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hairracer44 (Offline)
  #3 12/12/08 12:53 PM
Todd I appreciate your thoughts on the big three but to be honest I truly don't believe that the big three will go completely under. What they need to do is file bankruptcy and reorganize as many business in the past have done. They have gotten themselves into the situation they are in and need to look at what they have done wrong. If this means that Chrysler and GM need to merge than so be it.

As far as the government bail out you have to ask yourself were does the government say no to bailing out companies. I saw on the news last night that the RV industry is now asking for help, and who will be next.

This brings up my next question with the government in a record deficit where are they going to get the money to bail all these people out. As the government prints money the dollar decreases in value and if they opt to barrow money from other countries we only dig the United States deeper into debt. The deeper into debt the government goes the higher your taxes go. It turns into a viscous cycle. At some point in time we have to take responsibility for what we do. If I go out and get myself 30 or 40 thousand dollars in credit card debt I am responsible for that debt not you or my neighbor or the government.

We as a country and in our business and personal lives need to take responsibility and quit thinking the government owes us and is responsible for use.They are responsible for nothing other than making sure we are not denied our basic right as written in the Constitution. They are not responsible for my bills or the bill of anyone else or the bills of a company that was miss managed.

I don't want to get off topic but We have a right to the pursuit of happiness we are not guaranteed happiness.