I never wanted to say "I told you so."

So I'm watching the news today and guess what. Now the Gov't instead of bailing out the bad loans, now they are still pumping money into the banks for people and businesses to get and survive.

Now on the surface this looks great, but all you are doing is prolonging the inevitable and this will make things far , far worse when the bill for all of this comes due.

To make this even better now they are looking into saving the Auto and the credit card industry. I say let the close minded, ignorant auto industry die. Don't tell me they haven't seen the writing on the wall. The US auto industry has been in a world of hurt for a long time now. Making more efficient engines and then turning around but turn around and have them push out more horsepower totally negates any improvement to the vehicle, so at best you get a draw. While on the other sides of the world manufactures are out there keeping the same horsepower and turning the effency way up , and moving in on alternative fuels.

The Auto Industry is one of the key problems with progress in this country. Years ago The Peoples' Republic of California passed a law that the auto makers had to develop alternative fuel cars in order to sell current cars in the state. It took time but the Industry actually had a few models that people loved and used everyday. Then the Auto Industry finally threw enough money at Congress and had the law revoked. Letters went out to the owners of the Electric cars and they were informed that their vehicles are being recalled. It didn't matter if they were great cars, ran fine. They were leased and like it or not they were going back to the Company.

What happened to them? They were crushed. Right in front of their former owners.

Now to the problem at hand. The Auto Industry has cried for years now that converting plants over and training the work force, unions, and retirement pensions cost them too much. You know if they would have started to modernize and keep up with the competition overseas maybe they'd have a fighting chance. Instead the Gov't will be acquiring a stake in the Auto Industry, which will to all of us mean a new socialized car to go to work in, to pay off our Gov't owned credit card now aka ration card...I mean Freedom Card. All of this and Gov't owned home. AWESOME!!!