If taxpayers must involuntary bail million-dollar companies like AIG out, then we need to implement stipulations that require the fat cats of these fallen companies to humbly resign, bringing in new executives with fresh ideas and a shared perspective of growing our economy first and foremost, not their wallets. This misuse of taxpayer funds proves that you do not need to live in urban areas in order to improperly handle money. This only proves that even the wealthy misuse money on a higher scale. Have not the countless white collar crimes proven this?
Look at it this way; does it make sense to give a homeless drug addict money to pay for their mortgage when their drug addiction is what brought the home to foreclosure in the first place? Of course not! Just the same, we can not afford to give companies like AIG bail-out money until they show evidence that there is some reform within the executive structure. Otherwise, we will have only taken welfare to another level.
Welfare was originally created to help low-income families for a minimal amount of time—to rise above the lifestyle of poverty. Yet, it is known all too well how most welfare recipients can abuse its benefits, using it as a primary source of income to support themselves and their families for the duration of a lifetime. The same is happening with these companies on the brink of bankruptcy. We need to reform this Bail-Out Plan so that it explicitly ensures that it will only help companies that are willing to help themselves—not to bonuses, but to help themselves in order to help this economy and ultimately, our country.
The Perception 