The Federation has taken over the two mortgage companies.
Fannie and Freddie collapsed a few months ago.
Revamping is going on.
The chief has been sacked.
Nursing an unviable business back to health,is spectacular.
But ,disallowing the company to turn rot ,is prudence.
Stitch in time saves nine.
This is a very popular and pragmatic saying.
Let us prevent mishaps,before they occur.
If the financials of the two companies had been managed well,disaster would not have found its way.
There is lot of cheer in the market. Stocks soar,Upward movement is not only in U.S, but world over.
I sit back.
The top query in my mind is “How is it possible?”
The relevance of plausibility is irrelevant.
The destiny of the big companies is important.
They involve transactions in bulk and in volume.
They embrace a multitude of share holders.
They anchor on the nation’s credibility.
These answers refuse to pacify my agitated mind.
The plight of the tax payer irks me.
I am pained.
Who will take care of him?
Will the federation ?-definitely no.
Will the treasury ?-certainly not..
There is no recourse for this poor man .
It is he ,who has filled the treasury’s coffers with his taxable income.
Alas he turns a scape goat in the hands of top executives.
Power corrupts man.
Money dissolves him.
I see agony, more agony everywhere…
Meenas Poems 