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Posted by Rick on Tuesday, December 16, 2008 at 09:09:12 :
In Reply to: Crunching Numbers posted by copey on Monday, December 15, 2008 at 10:35:31 :
Just because the auto industry is on the losing side of the equation, does not mean capitalism does not work.
The auto companines made bets and came up losers. I can show finanical sites where people were warning of this coming for at least the last 5 years, no one listened and now we have to deal with the bail out.
As a non-auto worker, non-financial industry person who does not own a home I would like to know why I can only get 3% on my savings for doing the right thing. Why do I have to pay for others stupidity and mistakes?
I choose to go to college and improve myself. now I get to pay additional taxes to support thieves.
Rick