Bailouts are not a solution to the economic crisis. Why just stop at one company when there are dozens of others that are dealing with financial hardship too? When favors are given to one group then others automatically line up also. This will continue as long as the government continues to make promises. The original bailout plan has already been corrupted by political interests. For example, Farm Aid is already pushing for part of the bailout. Good politics is rarely based on good economics. We are on a very slippery slope!
Filed under: Taxes