Quote:
Originally Posted by janmcn
So better to let them go bankrupt and put one million people out of work, Mr Romney? I think if you check your facts, you'll find that a lot of the auto bailout money has been repaid with interest.
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janmcn there are a number of financial expert who have written articles explaining that the bailouts were not necessary. In fact the economy was in that same situation in 1840 and the government refused bailouts and the economy recovered and did so quickly.
government action in most cases is counter-intutitive as is golf when it appears governement should do more they really should do less.
Take for example that the Mormon's Chariity is so well organized that during catastrophe such as Karina they were able to assist people with food, shelter clothing and fuel much faster than our government. if the government were smart they might want to learn how they are able to mobilize so quickly