With all the hype in the press recently about banks who receive government bailout money spending too lavishly on corporate retreats and jets I am left puzzled. Aren’t these parties and purchases a way to stimulate the economy? The money is being spent domestically and has been done so for many years without question. How many hundreds of millions of dollars are we keeping out of the American economy?

The reason a recession can become more dire is because of people’s fear of spending money… savings rates go up and in this case even corporations who have curtailed spending are being even more criticized for their payroll and bonus allocations. If we want to get out of this, money has to be spent! So, let’s keep it here in the U.S!