When the lights go out in the major cities across America I can guarantee you the American people will not care about "failed" Government bailouts, TARP Money, executive bonuses or compensation and least of all who is to blame. Most of us have gone through the four (4) stages of grief: Shock, Denial, Grief and Acceptance.
Senator John McCain (R-AZ) said yesterday on Fox News, that it is probable that the Government should have let AIG go bankrupt and maybe the Government should have. I don't pretend to know.
What I do know is the Government and the Media should stop their feeding frenzy which is devastating to the US travel Industry.
The Travel industry lost 200,000 job in 2008; 247,000 more jobs are estimated to be lost in 2009. Hotels, restaurants, taxis, airlines, cruise lines, buses, and limousine companies are being destroyed at an alarming rate because of the unending Media coverage of AIG.
As usual, no one in Government is responsible and the Government and Media are looking for someone to blame for the irresponsible handling of the TARP money......The people get it. The money is gone!
But what we don't get is why the Government and Media is "fiddling" while our cities are "teetering" on disaster. Can you please give us some information on that looming crisis?
Jonna Sabroff
Vice President & Executive Chairman
Greater California Livery Association (GCLA)
Representing 5,000 limousine companies in California
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