Originally Posted by RichieLion

I don't know why you keep bringing up Pres. Bush. I don't care who you say is ultimately responsible, it was and still is a bad idea and precedent. I don't blindly follow leaders into the abyss as liberals are doing in record numbers.

GM was failing because of bad business decisions. It was not the place of the Federal Government to unilaterally give GM the "people's money" to bail them out. Like I said before, if GM did go out of business all the other car companies would have scrambled to pick up the slack and a vibrant surge would have occurred which would have added to the workforce of those companies.

The bums who destroyed GM may have had trouble getting these new jobs, but it's not the American People's job to bail out the GM fat cats who squandered the money and reputation of GM with bad decisions and products people wouldn't buy. It also was not our job to bail out the lucratively compensated union employees of GM who couldn't see the handwriting on the wall and compromise to give their employer relief until it was too late.

There might have been a rumble in the workplace, but as the newer arrivals to our shores geared up to "fill the need", jobs would be created; support companies to service this expansion would have new growth; and the existing infrastructure of these automobile manufacturer support companies would have to retool, creating more growth, or lose to new more vibrant companies, which would be creating new jobs.

There are and were plenty of very large companies that have or will fail. Why haven't we bailed them out?