Lilypie

Thursday, October 9, 2008

Tough Times Ahead!

The stock market has crashed! Or rather, plunged an all-time low, which is as good as crashing! Now that the two super powers have crashed, who can bail them out, and the rest of the world at that?

Banks are merging and acquiring, financial institutions are in an uproar, governments have to try to bail out some giants. Even with the bailout, a certain company's executives spent a week in luxury, temporarily forgotten the hot soup they were in a while back! How can they do something like that when taxpayers bailed them out?

That is the trouble with the financial industry. Full of greedy, heartless people. Alright, not all of them are like that, but still, when the layman needs money, they take back everything, yet they expect layman to bail them out and use that money to indulge. Times are bleak indeed!

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