Monday, September 29, 2008

BAILOUT FOR US ECONOMY

This isn't a design post, but it does affect the industry of design that I support-it affects the health and stability of an economy that I depend on to compensate me for my design services.

We are living in some scary times right now. If you feel as strongly as I do about economy and what the half trillion bailout will mean to the average Americans contact your state reps. My stomach hurts for the feeling of even darker/harder times that are coming our way.

Details of the bill will mean with the exception of government officials and mega-billionaires like Warren Buffet...you,me and the other American tax payers of the world will never see a cent repaid to us. This is different than a tax cut, this is bankrolling a system that will most likely take the money and run, their is no assurance to the tax payers that we will ever see a boost in our incomes, decrease in taxes or be able to fix the escalating list of problems (gas, foreclosure, health care and retirement funding) that we are facing right now.. Pay attention closely to how this bill is worded, there may not be golden parachutes spelled out, but the list does not accurately show what compensation will be given the ceos and executives that screwed things up in the first place. It just lists tax penalties for those who make over $500,000.

If you feel the way I do, contact your local state rep and senators and ask them to vote against this bill, if this bill gets passed we are just pouring money into a black hole that will give safety nets to already financially secure executives and their government supporters/shareholders.

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