Quote Originally Posted by TIGERJC
I believe congress approved 700 billion in bailout, like it or not the money will be spent on compaines. I think that money should have went to buiulding up u.s. infrastructures and also develop our own energy. But b/c that money will not be used I rather that money go to a industry that really needs the help, b/c a lot of people will be affected if they go under. Also more gov't oversight will come with the bailout which will hopefully stop this from happening again
Your explination makes no sense. You do realize that any "oversight" made over money lent to corporations still doesn't effect how the company is run or how it is structured it just makes sure that the money doesnt go to places it shouldn't it still doesn't fix the underlying root problem of the fact that whatever business plant that a company is using doesn't work. If that's what you want let's just spend all our money for the next 2 decades and buy up every major corporation and run them.

Cause that would really work considering Social Security prolly won't be around for either of us.

I agree with you the money should have been spent internally.

Does it suck that people are losing their jobs? Yes but what good does it to do to just keep throwing good money after bad meanwhile nothing changes.