I was against Bush doing it and I'm against ANYONE doing it! The American taxpayer LOST money on those 2 auto companies. Bond and stockholders did too...I'm waiting litigation on that...It's going to be amusing to watch Owebama's healthcare get stricken down as un-Constitutional as well as the rest of his dismal policies.
No, theres not any truth to it...we have bankruptcy laws on the books already...USE THEM! You have no idea what would've happened, but I can tell everyone reading this that Capitalism if they would've allowed it to operate would've taken care of this mess sooner than the stagnation we have now with constant meddling. Instead it was a powergrab by this administration to payoff the unions that put him in power. See it for what it was for God's sake! The solid "truth" is you don't know what the hell you're talking about because you don't really know what would've happened. Instead we get to hear after the fact that money was doled out to foreign institutions...WITH NO OVERSIGHT! By an organization with NO OVERSIGHT! They're answerable to nobody! When they do get trotted up on the hill they don't answer the questions...because they can't!
That's the problem with halfwit students with no practical experience outside of a classroom...when the rubber hits the road it doesn't work. They want to have their hands on the till...they're not fit to have their hand on their own ass! Look at how the uber-smaaat scholars are leaving this administration back to the sweet payday of a classroom. THEY created this mess! Now they get to lecture fresh brain mush with their failed idelogy...but they won't say that...they'll claim they were misunderstood...the American public is too stupid to follow their ideas...or we ran out of money or some other BS that you'll crow about right with them. Too big to fail was the battle-cry the Turbo-Tax Timmay's and Bennie the Beards were screaming. You bought the lies.
As for the rest of you post...who cares? You? Get over whatever it is you're trying to do and yes you can assume anything and evewrything you want. Everyone here KNOWS that's what you do. Everyone here KNOWS what happens when one does.
DrMaddVibe wrote:
Sure, I don't know what would have happened, exactly, if we let 2 of our 3 auto makers go bankrupt, but then again neither do you, so that argument is moot. What we can do is project based on logic.
Millions of jobs would have been lost. More than just 2 companies would have gone bankrupt, suppliers, dealers, parts manufacturers etc. Not to mention all the small businesses near factories of all those companies. The domino effect would have been devistating.
We also would have lost a huge part of what little is left of our manufacturing base, even though so much of it has been moved to Mexico or Canada. In the case of a national emergency, having those facilities available is crucial.
I have already said that any money given out without oversight is not good, so we agree on that. However, most on the right then complain that it's communism if the government has this oversight on private businesses, so you can't complain both sides of the issue.
This administration created no economic mess, they inherited it. They may have created some messes while trying to clean it up, but this in no way started under their watch. It's funny that you say that they will claim that the public is too stupid when you are saying that I am too stupid to understand your ideas.
Assume? I made no assumptions in that post.
