Tag Archives: bailouts

Rewarding Bad Behavior and Irresponsibility

As the Federal Government is rewarding the bad behavior/irresponsibility/stupidity of banks, automakers and other industries, I’m wondering why the bad behavior/irresponsibility/stupidity of consumers isn’t rewarded or bailed out.

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Bailouts in general…

Isn’t it odd we’re not hearing word one about the fates of the senior execs at companies who got them into this trouble. There are passionate arguments on both sides of this proverbial coin, but I’m wondering what these top … Continue reading

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CitiGroup

I suppose the government plans to bail out just about everyone…except consumers. Now CitiGroup with a $20 billion direct investment and more than $300 billion to back loans and securities. You know the auto industry’s going to get more dough … Continue reading

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The Auto Industry

Now I am a Democrat and I’ve never voted any other way. But I am also appalled at the support for injecting the auto industry with up to $50 billion, without completely revamping the senior management teams at each of … Continue reading

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