Quote:
Originally Posted by DGthe3
Hardly semantics to me. You don't have any obligation beyond your own conscience to pay back a handout (bailout). Loans are expected (and required) to be payed back, unless special agreements are made.
|
First... all the money came from the same place... TARP. It was all intended for banks, but it went to the auto industry just the same.
Second... the president just announced his plan for a
BANK TAX to get back the bailouts. I believe this administration feels that the banks are
obligated to pay them back. (hell he wants banks that have already paid it back to pay more)
Finally, regarding the GM prop up... I seriously doubt the governments ever expected to get that back. GM and Crystler went into
bankruptcy after the 'loans', which means we can't pay our bills even with the money you gave us.
Edit: I believe it was the bankruptcy that saved GM, not the 'loans'.
I'm sorry this thread degrated to this, but thank you for hearing what I have to say.