Sunday, December 14, 2008

What about my bailout

What about my bailout?
The last time I checked the government was dolling out over 2 Trillion Dollars in assorted Government Bailouts. Yet where’s my check? I to can be irresponsible. I have not made the big mess AIG, Fannie and Freddie or Citibank has done, but give me a chance, I just got started. I am only behind on my mortgage, car payments and credit cards. If Congress would just give me a chance, I too can mess up just as “BIG” as General Motors and Chrysler. I also like the Big 3 don’t think I can make it pass a few more weeks.
I watch the news everyday to see if CNBC mentions my name and the needs that I have, but nothing yet. I sent the two page TARP application to Henry Paulson at the Treasury, but I have not heard anything. I sent a letter to Ben Bernanke about my problem and he has not responded. What am I doing wrong? If you like, I can issue worthless checks, like AIG issued worthless credit default swaps or make promises that I will not keep like the Banks, give me those Billions and I will lend the money to Main Street.
What do I have to do to get mine? The crooks at Wells Fargo, Morgan Stanley, B of A, Fannie, Freddie, and the rest of those outfits got theirs. AIG got 150 Billion; Citibank got $50 Billion plus Billions in guarantees, JP Morgan $25 Billion, Wells Fargo $25 Billion, Bank of America $15 Billion, Merrill Lynch $10 Billion, Goldman Sachs $10 Billion & Morgan Stanley $10 Billion, but where is my bailout?
If Congress would have just taken all those 2 Trillion dollars and sent a check to every American, it would have been around $7,000 per American or about $28,000 per family. I can guarantee you that the economy would turn around in about 2 weeks and we would experience the Greatest Economic Recovery in World History! Not only that but Congresses approval rating would go from an all time low of 17% to a RECORD HIGH 99% approval. President Bush would be the Greatest President EVER and who cares about the deficit, I always wanted to leave my grandchildren an inheritance, I never said it was going to be a good one.
Sincerely
John Gerena email at: johngerena@wbcsmail.com

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