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-   -   Goverment Motors and the Chinese (https://www.subsim.com/radioroom/showthread.php?t=151807)

Platapus 05-16-09 10:46 AM

Well, I hope this serves as a good lesson for this and future administrations. If the federal government is going to bail out failed businesses, then the federal government needs to have the right to have some control over how the tax dollars will be spent and how the bailed-out-failed-company will operate.

The days of trusting corporations with tax bailout dollars is far past. :nope:

CaptainHaplo 05-16-09 10:58 AM

Platypus - the lesson here is the government shouldnt be bailing out businesses anyway.

Either way the jobs would be gone, but had we just let GM fail - we wouldn't also be out of the Billions of taxpayers dollars.

Platapus 05-16-09 11:07 AM

Quote:

Originally Posted by CaptainHaplo (Post 1102332)
Platypus - the lesson here is the government shouldnt be bailing out businesses anyway.

Either way the jobs would be gone, but had we just let GM fail - we wouldn't also be out of the Billions of taxpayers dollars.


Oh I agree.

And we, as a nation, should never find our selves in a position where a corporation becomes so important that it can't be allowed to fail.

For then our nation is being extorted.

GoldenRivet 05-16-09 12:54 PM

Quote:

Originally Posted by CaptainHaplo (Post 1102332)
Platypus - the lesson here is the government shouldnt be bailing out businesses anyway.

Either way the jobs would be gone, but had we just let GM fail - we wouldn't also be out of the Billions of taxpayers dollars.

EXACTLY MY POINT

capitalism / communism debate aside...

thousands of jobless families living on the street aside

right and wrong aside

we should NOT be bailing these companies out - thats socialism


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