Anger Management Needed

I continue to read the news and continue to get pissed off everytime I read it. Mainly it has to do with the bailouts and the economy and the state of the country. I'm no political analyst or economic genius, but can someone please explain to me why the banks/investment firms keep getting money from the government with no accountability (and I mean no accountability), but the government is giving the auto companies that employ way more people a super hard time about getting money? I'm pretty sure the big 3 aren't failing due to majorly bad decisions in their business model. I'm sure there are a few but not on the scale of the banks.

I read that people were asking the banks what they did with the money and either a) they didn't know or b) refused to tell. Excuse me, but if you're receiving money--especially taxpayer money--you need to account for every single penny and tell us how it was spent, by whom and how it's being paid back. I don't want to hear that we helped bail out B of A and then their CEO spent $1 million to redecorate his office after he asked for money to help out the company. I also don't want to hear that the company needs more money just to buy another company. If you don't have to money to buy it on your own, you don't buy. Save up money and then buy it when you have the cash. Sounds like they need some lessons in economics 101.

This is another thing that bugs me. You hear how the state of the economy is dire. That people are losing their jobs left and right and the spending is so low right now. Well, if people don't have jobs to make money, they're not going to be spending money which makes the spending even less which causes companies to lay off more people. Vicious circle this is. However, when you read that Pfizer laid off 8,000 people but then spent billions, billions, of dollars to buy Wyeth, it's a bit disheartening. How can you tell all these people that we can't afford to keep you and then spend that kind of money to buy another company. What is wrong with these companies?

Another thing is that 9 out of the 10 banks that received government money still have the same CEOs in place. Well, apparently they sucked at their jobs if they managed to run the company into the red enough to ask for a government handout. If it were you, me or some schmoe off the street and did this, we'd be fired in a heartbeat. But these guys not only don't get fired, they continue to receive bonuses and we're not talking a little somethin'-somethin' on the side. These are 7 and 8-figure bonuses, for being incompetent. Don't screw up on a little scale, that would get you fired. Screw up on a massive scale and you can keep your job and continue to get promoted. Yeah. That's a good message for today's youth.

I think I need therapy at life.sa.laugh@hotmail.com.