Yeah, how about that GM? Love me some GM. In fact, I love GM cars so much, I decided to own a piece of them. Oh, and so did you. GM went in for bankruptcy today, and the government has agreed to give some 50 odd billion dollars to keep some 50 thousand jobs. Wait… how many jobs have been lost this recession? 3 Million. So effectively what the government is doing is saying that if you work for a car company, your job is more important than any other job that has not been bailed out. Despicable. If I would have lost my job (which I currently have none), I would be completely outraged by the governments actions. Why bailout a failing automotive company, but not bailout someone that makes an honest living? It just doesn’t make sense. There is no such thing as "too big to fail". That phrase is just an excuse for congress to put their hand in large corporations. Oh, but there’s a bright side right? President Obama has "no interest in running GM"? Yeah right. I wish. You can bet a pretty penny the government is going to have some HEAVY influence on what type of cars GM and Chrysler makes. You don’t think they’re just going to hand them $50 billion on good-will, do you? HA!

I don’t want to sound like some anti-democrat, "this administration is for socialism", kindaguy, but whatever happened to capitalism? People will never learn from their mistakes if you bail them out. Is it not obvious that they’re just going to want another bailout when they run into some more trouble down the line? It’s just preposterous.