Tag Archives: bailout

Let us suffer

I just got a letter from one of my Congressmen telling me that he is in favor of a certain version of the “stimulus package” that leans toward lower taxes instead of increase debt through the dispersal of inflated monies. Here is my response to him.

10 February 2009 – 10:46:27 | By Jonathan | Posted in Economics, Financial, Political | Tagged , , |

I oppose the $25 billion bailout

Congress wants our opinion on the requested auto industry bailout. DOES THE AUTO INDUSTRY NEED A BAILOUT? The big three automakers say they need $25 billion in emergency short-term loans to avoid bankruptcy. Opponents say we shouldn’t reward poor management. Some in Congress say if we do provide loans we need to attach conditions such …

18 November 2008 – 13:49:32 | By Jonathan | Posted in Economics, Philosophic, Political | Tagged , , , , , |

The Federal Bail-out is a Bad Idea

I should not need to remind anyone, but the following is my own opinion. You mess with nature, you reap the storm. Survival of the fittest. If a company is going down, they need to go down. Bailing them out will not teach them anything. If we give our kids everything, they will not learn …

02 October 2008 – 09:33:33 | By Jonathan | Posted in Financial, Political | Tagged , , , |