All Things Jeep Blog & Musings

Should we bail them out?

Posted by Jean Wnuk on Sat, Dec 06, 2008 @ 09:55 PM

So, what do you think? Should our government bail out the automobile manufacturers. Or should we let them deal with the consequences of bad behavior?

I teach my kids about actions and consequences. But that's small potatoes. If they don't get their laundry done, the consequence is that they can't watch the Spongebob Christmas Special. It doesn't affect anyone else and no one loses their job. But if we let the manufacturers deal with the consequences, it impacts so many more people. Thousands lose their jobs, some many businesses are at risk. But those big three automotive manufacturers have now asked for $34 billion in government loans before the House Financial Services Committee. $34 BILLION DOLLARS! Astronomical numbers I can't even get my mind around. It's simply disgraceful that it has come to this and my gut says no, don't give them the money, make 'em go to bed without watching Spongebob, but my head says yes, give them the money. I don't want to see the after effects on the people of the country. Then again, my head says no and my gut says yes. It's a tough one. What do you think?