf of Citizens as Consumers. Effectively, I say since Businesses are getting our tax money that we will have to repay with subsequent taxes anyway, that Businesses ought only be allowed to use the money to pay down our bills to them.
Think about it. If I owe you $10 and I can't pay you, but you desperately needed that $10 before I could repay it, we would find someone who not only had the $10, but was willing and able to wait until I could repay him or her. Then, you have your money and my debt has been transfered to someone else. Once I repay him or her, then everyone is square again. What Business has asked for, though, is for Government to give them our $10, but then they're still asking us to give them the $10. Your monthly bills are still coming to you, aren't they? Why are we letting Government reward Business for its self-created debacle?
There's an old saying, that if you give a man a fish, you feed him for a day but if you teach him to fish, you feed him for life. I implore the Obama administration to consider this addage as it gives money from Citizens as Taxpayers to Businesses. Businesses should be able to operate successfully if the outstanding debts to them are repaid; anything beyond that simply encourages them to either screw up, or at least present the appearance of screwing up, to be rewarded with an influx of cash. I say use our money to help repay our debts, and let Businesses decide for themselves whether they want to shape up.