Every one of us should be given a brand new GM car.
GM is expected to finally enter bankruptcy Monday, at which point our government will assume 60% ownership of the automaker. And by government I mean us, taxpayers, whose money, tens of billions of dollars, is being used without our consent to prop them up.
Government Motors, formerly General Motors, will be able to stay in business thanks to our money, paid in to the federal government via tax revenue, and distributed by the federal government to an ailing company to keep it afloat. Generally if an individual wishes to invest in a company, they may do so at their discretion. In this case, however, we have no say in the matter.
Never mind that in doing so, the Obama administration is interfering, possibly permanently, in the free market by essentially choosing which company succeeds and which fails, despite their actual performance. The repercussions of this will likely be enormously disastrous and will be felt for years, possibly decades.
Therefore, since it is our money which is being used to keep GM in business, each one of us should be given a brand new GM car. Call it a company car if you like, since it is ostensibly our business now.
It's our money, now it's our company. Make mine a Corvette, and I'll take it in black.
Sunday, May 31, 2009
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