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

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.

oh, and in for some bullshit about how Reaganomics "worked." lol

When people buy Piss Drinkers they don't expect a FREAKSHOW!

hey, talk all the trash you want about George.....atleast he captured Osama Bin Laden. Oh wait.......

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. :2cents:

NO, that was Clinton, but he let him go...

I'm currently rending a dodge caliber...they deserve bankruptcy. My 20-year old car is better thought out than this modern shitbox.

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

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.

so what if my parent business started to go under? does that mean the government is gonna help them out. cough.. socialism...

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 ass products....fuck executives.

Are you trying to say that Wal-Mart is a good company?

on paper, yes.

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.

parent's business? depends, will it put half a million people out of work and make a huge dent in the economy?

not to mention it's basically China's way to drive their working population into poverty.

Clinton had his finger on the trigger and could have taken out Bin Laden in 98, but was too busy sticking cigars in interns to be a man and help out the world.

fixed.

i thought it was getting blow jobs...he did eventually intervene and stop the genocide in Bosnia/Serbia and shit.

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.