Dear Mr. President

President Barack Obama
1600 Penn Ave, MW
Washington DC 20500
A Voice From Main Street

Dear President Barack Obama,

Good afternoon Mr. President, my name is Fatmata and I am one of the people you talk about from Main Street USA. I am writing to give my opinion on the current state of the economy. I hold no degree in business but I at this junction it does not matter. I think Main Street USA solution might be betters then these so called business experts. Main Street USA understands the pain and heartache of this economy so they desire to be heard and consulted more regarding the state of the economy.

Mr. President, these so called experts that administration and congress keep consulting don’t truly understand the economic pain because at this point they are not scarifying anything. Most of them stay live in their multi-million dollar homes, driving the fancy cars and traveling like rock stars. These are some of the same people that brought the economy to where it at right now. We need a different approach and maybe the masses needed to be more involved in this process. We need to brainstorm aloud. Here’s my suggestion to improve the economy. It might be basic but it a start.

Mr. President, before we hand out money to companies like Citigroup, AIG, Ford, GMC, and other financial institutions or auto makers we should get
1) A business plan
2) Have them agreed to limit on CEO pay and perks (in whatever form they come in)
3) Limit unnecessary expenses (ex. Commercial airline, drive the own cars, etc)
4) Have a government overseer
5) Monitor business spending to make sure it does not co-mingling with personal expenses
6) Monitor the board members (make sure election are done properly)
7) Establish ethical rule of engagement because these when out the windows
8) Direct where the money should be spend and how (government money)
9) Have date for repayment of government loan

If after all these are done and the businesses cannot survive we should let them fail or structure safe buyout. We cannot keep wasting tax payer money on these companies that don’t truly have a plan to restructure themselves into profitable companies.

Second Mr. President, you keep referring to Main Street USA but I don’t see any relieve for us. I personally think the payroll break is a waste of time. I think the amounts of money given to these financial institutions were given to homeowners and the unemployed we might be at a better place for less money. These homeowners would have paid their mortgage instead of waiting for these institutions to restructure loans. I think Main Street USA spending will move this economy further than given it to these institutions. All these CEOs of these companies are going to do is find a way to make their families and network of friends and businesses richer.

Mr. President, thus far Main Street USA is one hundred percent behind you but if we don’t see any tangible relieve we might look else. I sometime wish we had a parliamentary system that would have allowed us to dissolve congress and start over. I just wish we could return to what the forefather had in mind when they created congress. They were to serve a limited time and return to their private life. If we had that we might be in a better place now.

Mr. President, we will be patient with you because this situation was inherited but if you keep depending on the Elite (Experts, Lobbyists, etc) that don’t understand the pain of the masses, our patient will run out sooner than later. Our voice should count and should be taken seriously because it only us that are suffering the bulk of the economic woes.

I wish you and your team best of luck because we all depend on it. Unlike others that wish your failure, Main Street USA wishes you success. Hopefully, your administration success will be Main Street USA success.

Sincerely,
A person from Main Street USA