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Auto Bailout, yea or nea?
Since we've already allotted 700B to socialist bailouts, I'm not quite sure how 25B of that pot is a bad idea to save and industry, this if destroyed, would basically bankrupt the state of Michigan as well as a couple thousand supply chain companies. IMO not passing a 25B loan to GM and Ford would be a bad idea. Of course, there should be rules/regs in place...and IMO Chrysler deserves none of it (privately owned = your own damn problem).
Again, this goes 100% against my Libertarian beliefs but apparently the country is all for handouts, so roll with it. We'll see I guess. Give it up to Ford who, of the big 3, is most solvent as a company!!
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An unwavering defender of those I see worth protecting. "promote the general welfare, not provide the general welfare" We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. |
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