The wisdom of Obamas bailout package...Not
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Thu Feb 19, 09 12:27 AM
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One point I must make. To give money to companies as a bailout as they lay off their workers is STUPID. The workers will go on ui, or some form of assistance costing both in the bailout (from the taxpayers) and the ui, or assistance (also paid for by taxpayers). Yes, the Car companies. The banks are the same. Bailed out by the taxpayers as they lay off workers and increase fees. They will do nothing good about those that owe them money.(funny, these people are taxpayers too). I would have assisted any company that would have kept their employees. America will have debt for the rest of time. They won't even be able to pay the interest on what they owe. Too bad there isn't someone intelligent with common sense running america. Too bad that americas mistakes are effecting Canada and the rest of the world financially. China and Japan will own the united states on paper. I hope they don't decide to forclose.................The Leonardo Any opinion or ideas are welcome. Perhaps we on bitcomet can come up with something that will work, not that anyone of note would follow it up
Link:
http://blog.bitcomet.com/post/84430/
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