Tuesday, October 11, 2011

"The Poverty Business"

Recently in Business communications we had an interesting read. "The Poverty business" is what the tittle was and it involved stories of people and their life situations that unfortunately ended them up in poverty, its content really intrigued me. A story of a woman who needed a car for transportation and her many responsibilities had to go into debt with a loan just to get an old car that was bent out of shape. It was touching because I felt her struggle through the words. Big companies such GM, BAC, USB and Blue Hippo were just a few of the names causing a stir in the lower rank communities.In my honest opinion there are some flaws to what these companies do for instance; the companies target either a certain demographic as well as lower income individuals just to make their company more MONEY. Money seems to be there motive and not helping people and bettering the society.
Companies that do these such things are sickening and somehow we as a people should find other ways to support our selves or we will become just another story such like these being taken advantage of and not being educated enough to fight back or to understand that we need other solutions than just taking out loans or dealing with self-indulging corporations. They prey on the poor knowing they are not able to repay that amount due. I feel like they are getting away with crimes by doing this and no way shape or form are helping us or giving us instruction on ways we can use the money we have to the best to our advantage. These companies should not be trusted and we as people should be smarter and educate ourselves on what is going on behind closed doors.
In conclusion, I feel for the people that these “crimes” have happened against and we should find ways around them and assist each other with our finances so that we cannot be in these losing situations that cause stress on us and the people around us. Companies should quit what they are doing and instead of hurt us to their benefit they should help us and relish in that accomplishment instead of having their main focus on themselves, etiology should be used to find a cure of this disease of greed.  

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