STOP the outflow of jobs to foreign countries. We've outsourced our brainpower and production, and we're shocked that the nation is in the shape it is. If companies want to outsource US jobs to India or Mexico, then those companies should pay MORE taxes. Reward the companies that keep the jobs here in the US.
AMEN! The years and years of outsourcing of jobs has had a major impact on our current economical situation! We are no longer a producing nation and that is what is also making it very tough for us to climb out of this financial mess that we are in!
As a people, we also need to start demanding that our local elected officials like our congressman and state senators be our voices over in Washington. They need to start demanding, on our behalf, that Banks like Citibank be held accountable for the bad mortgages that they backed and allowed to be written by not only their mortgage departments, but by the mortgage brokers that they outsourced many mortgages to. Banks like Citibank need to be held accountable for the huge bonuses that their executives have given themselves with one hand while taking bailout money with the other hand. Enough is enough with throwing our tax money at these fiscally and finacially irresponsible selfish companies and banks!
We need ot have our elected officials demand that the bailout programs for those homeowners who are in trouble bail only those out who legitimatley have fallen on hard times paying their mortgages because of job losses or pay cuts. These home bailout programs should only be offered to those who when originally purchasing their homes showed fiscal responsibility and due dilligence in purchasing a home that they could afford at the time.
Instead our government is giving money to homeowners who claim that they now are in trouble with paying their mortgages. Many or these homeowners knowingly and willingly purchased homes that, at the time, they knew damn well that they could not afford. Their irresponsibility and selfishness has caught up with them and our government is, in a sense, rewarding these people by throwing money at them and helping them save a home that they really couldn't afford in the first place!
Many homeowners who have done the right thing over the years by keeping up with their payments because they responsibly purchased homes that, at the time, they could afford, are now being turned away because according to some of the guidelines set in some of these mortgage bailout programs they are not in "dire" need of help!
Yet the guy who was only making $25,000 a year and went out and knowingly and willingly got a $750,000 mortgage that he really couldn't afford and said to himself and his mortgage broker "I want it now and I'll worry about it later" has no problem qualifying for a mortgage bailout program.
Something is really wrong with this picture.
