Quote:
Originally Posted by Bhobbs
I don't see how "promote the general welfare" can be stretched to mean buy into a company at one price and sell it back later at a loss. Besides, I don't see any part of the Constitution that grants them the authority to bail out anyone.
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Wasn't necessarily saying it was or wasn't. So tell us what you think those limits are. Someone implied the governments job was defense.
I think regardless the government was funding the bankruptcy. There was no bank that had it to lend at that time. And I understand everyone's issues. But since we can never prove what would have happened if GM went through s normal bankruptcy it's easy to argue against what did happen.