Bail Me Out

The United States government is in the business of bailing out banks, insurance companies, individual states and now automakers! Our tax-payer dollars are are paying for the bad mistakes that these companies have made at the hands of executives who continued to get rich, even as their company was losing money. How does this make sense?

We must first look at the true problem at hand... people are not spending money because people have less money to spend. It is a vicious cycle... people make less money, so they spend less money, so the companies who depend on people spending money don't make as much, so they don't pay as much, so their employees spend less money...

The solution should not be to give giant corporations money. The general public needs the money so that they will spend it. I think that the government needs to implement a public bail-out plan. Start government issued rebates for everyone who purchases a vehicle. Allow people to take a tax credit for 1/4 or even 1/2 of the car's total cost. This will act as an incentive for the consumer to purchase a vehicle, thus bailing out the auto industry while benefiting the every-day consumer.

And how about a federal aid fund for those who are losing their homes? Instead of bailing out the banks that now own foreclosed homes, why doesn't the government instead offer a form of welfare for people stuck in the up-swing of their ARM loan?

These are just real solutions that make real sense to me...