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GM governmental loan paid in full + interest.
#14
Old School Wrote:Is it your position that every business large or small should be bailed out even if there's gross mismanagement? or Should every citizen be bailed out whenever they fail to manage their own finances?

Should we be responsible for everyone who can't or won't properly manage their finances?

Just so we're clear, and crystal, your continual either/or, black/white reasoning is flawed. The issue isn't that because we bailed out GM that Fred and Mary Krump, wasteful spenders and extrvagant borrowers now get bailed out. GM is a huge automaker that casts a huge boulder of ripple in the economic pond. No, we should not be responsible in your above rhetorical for each and all instance of mismanagement. However, surely we can make distinctions broader than you're either/or parameter indicates.
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GM governmental loan paid in full + interest. - by thecavemaster - 04-24-2010, 10:29 AM

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