Everyone who doesn't have to worry about what the repercussions of not doing anything are--espescially if it is not simply momentary bankruptcy and then rebooting
Everyone who doesn't have to worry about what the repercussions of not doing anything are--espescially if it is not simply momentary bankruptcy and then rebooting
A better plan would be to re-institute the Bank of the United States and directly lend money to consumers with good credit if they buy US made cars. Right now the banks aren't lending so cars aren't selling. A bridge loan to the car companies with the strings that they MUST produce high milage cars would bring buyers to the sellers and the sellers would have something that the buyers would be encouraged to buy. What? The GOVERNMENT directly lending to the consumer? Ain't that..gulp...'socialism'? Yeah..so what? Let the bank fail....who needs them? But don't let all of those jobs go to hell. Desperate times call for desperate measures. If this ain't one of those times then there ain't no such a thing! No kiddin'!
A better plan would be to re-institute the Bank of the United States and directly lend money to consumers with good credit if they buy US made cars. Right now the banks aren't lending so cars aren't selling. A bridge loan to the car companies with the strings that they MUST produce high milage cars would bring buyers to the sellers and the sellers would have something that the buyers would be encouraged to buy. What? The GOVERNMENT directly lending to the consumer? Ain't that..gulp...'socialism'? Yeah..so what? Let the bank fail....who needs them? But don't let all of those jobs go to hell. Desperate times call for desperate measures. If this ain't one of those times then there ain't no such a thing! No kiddin'!
I agree, these companies don't deserve the bailout. It's their fault for putting themselves into this mess in the first place, and we shouldn't be paying for their mistakes.
All they'll do with the bailout money is make new loans for us to borrow (again!!), make more cars for us who can't afford (again!), and probably spend it on themselves (new jets again!).
It's bad enough to have these companies screw themselves with money, but a lot worse in bailing them out of trouble if they don't learn their lesson. The money should go to the people who are suffering.
Sure why not, and take all the people off of welfare. Get rid of social security. Get rid of unemployment after all no one needs a helping hand right. People's stupidity caused them to get on welfare, lost their job, or got a job that went bankrupt. So i would say get rid of all of it off of your line of thinking.
So bailout the thieves on Wall Street............
and let the big 3 die, along with the hundreds of thousands that work directly, or indirectly for them.
Glad you don't make my financial decisions...........
let them get a viable buissness proposle together.its doable. the static is coming from union repersenatives and company executives.they keep screaming,we got you elected.when they all get under the bus,obama will save the day with his political ingenuity.
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