It would have shown some political savvy to have not used the corporate jets this one time. Oh well, they got their money - money that someone's great-great grandkids might have to pay back because it surely won't be the generation thats in charge now.
Since the Chevy and Ford got help, I'm wondering what the next company is going to be that will deemed too critical to our economy to allow to go bankrupt.
It's unfortunate that we have a bunch of politicians, most of whom are NOT economists, making monetary decisions for companies. If you make bad business decisions, you have to pay for them. Unless you're a bank or a car company.
3 comments:
It would have shown some political savvy to have not used the corporate jets this one time. Oh well, they got their money - money that someone's great-great grandkids might have to pay back because it surely won't be the generation thats in charge now.
Since the Chevy and Ford got help, I'm wondering what the next company is going to be that will deemed too critical to our economy to allow to go bankrupt.
It's unfortunate that we have a bunch of politicians, most of whom are NOT economists, making monetary decisions for companies. If you make bad business decisions, you have to pay for them. Unless you're a bank or a car company.
well.. it sure appears as though, even if we aren't going to buy their cars, we're still going to have to pay for them. sigh.
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