Thread: Obama Motors
View Single Post
Old 06-01-2009, 02:56 PM   #23
Trample the Elderly
Playmaker
 
Trample the Elderly's Avatar
 
Join Date: Dec 2008
Location: Three Chopt Virginia
Age: 47
Posts: 2,906
Re: Obama Motors

Quote:
Originally Posted by GTripp0012 View Post
Well, the corporate bail out was a separate issue entirely. That was our government doing what any government would have done in the same situation. The taxpayers don't have an immediate voice in a representative democracy, so they are the easiest target to fleece, as you say.

The bailout, in my opinion, was neither good nor bad. It was stealing from Peter to give to Paul. Taxpayers were screwed either way. But by intervening, the bureaucrats could save their own careers, so the choice was easy.
Had they not bailed out Chrystler or GM the public would've paid nothing. They still had the option of filling bankruptcy to restructure. Delta did that and they're still flying. Our government shouldn't be acting like any other government. If everyone jumped off a bridge would you do it too?
Trample the Elderly is offline   Reply With Quote

Advertisements
 
Page generated in 0.88810 seconds with 10 queries