Auto Bail Out

I'll keep this one short. The potential Auto Bail Out is the biggest bunch of bunch of crap I've heard in a long time.

Point 1

The bail out is not the American thing to do, it is the stupid thing to do. As an American (company, businessman, entrepreneur, or otherwise), you can not go on year after year making a product that your American consumers are buying less and less of. That's not American, it's foolish. America is an innovation powerhouse; (businesses) get on that train or get left behind.

Point 2

Honda, Toyota, and BMW (at the least) have manufacturing plants here in the USA, with Americans building those cars. I do not see them lining up for a government hand out, and I would bet the farm that sales are down.

Point 3

The economy is down, and it's hit my business too. People are spending less, paying invoices slower, and everything in between. Should I line up and ask the government for money? No! You, me and anyone else with a business has to adapt, not whine off crying to mommy government saying give me money, or jobs will be lost.

Economy or not, if you aren't making product people want to buy, your business will decline; it is as simple as that. All this lining up for the bail out buffet is absurd.

Tuesday, November 18, 2008 in Wall Street
 
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