Tag Archive for: corporate debt

Hey Psst! Check out my stimulus package!

Get your mind out of the gutter, that is not what I was thinking. Although in truth you may not be far off, as noting can kill romance faster than worrying about paying your bills . Every where you look there are stories about companies getting billion’s of tax dollars so they can keep their poorly run companies afloat. AIG got over 130 Billion! Billions to Citibank, Bank of America, GM & Chrysler. At last count the amount of the US bailout package was over 787 Billion, or that would work out to $2,623.00 for every person in the US right now!

Ask yourself the following questions:

1) How are your tax dollars being spent?

2) Are companies using it to reduce debt, cover operating costs, grow the business or to give out as bonuses?

3) Are goverments creating … Read more