Our government is out of control and we are going to crash and burn with them. Read the article below.
The article starts like this: Congressional Democrats are pushing legislation to send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies.
Does anyone see a problem with this? Anyone....please anyone. Let me point it out "in exchange for a government ownership stake in the Big Three car companies". The government wants to have an ownership in the auto industry. The free market as we once knew it is going to be gone if this keeps going. This is the craziest thing I have heard and where will this stop. This is the new generation that has been voted into our government? Our kids are going to be in debit beyond imagination. Did you know the government has also given GE 139 Billion dollars? For what...more wind power and florescent lights? Are you kidding me! Wake up people, this is going to hit us like a freight train and we are all going to be looking back saying "what happen to us"?
http://news.yahoo.com/s/ap/20081112/ap_on_go_co/auto_bailout
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2 comments:
Wonder what would have happened if tax payers got the bailout instead. Figure it would be around $300,000 a person. Wonder if that money would go towards paying off debts, buying car and other items, generated sales tax would fund programs, etc. Just curious.....
That has been mentioned before, but we all know the government will not let us have that much power. They cannot afford to allow that to happen. Think about it, people could come together and buy business, build new businesses, and so on. That means the government could not buy into companies like they are trying to do. They would be allowing us (the people) to do it. I wish it would happen.
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