Hal Row's Show this AM about AIG Bonuses

I listen to Hal Row's program every morning. We are very fortunate to have a show such as this in this area. Bob and Sherry, John Boy and Billy, or those guys on 95.1 have no impact on this area, but I guess if you are looking for your fill of mindlessness, then have at it. I think Hal does very well in capturing the sentiments local area people are thinking and what they find important.

This morning he played psychologist and let people vent about the AIG bonus issue. I can understand people being upset about these bonuses after these people have made such bad decisions, but these are valid contracts. The biggest problem that we have with our economy is the issue of trust. If contracts aren't binding, then our society is finished.

It is time to get over the class warfare. The government for years has fomented anxieties between socio-economic classes and they go right down the middle and continue to destroy us all. For people of faith, we are supposed to not covet what others have. Why be jealous towards businessmen over this? If laws were broken, then put the put the buggers in jail; but if laws have not been broken then be honorable and honor these contracts. We may not like it, but it is the right thing to do.

A valuable lesson should be learned from all of this. The Congress and President are trying to divert the public's attention away from their incompetence. We owe $60 trillion in unfunded liabilities towards Social Security and Medicare. I said on Hal's Radio show that those unfunded liabilities are 30,000 times more than these AIG bonuses, but it is actually 300,000 times. That shows how ludicrous these numbers are. That Social Security money is gone. The Social Security "Trust" Fund is anything but trustworthy.

What about the monies being paid towards the President, Congress, and Bureaucrats' salaries and benefits. This country has been run into the ground under their watch. Let's cut their pay. Let's make their pay performance based. Let them go find their own health plan. Let them experience the drop in value of their 401-k. For too long, we have shielded the Buraucracy from moral hazard and we are now suffering the results. Who is regulating our governmental representation?

The guaranteed liabilties towards the banking system are over $14 trillion. Do you think we will get that money back. This is destroying our currency. The AIG money will be chump change, when the Hyper-Inflationary period kicks in. Just think of the people that did the right thing and saved for their retirement. Now that money will lose its purchasing power and security value. What will these retirees do?

The bottom line is that we have issues that deal with a lack of morals at the highest echelons of our government, We are destroying our society. We have no right to dictate how much money someone else earns. We don't have the right to say who deserves what. First they go after the rich guys and then they go after you!!!

Hal said we need to right letters to our Government Leaders. Here is a link to those addresses:
Hickory Regional National and Local Representatives Address List
State House Representative List
State Senator List
Contact for Hickory Government
Contact Catawba County Board of Commissioners