Billions of dollars in bailouts, means for the most part that the taxpayers, without a choice, are buying companies in free fall. Most of these companies are going to recover after a very long period, if they do at all. The influence of some lobbyists is to the greatest stent the cause of all problems. By definition, their role is to protect their customer’s interests regardless of the general good. By achieving that, they create entrance barriers and consequently inefficiencies. If the entrance barriers are big enough to discourage competitors the problem becomes worst, because now if these companies fail, there is no one able to fulfill their role. The same lobbyists are the ones looking for a bail out for their customers now. As they are extremely well connected and have big wallets, the downhill spiral continues and there is nothing except a really big shock that can change this situation.
The current warning should move us to think as part of a society and not only make decisions for ourselves but for our communities and countries. As rational beings, we should be able to take action before the problem becomes bigger. What can we do?
- Actively research about political proposals and decisions
- Participate in the social programs of our governments.
- Demand green energy from our supplier
- Contribute to the education of our children or other’s.
Recycle Giving cash back to the people is only going to provide a mild relief to this months problems.
Will that save the economy? No. It will buy some time to find the answers needed to solve the current market situation
