Originally posted by Tentickles
This is why some 90% of the population didnt want the bailouts. GM should have been left to crumble like a normal business should.
I agree whole heartedly in regards to GM, but even more so in the case of some of the other recipients of bail out funds.
It's bad enough when a company that produces something tangable rolls like this but when tax payers are bailing out businesses that basically only
exist on paper, it's really rubs the salt.
Isn't capatilism about the strong surviving and the weak falling by the wayside to end up in a 9-5, blue coller labourer or assistant position for
someone else's company anyhow?
Edit for spelling
[edit on 15-6-2009 by afaik]