Quote:
Originally Posted by syr74
Again, I'll disagree with that completely just on the basis on a lack of understanding, IMO, of exactly who the government is. That guy in Washington is called a representative for a reason, he isn't the government, we are. He simply represents the interest of the government, which would be us, or at least he is supposed to represent our interests.
I already covered what I think GM owes above, and I think it not a whit unreasonable.
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I don't disagree with the fact that we are responsible for putting in power the ********* heads that chose to bail out GM. But after those ************ heads are out of office next term, GM is still on the hook to make the gov held stocks profitable.
WE the PEOPLE will never see a dime of that money. It will never return to us as a tax break or incentive of any kind.
It will simply go to the treasury to be used for whatever they deem necessary.
But to think that GM owes us buy giving away product is putting the cart before the horse... they must be profitable, that is the best way for them to repay our government's investment in them.
if it had been up to the people GM would not have been bailed out. The polls showed that pretty clearly.
The lobbyists for the auto industry and the unions convinced our elected officials to bail out GM Dodge, and yes even Ford. If anyone owes us it is the lobbyists who convinced our elected officials to do something against the peoples wishes.