Wednesday, November 19, 2008

Auto Bailout Would Be Band-Aid On Chest Wound

Agreeing to an unsound (political speak for stupid) idea in the name of bipartisanship makes you not only weak but unprincipled as well. I think it’s time we show some fiscal responsibility and save the $25 billion. Frankly, we’ve got to think to the future. We’re going to need the extra cash when AIG heads off for their next out of town conference.
To bail or not to bail?

NVDL: We really need to bail out the railway infratructure around the world (as an alternative to buried airlines), and the mnore deserving suburbanites drowning in debt. Bail out people, not greedy unsustainable business that does the environment harm. What isn't sustainable should not be sustained - period!
clipped from www.foxnews.com
The question really shouldn’t be “Do you support the government bailout?” Instead, the public should be asked “Do you think Barack Obama, Nancy Pelosi, Harry Reid, Barney Frank and the rest of our gang on Capitol Hill are qualified to run the U.S. auto industry, banking industry, insurance industry and other sectors of the American economy?”

If you think big business is best managed and overseen by politicians with no business experience, then the bailout, particularly the bailout of the auto industry, must seem like a pretty good idea. If however you haven’t lost your mind, then throwing $25 billion (on top of the already approved $25 billion for plant retooling) at a business model that is broken might seem, lemme’ see, insane.

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