GM and Chrysler Bailout?

[skiairplane]

Ok, I was mixed on the first bailout for these guys. Now they want $16.6 billion more? What is the real deal here? How can we all afford this? Hearing this just angers me. I feel now we are throwing money into a black hole. Am I not seeing the big picture here? I mean how much money are we going to give these guys? How about bailouts for other industries. Something just doesn't sound right. Thoughts?

 

[deonejuan]

I don't like it, but, we won't know the full scenario until the recession (or depression) ends. None of the federal subsidies effect my situation in life. I don't have a house, I'm not going to college, I could never afford an electric car. The government claims we are saving capitalism.

You can bet some criminal intentions are being initiated. I hope we catch some of the criminals later on.

But, the raw fact of the matter is: government is dictating who is a 1st Class Citizen and who isn't.

I would have prefered the money was spent on mass transit to be more inclusive of all citizens.

And, put a grasp on those numbers -- if you spent 1 billion dollars, at a dollar per second, 31 years later you would still have a few dollars left over to keep spending. 1 billion seconds is just over 31 years.