Why did they help GM and Chrysler? Why did they spent so much money to help auto industry? Why not other industries? Why not other companies? Why don't we help Nortel? How about me? I am also unemployed. Once this process (help from government) started, every company, everyone would want to get their fair share from our government. So who is going to define the FAIR share and where is all the money come from? Remember, at the end of the days, we as tax payer would have to pay back all the debts.
So do you want to donate your money to GM, Chrysler or even Nortel? or do you want to buy the corporate bonds that are issued by these companies? If you don't, then why do you want our government to use OUR money to bailout these companies. I don't!
So do you want to donate your money to GM, Chrysler or even Nortel? or do you want to buy the corporate bonds that are issued by these companies? If you don't, then why do you want our government to use OUR money to bailout these companies. I don't!