Bailout, welfare for Wall Street.
I understand that this is a huge issue and my black and white viewpoint on this may be unpopular.
When I make an investment its a choice, I may choose to invest in a money market account, or in Stock for XyzCorp. It's my choice. If I want to invest in something high risk then I need to be aware I may loose my investment. That is the definition of risk.
This bailout for Wall Street pisses me the hell off. I work hard every day and I can invest my money where I want. I don't do high risk things because its not what I want to do. Even my low risk investments carry risk and I could loose my shirt. That's a risk that I have to take though. Why should anyone be bailed out of their investments? Seems that our federal government thinks if a company is big enough they deserve special attention. I don't. I am tired of everyone putting their hand out for my paycheck, the federal government can kiss my ass if they think I am behind the bailout at all. Inside the statue of liberty is a poem most would recognize some of.
"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tossed to me,
I lift my lamp beside the golden door!"
I don't see anything there about giving handouts as you go by.
Here is the message I sent to every person who represents me in government.
I am taking time out of my day to write anyone and everyone who may provide a voice for myself in our federal government. The reason for my message is I want to make it clear to my elected representatives that under no circumstances will I support what is commonly being referred to as the "bailout", nor any representative who supports such a measure. To keep it short and sweet America is the land of opportunity. America is not the land of guaranteed profitability. I understand there are major ramifications to this financial collapse but it is something we need to bear! It will teach people to be financially responsible! Instead, at least initially, the bailout wants to take from ME, and people like me, who work hard to make the money they do make! The bailout wants take the money from me to keep someones poor business decision afloat! I didn't invest in these risky ventures and now if you vote in favor of this bailout, you are going to FORCE me to! As I said, there will be no election time support from myself or my family for anyone who votes in favor of this heinous injustice.