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Why being BAILED OUT is not a good idea…

I have been watching the news lately to see how the bail outs are helping those who are in need is working out.

The only thing that I can surmise from this whole bail out thing, is that there is a lot of finger pointing from the politicians to the businesses to the taxpayers and it just goes on and on and on.

We executives from AIG getting bonuses while the company they work for has been bailed out not once but twice. We have the politicians on the side of the taxpayer screaming in front of every camera they get in front of to make sure we know about the bonuses.

How does this make you feel?

Do you feel betrayed?

Do you feel angry?

There is a couple of lessons that can be learned from this whole bailout debacle:

1. We need failure, no matter how big we are. Failure is a natural course of things that provides valuable feedback. When we are not allowed to fail, we do not get the feedback we need and we are destined to repeat the mistake.

Or we end up delaying the inevitable and create greater harm.

Let me paint the scenario for you…

The US is bailing out GM and Chrysler for years of neglectful management by the company executives and extreme regulation from the government with CAFE ratings because of Global Warming… oh, I’m sorry Climate Change.

So now we have the government hip deep in GM and Chrysler and the taxpayer is now helping to pay the wages of the workers at these companies. They are in there helping restructure and make the company more streamline. Getting the unions to take on concessions to make them more cost effective.

I don’t know about you but have you ever used the words, government and cost effective in the same sentence. I don’t know but it just seem natural.

Anyway, so we now have the government trying to make our cars for us. But what if they fail. What will happen to all those people and their jobs. This is where the problem lies.

The government will have to much vested to let it fail and we will be paying through our taxes for the auto industry forever.

2. When you are bailed out, you are at the mercy of those who bail you out. This is called slavery. When you have someone that is holding the purse strings, you are at their bidding.

A better option may be starting from scratch, so you can continue to do what you feel is the right thing. Not because someone has something over your head.

If you want to live your life in a successful manner make sure not to get caught up in the same problem these companies and our government have themselves in.

Also make sure to check out these resources to help you get you mind straight for successful living:




Here’s to Your LifetoSuccess,

John Clark

P.S. Make sure to send this on to anyone you know who may find this information useful.

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  • Neil Gurrieri

    Hi John,Thank You so very much for giving me the opportunity to download "The Science of Getting Rich." I hope and Pray that I understand all of the contents, and to do the best I can to finally succeed as so many before me have. Thank you again.
    Your Friend
    Neil Gurrieri