Thursday, September 25, 2008

700 billion of confused thoughts

700 Billion dollars, that is more than the cost of the Iraq War since it started, what the heck did Wall Street do?

Who the heck dropped the ball or decided to look the other way? How long did they think that the US economy was gonna hold?

What I want to understand is...

How is this 700 Billion dollars going to help me and my neighbors, how is that money going to help the 2700 ex-employees of Bill Heard Chevrolet, that out of nowhere where told yesterday that the company was shutting down and yesterday was the last day of work and pay?

How is this 700 Billion dollars are going to help people like Horacio and I, we work driving taxis in a Touristic Area, if there are no Tourists...then we have no income.
We are the entrepreneurs that try and survive with the breadcrumbs of what the Hospitality and Theme Parks Industry leave on the roadside.

The parks are so empty... It's ridiculous, the people that are in town for the Neurosurgeons Convention (that normally would create a very good economic week for the taxi drivers in this town) have been provided Bus transportation by the convention center.... sucks!!!!

Then at night the convention has also arranged for bus transportation to wherever they will meet that night, let it be Downtown Disney or CityWalk....

Ahhhh and speaking of how much more bad can it get? Pleasure Island will close down for renovations on Friday or Saturday!!!! I know it is needed, but it will definetively put more strain in the drivers income or possibility of income.

While people go to Downtown Disney because of the restaurants and shopping, thursday thru sunday Downtown Disney is the center of the quick runs and easy money. What else is this country going to do to kill the independent self employed citizen?

2 comments:

Tock said...
This comment has been removed by the author.
Tock said...

The 'bailout' helps by allowing the economy from preventing an unnecessary sell-off. Since the failing banks would have to sell everything they own to pay off their debts.

Since, everyones failing at the same time, trying to sell their assets, the price of the assets keeps falling - supply/demand. The government aims to be the buyer of last resort. So long as they don't pay any premiums, it costs tax payers nothing - hell we benefit in the end.

I tried explaining it in my blog, but I'll do a better job if needed.

see: My blog