Thursday, February 17, 2011

Blog Number Four


mchenrycountyblog.com. Web. 2011

Money Swindling Corporations. We love to hate these kinds of operations. Especially when that company promotes good but turns around and used tax payer money for themselves. For example, say a corporations promotes sales for a certain product and advertises that some of the profit will go toward something good such as helping a cause in a foreign country. However what we don’t see if that they are really using the money to give themselves bonuses and to redecorate their big fancy corner offices. Its things like this that i firmly believe is what’s partly wrong with America today. Big CEO's swindling money when they are the last people who need a bonus. The worst part is that they are actually are getting away with it. The most that ever happens is that they lose their job and on rare occasions only have to pay back a fraction of what they basically stole in the first place. So they get to walk away with full bank accounts and are ready for a vacation while tax payers are left trying to make ends meet. There should be in my opinion, stricter laws about corporations who swindle money and harsher punishment. Also there are the corporations who receive money from the government for the bailout but are not forced to pay the money back. Some companies never needed the money in the first place they just simply use the government to their advantage and walk away with millions of dollars who in return the tax payers end up having to make up for the losses. So tax paying American citizens need to step up and try to press the goverment for stricter laws regarding swindling corporations and a much more harsh punishment on the people who violate those laws. A close eye is needed on the companies and corporations so that losses are kept at a minimum for the tax payers, the workforce of America.


nogw.com. Web. 2011


1 comment:

  1. Dear Blogger,

    I completely agreed with what you had to say about corporations in this particular blog. I have read all your other blogs, and this one stood out to me because of the truth inside of it. The statistics you through out there were magnificent. I will for sure keep coming back to read what else you have to say about corporations. You Rock!!

    Dequeen

    ReplyDelete