Wednesday, June 3, 2009

Math vs Ideology?

Is anyone in Washington doing the math these days? Take the GM bankruptcy issue for an example, my five year old grandson knew that it was apparent that GM wasn't going to make it in its present financial state, but our Federal Government gave them a Christmas Present of $18 Billion and now that they are going bankrupt the Fed's are printing up another $18 Billion.
I never knew that you give a company money to go bankrupt in the first place. What does that come out to per remaining employee of GE ... $100,000+ ??
No accountability and eventually it will kill us even more with much...much... higher interest rates with little available credit!

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