Posted by: Audrey | February 17, 2009

Just Like My Cousin (Name)

Today General Motors and Chrysler have asked the Treasury for  money in addition to the $17.4 billion of government funding they already received. They say that they need an additional $22 billion in out in order to really straighten things out.

Does this sound familiar?

This sounds like that cousin/brother/sister/friend that keeps asking you for money after you have already helped them out. The cousin that asks you for $200 to pay the electric bill after you already gave him $500 to cover his monthly expenses. The brother who needs to “borrow” $600 while you’re still waiting for him to repay the $3000 you already lent him. The sister, carrying the latest designer bag, asking you to help pay for her kid’s braces. The friend who has yet another great idea for a business and is looking for investors…..this time she ’s sure her idea will be a hit.

Usually we have a choice. We can either choose to help the aforementioned “needy”, or we can choose not to.  Those who have shown financial irresponsibility don’t really get much sympathy from me. You can guess what my choice would be.

But now those of us who have played by the rules, worked hard for our money, and have made sacrifices for our families are not allowed to make a choice. The money to bail out these car companies is going to come from our wallets. 

I would rather pay for my nephew’s braces.


Responses

  1. Good analogy. I agree with you. Many companies that have received Federal bailout money have come back for more. These are the same companies that have lived in excess for years. Their irresponsibility should not be rewarded by releasing additional money by the Treasury or Federal Government. I must go now, my family member is leaving me a message. Something about giving them money for something or other…..lol

  2. Just dropping by.Btw, you website have great content!

    ______________________________


Leave a response

Your response:

Categories