Wednesday, April 01, 2009

Will we never learn?

I just don't get it. Months ago it was obvious that GM could not continue as a going concern. Yet our so-called 'learned' leaders figure pumping more of your money into GM and Chrysler would help them.

Any idiot could figure out that if GM needed $14 Billion just to make it through January, it's ability to continue without ongoing government help was highly doubtful.

Now, that money is more or less GONE.

We should have just let GM fail. All we did was prolong the inevitable and place the burden of doing so on our children's shoulders.

Thanks Canada... for friggin up my children's future.

I'll end this little post with a fitting quote:

The problem with socialism is that you run out of other people's money.
Margaret Thatcher

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