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Originally Posted by dalakhani
Whether you understand it or not, you make a great point. Where does it end? Does the great Paulson have the divine wisdom to deem one company "too big to fail" over another? On a larger scale, one industry over another?
Where does it stop? Im not poking at Miraja or anyone else that Ive debated this with, but if this isnt socialism i dont know what is. It is socialism in its purest form. And Im not arguing against what the government is doing, I just think a spade should be called a spade.
It looks like the 700 billion dollar "tarp" should be renamed the 700 billion dollar bait and switch.
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i dont know what this bail out is going to solve...
Obama is pushing hard core though to bail out the automakers. Bush wants to spend as much money as possible it seems. We are transfering the power from one socialist big spender to another. I just hope Obama turns out to be more responsible than Bush (wont be hard to do).
They are all acting like socialists. Thats because they all think like socialists.
I dont understand how they pick the companies to bail out... I can see banks and morgage companys that have control of peoples homes and $$, but I dont understand the automakers.
Unless if GM tanks.. then they take away my Pontiac.. which i Pay for every month... Then I'll be pissed!