I was hoping you'd have a real blog for this: For failing industries like the automotive and aircraft, etc... Negotiate with them and the oil industry to broker a deal where the "bailout funds" are backed by the "fuel" of sed industries. I don't want the American taxpayer to have to bear the burden of another bail out. Big oil owes America that much. In addition, by helping big oil backing the needs of the very industries that their very existence is dependent upon, I would think that both industries would be interested in such a negotiation. Furthermore, I think that the auto industry would be interested in establishing more fuel efficient and alternate powered vehicles in order to break free of the bonds of their financially bound debtors. I see this as a possible change in how business is done. In short I would like the market really take care of itself instead of “socialized” welfare for big business. Let the oil decide if it needs American cars, planes and trains. Let the shareholders see if they trust the financial institutions to build growth rather than gamble with imaginary money. Like many, I have lost money and trust in my financial institutions. But there will be no change if credit is extended to big business while people who really are trying to do the best they can in all honest measures are getting kicked out of their homes and losing their jobs. The financial woes of today are much like dealing with an addict. Would you hand out money to an addict who promises they will not (autonomously) spend it on drugs or gambling? The only real difference is that big business bailouts are far worse since we, our children and our children’s children will suffer for the benefit for the very few.
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