Silverado "top truck"

travelnutz wrote:
spoon59,

Sir, you surely do have a warped sense of how a free-market economy works! By not helping a huge corporation like GM to remain viable whether by loans or bailouts, the economy would shrink drastically and your example of a $200,000 house would have slim to zero chance of being worth $500,000 in anyone's lifetime. A shrinking economy is NEGATIVE growth and citizens/persons not working are a further drag on a shrinking economy as they produce zero goods, receive no paycheck, pay no taxes, and will qualify for welfare which is even a further drag on a failing economy. Just where do you think the growth will come from to make $200,000 grow 2.5 times to $500,000?

GM's bailout was a very small fraction of the bailouts the banks, Freddie mac, Fannie may, Ins and investment entities, etc and that's taxpayer's money that will likely never be repaid! It was the housing market relaxed rule issues that actually caused the deep recession and then took the U.S. automotive industry with them. It all came to a head at the same time!

Try waving the whole dog instead of using the end of it's tail to wag him! The auto bailouts really went mostly to the unions to soften the years of false promises in the contracts and very little went to the corporations. The investors are the ones who actually took it in the shorts!

You sure could use a real course in economics 101 as it pertains to the U.S. economy and marketplace!

The GWB Great Recession cost the US 22 TRILLION what doesn't everyone not see in that? If the bailout had not been there you could add another trillion or more to that.

Now can we sit here and wait for those new 2500 GMC diesels???