I don’t understand this — US banks and insurance companies want the taxpayer to bail them out. US and Canadian automakers want the same.
They have more debts than they have assets/money in the bank. And (for the US automakers in particular), they spend more mney than they bring in.
Fine, how about us?
I’m sure we’d like our debts paid off. Or a government loan to pay down high interest debt.
The automakers and CAW are messed. They want Jane and Joe taxpayer to foot the bill for their unfunded pension debt.
I know MANY wokring people without a company pension plan. What about them?
I guess the way to succeed is to get too big and then whine for the government to bail you out. So much for the little guy or small business owner, tough on her/him if they need help.
