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View Diary: Teabagging GM (211 comments)

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  •  Why prop-up GM in the first place? (1+ / 0-)
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    WillR

    I do believe that GM will become a Black Hole of Government Funds, and in the end, will prove to be one of the greatest Boondoggles of U.S. History; like Amtrak, only with more zeros on the end of it.

    Can anyone here point to one thing that the Government does well, to even give me hope that I'm wrong here? SSI? Welfare? Housing? Amtrak? War? Law Enforcement? Anything?

    There are reports that Billions of Dollars have been wasted, lost, and misused with the Stimulus Plan, as highly paid lobbiests line the pockets of Congress, and the White House, plus wine and dine the Treasury, and the Fed for projects that even at best are Questionable.

    So why should I believe that GM will be different when they still hand out millions to the members of Congress? Because it's Politically Correct to believe so?

    In any event, I'm paying off all of my debts, and building as big of a crisis fund as I can, cutting back on as much as I can on everything, because I believe the worst is still to come, with a good chance the Repukes will regain Congress with all of this mess, and I'll need every last cent I can scrap together just to buy bread.

    •  United States Postal Service (4+ / 0-)

      That's one thing the government does extremely well. Far better than any private enterprise is capable of. Then there's Medicare, better insurance than any private provider can manage. There's also the interstate system. As for law enforcement, the government actually does a pretty good job, it's not like we live in a Mad Max type society or anything.

      Where's my god damn socialism?

      by Hannibal on Mon Jun 08, 2009 at 06:09:25 PM PDT

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    •  Wrong (0+ / 0-)

      Only 25 billion has been spent.

      Conservatives are not necessarily stupid, but most stupid people are conservatives. John Stuart Mill

      by Micheline on Mon Jun 08, 2009 at 10:07:29 PM PDT

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    •  Not Amtrak (0+ / 0-)

      Conrail

      That worked out very well... look it up!

      DARTH SPECTER: I am altering the deal! Pray I don't alter it any further!
      LANDO REID: This deal keeps getting worse all the time!

      by LordMike on Mon Jun 08, 2009 at 10:41:10 PM PDT

      [ Parent ]

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