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Originally Posted by geologist
With all respect for the man suffering this terrible wrong, our Government was dead wrong in bailing out Chrysler and GM. They should have been left alone to fail. That is a part of America's economic system.
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Yep, you're right, that's why they have chapter 13....
Quote:
Originally Posted by geologist
Our Government further compounded this wrong by injecting itself into running the auto industry and banks.
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LOL, the politicians can't even run the government and the states, now they want to run the car business. Illinois started shutting down it's park system last year. California is laying off thousands of workers and selling public buildings.
Quote:
Originally Posted by geologist
Unfortunately, this is only the beginning of things to come. Now this Government is trying to spend its way out of a recession by, essentially, printing money. You can't get out of debt by more borrowing. America is now solidly doomed to fail. And when America goes down, so will the whole global economic system. Get ready for the MARK!
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Not me, I'm not planning on being here for any mark...