HA! Great question...the thinking must be, it's okay to drive a Honda, but it's not okay to get a loan from Japan?????
I was against the bank bailout...we are now printing money (literally) to pay bad debts. In the history of the world, the only thing that kills a society faster than that is war.
Gonna be a fun 10 years ahead of us!
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Originally Posted by Blue-S
Where was all this "let the market decide" sentiment when the bank rescue package went through? Did the banks not put themselves in a poor position by loaning money to people that could not repay, and then packaging those loans into financial instruments so complex that it is difficult to determine just how screwed the investors are? Maybe the lack of outrage is because there are no unions involved...
BTW -- To keep this on topic: don't buy GM stock.
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