The United States Government has invested billions of tax payer dollars into GM, Chrysler and Ford. I personally been against the government being involved with private industries and financial institutes.

Did you know that when a individual or corporation files for bankruptcy their dept is erased and their assets are liquidated.

How much of that money will the government get back?

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While never having to look back at any of it’s obligations on hand at the moment; or get a bailout from the government in order to continue business. All of this is business as usual, and the entire charade is not be frowned upon. Yet, an individual who has to file for bankruptcy has so many hoops to jump; let alone doesn’t have the option to change their name, move to another state, and start over with a new Identity…even when it comes to paying state taxes?

Should Corporations have the same hardcore loops to jump through as the average American taxpayer?
Sohale-

I guess my real point is the fact that companies have closed down, filed bankruptcy, and started a new without having to pay state taxes; not to mention leaving people empty handed (customers) while tax payers foot the bill…A good example would be GM. Even if they go under, the American taxpayer will be stuck with billions they will not be able to pay in taxes. However, in order to stay ‘viable’, the American taxpayer is again stuck for billions, while at the same time individuals still profit…

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I know you are dying for those great Republican leaders to return to office, but hop on my magical carpet ride and let’s revisit the days of President George Walker Bush:

–Fraudulent, needless invasion of Iraq off cooked intelligence
–hijacking of the surplus Clinton left him
–Medicare reformed that fattened the pockets of Big Pharma (and drained our Treasury of billions)
–Silly idea about reforming Social Security (hilarious how the markets collapsed right after his tour)
–complete collapse of the global economy
–car companies going bankrupt
–insurance companies going bankrupt
–banks going bankrupt
–airlines going bankrupt
–torture
–military procedures ruled unconstitutional by Supreme Court
–unfunded occupation in Afghanistan (because he was too busy looking for those fairy tale nukes in Iraq)
–lied to America about the purpose of TARP (his 700 billion dollar bailout program)

Need I say more?

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It’s a matter of pay now or pay letter. Republicans are all for lower taxes and smaller government except when their greed gets them in financial trouble.

Here is the issue that you are dealing with… Since the Stock Market collapse of 1929 a system of checks and balances was instituted as the economy grew to keep greed in check. However, after Ronald Reagan took office and developed the theory of Trickle Down economics, They began to chip away at several levels of checks and balances. One of the first levels that they attacked were the Unions. Unions offered a level that reported abuses in the labor market. Second was deregulation where they actually removed regulation by allowing business to move off shore where inspection and over sight where non-existent… then they moved to gut the budgets of regulatory agencies that were left, to stop over-site. Usury laws were thrown to the wind and bankruptcy laws were changed to protect the rich. (Look up Usury Laws)

Example: There are only 8 inspectors for all the livestock sold for food in California. Providing 30 percent of all the meat eaten in the United States and exported.

The result is that you have lead painted toys for your children to play with, food is polluted with chemicals and Salmonella and Wall Street Collapses in a heap and your 401K falls through the floor while Oil prices shoot threw the roof because they changed the rules to allow speculation in the Oil market and fought alternative energy. All the while the Republicans keep claiming your taxes are to high and the reason is it’s Ear Marks were causing it which equal less than 1 percent of the US budget .

We need to start thinking smarter and get back to enforcement of good sound banking rules and reduce greed out of the equation. We need over sight at all levels of both government and business. We need to pay those taxes necessary to enforce regulation and stop investing billions in "Wars to No Where". Think where we would have been financially if we had not swallowed "Georges War to No
Where" based on a lie.

Wake up America!!! Obama for President

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Where are those billions all the Democrats were willing to send?

And who said don’t throw good money after bad?

Another true statement, the Government doesn’t creat jobs.

Stimulus is being spent unemployment still going up.

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How do you explain yourselves, having wasted millions of dollars for a worthless company?

I STAND CORRECTED…..BILLIONS!

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