Sunday, March 01, 2009

Who Should Pay for This Crisis?

If we don't stick taxpayers with the bill for the bailout, who should pay for it?
Why isn’t the oil industry bailing out the auto sector?

Just one year’s worth of profits for the oil industry is approximately three times what the auto industry is asking for in their bailout package. If these five companies bailed out the US auto manufacturers, they would still be able to report billions in profit.
Sounds like a natural pairing to me. Conservatives are always saying that private industry can do the job better than government. Put up or shut up.

So many novel ideas. Adversity inspires creativity.

1 comment:

List with Laszlo said...

This would make too much sense. More cars = more gas= more profit.But hey, why use your own money when the government will use/steal ours and do it for them.