Dear Mr. President
04-03-2009, 10:43 AM
#1
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Dear Mr. President
30 March 2009
Mr. Barack Obama
President, Executive Branch
United States Government
Washington, DC
Dear Mr. Obama:
On your website today you write that "my administration will offer General Motors adequate working capital to continue operations for the next 60 days." Because you're a man of your word and you choose your words carefully, I trust that you mean here that you and the public servants in your administration will personally pony up the working capital for G.M.
That is, like, soooo cool!!
I'm psyched that an American president and his administration finally will help a struggling company by digging into their own pockets! Thank you, thank you, thank you for breaking with the capitalist/GOP/"free-market-fundamentalist" tradition of forcing me and other taxpayers to shovel money into the bank accounts of giant multinational corporations. Thanks for risking only wealth that is your own, rather than following the prescription of lazy-fairies like Milton Friedman who (I learned in my sociology classes and from reading Naomi Klein) believed that innocent taxpayers should be forced to serve Big Multinational Corporations.
I'm so inspired that you and your White House teammates will give G.M. the bucks it needs - give them from your own private funds rather than take them from from taxpayers! That's just, like, so progressive! What a change! I believe in it!
Sincerely,
Donald J. Boudreaux
Mr. Barack Obama
President, Executive Branch
United States Government
Washington, DC
Dear Mr. Obama:
On your website today you write that "my administration will offer General Motors adequate working capital to continue operations for the next 60 days." Because you're a man of your word and you choose your words carefully, I trust that you mean here that you and the public servants in your administration will personally pony up the working capital for G.M.
That is, like, soooo cool!!
I'm psyched that an American president and his administration finally will help a struggling company by digging into their own pockets! Thank you, thank you, thank you for breaking with the capitalist/GOP/"free-market-fundamentalist" tradition of forcing me and other taxpayers to shovel money into the bank accounts of giant multinational corporations. Thanks for risking only wealth that is your own, rather than following the prescription of lazy-fairies like Milton Friedman who (I learned in my sociology classes and from reading Naomi Klein) believed that innocent taxpayers should be forced to serve Big Multinational Corporations.
I'm so inspired that you and your White House teammates will give G.M. the bucks it needs - give them from your own private funds rather than take them from from taxpayers! That's just, like, so progressive! What a change! I believe in it!
Sincerely,
Donald J. Boudreaux
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04-03-2009, 11:00 AM
#2
Tour de Franzia
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your buddy George Bush bankrolled them first...so be as pissed-off as you want, there is no alternative. Don't believe that bankrolling big, dumb corporations is an exclusive Democrat idea. You have no options but bitching and moaning on either side. lose/lose.
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04-03-2009, 11:44 AM
#6
It's nothing political, IMO, it was just as retarded when Bush did it as it is when Obama does it. Government has no business bailing out private industry. Especially a corporation that is so far gone that no matter how much money is dumped into them, they will fail, they will file chapter 11, they will reorganize, and the "loans" will never be repaid. The money is doing nothing but prolonging the inevitable and when that time does come, it's going to be much bigger and more costly than if the government had just let them go under in the first place. 
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04-03-2009, 12:48 PM
#9
Too big to fail is morally wrong, however it does have sound logic to it. However difficult the decision is, I think it had to be made.
I think this has a place here.
Jonathan Haidt on the moral roots of liberals and conservatives | Video on TED.com
I think this has a place here.
Jonathan Haidt on the moral roots of liberals and conservatives | Video on TED.com
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04-03-2009, 01:17 PM
#10
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How about "too big to survive?"
And when the UAW, the bankers, and the largest corporations have purchased influence from the policy makers on both sides, the coffers will be drained for their behalf. And the taxpayers be damned.
And when the UAW, the bankers, and the largest corporations have purchased influence from the policy makers on both sides, the coffers will be drained for their behalf. And the taxpayers be damned.
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04-03-2009, 01:56 PM
#12
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wal-mart is huge and is giving out 200billion in bonuses and contributions this year to its employees.
plus they hire like crazy and offer cheap *** products....**** executives.
plus they hire like crazy and offer cheap *** products....**** executives.
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04-03-2009, 02:12 PM
#15
They hire people like crazy- part time. Pretty much allways part-time, so they don't have to pay benefits.
Wal-Mart publishes documentation for their employees describing how to get on government assistance. And from reading your incessant political commentary, I know how much you love people on gov't assistance.
Wal-Mart is a terrible company.
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04-03-2009, 02:30 PM
#16
2 Props,3 Dildos,& 1 Cat
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They hire people like crazy- part time. Pretty much allways part-time, so they don't have to pay benefits.
Wal-Mart publishes documentation for their employees describing how to get on government assistance. And from reading your incessant political commentary, I know how much you love people on gov't assistance.
Wal-Mart is a terrible company.
Wal-Mart publishes documentation for their employees describing how to get on government assistance. And from reading your incessant political commentary, I know how much you love people on gov't assistance.
Wal-Mart is a terrible company.
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04-03-2009, 03:05 PM
#20
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The armed drone had Bin Laden in its sights, all it took was an executive order to fire. The incremental cost of one load of armament would not have blown the budget. Especially considering how much has been spent after the fact to repair damage caused by Osama and his cronies, not to mention the money spent on the post 9/11 manhunt. Nice try though.
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