bail out

The Bail Out Bill
By: Drew

I am here to say that I believe that the Bail out Bill is wrong and should be abolished. I think it is wrong because why should we, average Americans, have to pay for large Companies’ foolish mistakes. To me it doesn’t seem right, and here’s why.
The first thing I don’t like about it is that it takes billions of dollars of government money to pay for the companies to keep running. Where does the government get their money? From us. If those companies would tighten their belt a little, and not hand out giant pay checks to their managers and C.E.O's they wouldn't be in such a tight spot. If I was president it would never have passed; if they are in dept, and our country is in dept where is our national dept going to do if we bail them out, and give them billions of dollars? Drop! Drop like a Two Ton Brick! Kaboom! The way I see it is we don’t need to go into another couple billion dollars in the hole. We are already 11 trillion in dept.
Another horrible thing about it is that once you bail out one company it will have an effect on all the other large industries in the U.S. they will all want a bail outs also. Why wouldn't they want a bail out? It’s free money. It’s bigger pay check for them and bigger taxes for us.
The Bail Out may be good for something like saving the large companies, but they wouldn’t be in trouble if the weren’t giving out $40,000 pay checks every month to every top person in the company. That’s a small part of their problem.
If the Bail out had been approved during a different time it might have been fine, but right now we are in an economic crisis. Really there couldn’t have been a worse time to make it effective. But the bail out was a horrible idea and it still is.
During this money crisis we all have had to manage our spending. Why shouldn’t they have to, and by they I mean every company applying for the Bail Out? Did anybody notice that as soon as the Bail out was passed every large company applied for it? If I could see the owners of them companies I would say, “You are sad and pathetic! Do you really think you need this? Cut back your salaries a bit. I personally think you could live without a few private jets.”
If you ask me I think they should get abolish of the Bail out Bill. I will stand by this decision strongly, and it will not change, or waver.