If large companies are entitled to billions of dollars in order to be saved, then where is my money? I am in need as well. I also have a better track record than companies asking for government bail outs. Every company asking for money has a history of making bad decisions. The auto industry for example is repeating the same mistakes as the 1970s. Building large gas-guzzling cars during a gas crunch; sound familiar? Did anyone think that low gas prices would last forever? Making loans to high risk clients with minimal collateral, that has never happened before; has it?

This is where I come in; I do not need billions, a few million would suffice. In fact a couple of hundred thousand bail-out bucks would be appreciated. The first thing I would do is pay of my debts and spend all the left over money. My creditors would no longer have a reason to ask for government money and my spending would stimulate the economy. Why must the large corporations receive the money instead of the employees that have lost (or about to lose) their jobs?

If every employee of a bankrupt company received the billions instead of the proven inept leadership, would the economy be better served? Would the creditors about to foreclose receive their funding? Paying the creditors directly saves the large corporations whilst the jobless continue to remain in debt.

Taxpayers are giving billions of dollars to companies with assets worth over $100 billions. Pick any one of the large corporations receiving money and divide the total assets owned by the total number of employees. Most employees would receive hundreds of thousands of dollars. The corporations are asking for money to save jobs, but each corporation will lay people off with in the next several years; unless the government places a condition on the bailout money to protect employees’ positions.

$787 billion divided by 300 million people equals to over $2600 per person. That is over $10,000 for each family. The question is what would better stimulate the economy: providing billions of dollars to organizations that are responsible for damaging the economy or giving you $10,000? Consider that successful companies will most likely not be entitled to stimulus funds, just failures.  Examples of inept leadership:  car companies during the 1970s were close to bankruptcy as a result of focusing on low quality, gas-guzzling vehicles.  The same issues have arisen again; the only serious mistake is encouraging such repetition of mismanagement.