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GM governmental loan paid in full + interest.
#13
thecavemaster Wrote:Just so we're all clear, Right Wing Flirties: it is your position that GM should have been allowed to fail? The indicators are that GM is going to recover, going to become solvent and profitable. One would hope that they pay back the monies they owe via profits they earn, which, of course, requires some oversight and regulation. Picture a house on fire. A man in pajamas stands outside and waves the fire department folks go away, saying, "I am a libertarian."

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?
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GM governmental loan paid in full + interest. - by Old School - 04-23-2010, 07:24 PM

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