The Stimulus Package

   President Barrock Obama has signed of on the Stimulus Package that is going to help Big Business, create new jobs, and  try to revitalize a sluggish economy.  So what is going to mean for the Middle-Class working families?  An increase of $20 a week.  Just enough to take a middle-class family to McDonalds.  This Stimulus Package is going have to be paid back eventually.  The Stimulus Package is going to effect at least 3 generations of middle-class families.  If these people are going to be responsible for pay this back, they receive a lot more.  Give the middle-class a chance to benefit form this.  $20 a week is just going to cut it.

   Big Business is going to be the winner when all of the smoke clears.  Our government is going to bail them out of any financial distress.  Of course the officers of these companies are going to continue making their 6 figure salaries and receive their 6 figure bonuses.  Do you realize that a corporate officers 6 figure bonus is the equivalent of 5000 middle-class workers making their $20 that week.  Something is definitely wrong here!!!  

   There is one business that this writer would like to bring to your attention.  General Motors.  GM made a monumental mistake 13 years ago.  Te planners of GM decided discontinue the full-sized sedan, the Caprice.  This product was selling over 1 million units a year to the municipalities all over the country for police cars and other official vehicles.  When GM discontinued the Caprice, they “Gift Wrapped” over 1 million units a year to Ford who still has their full-sized Crown Victoria in production to this day.  So, over 13 years GM lost close to 13 million units.  I wonder if the person that made that blunder is still employed by GM?

   GM also made a big mistake regarding the release and production of the new Camaro.  In 2006 the movie “Transformers” hit the silver screen.  The car that was highlighted in the movie was the new and remodeled Camaro.  People saw this car and they wanted to get one.  This sleek car was a thowback to the Camaros from the late 1960’s and the early 1970’s.  So people started to line up to buy this car but they were turned away from the dealerships because production on the new Camaro was scheduled to start in 2009.  3 years after “Transformers” was made.  So what did the angry consumer do in the interim, they went out and bought the Dodge Challenger which went into production in 2008.  That was a smooth move….

    So General Motors has made some big mistakes when it comes to declining production that is going to bury the company into the ground.  Now, the US Government is going to bail them out with money that every US citizen is going to have to pay back.

   In Closing,

   It is obvious that these companies how dug the hole for themselves.  This is a part of the evolution of business.  If you cannot afford to stay in business, close your doors.  Another company will step in and take over.  Food for thought:  If these companies need to be helped out financially, what happened to companies like TWA that had to go out of business?

   In my next article I am going to take look at the actions of New Jersey Governor Jim S. Corzine.

   Until then, sharpen your claws and speak out.  It is your right to do so!!!