Is anyone else bothered by the way this whole Big3 bailout farce being
played out recently. Granted they have made some very poor decisions and
perhaps should be allowed to fail. However, that is not my point. We all
watched as our executive and legislative branches of government
literally gave away $800 billion with no hard questions asked, virtually
no strings attached, and no demands for a better business model. That is
just what was voted on. Another $6-7 trillion went out through the
federal reserve. All this to assist institutions that did nothing for
the economy except create worthless paper that is now coming back to
bite them right on their collective asses. Instead of allowing them to
fail due to bad business practices the taxpayer is now on the hook for
those $trillions of dollars. Along comes GM, Ford, and Chrysler asking
for $34 billion, a measly sum compared to what the bankers have already
appropriated, and they get raked over the coals by the very same people
that gave kid glove treatment to the bankers. And these companies employ
a large number of average ordinary Americans that actually make
something. What is wrong with this picture? Or is it the fact that I'm
getting old and my moral sense of values has become deluded and warped?
.........al
I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975
