To save Detroit or not?

With all the talk of bailouts and Detroit I think it is time we really evaluate if it is good for us to give Detroit any money.  I believe it is time for a BIG change in Detroit.  If small business ran their companies like the big 3 run theirs we would have been out of business a long time ago.  Inefficiencies, large payroll costs, lack of forward thinking have killed them and if they can’t fix that then why let them stay in business (this is not a new issue that they are facing).  The result of them closing would be bad at first, but the American economy and people will move on and prosper!  Let them suffer their own bad management, why throw good money after bad money.  Not only that but if we do let one of them go down for their poor management then maybe the other two would wake up and try to really reform their businesses.  If nothing else it will alter the supply and demand equation thus making it easier for the other two to survive.  Give it a thought do you want your tax money going to companies that are poorly run and most likely will not change that fact?

 

Where does the Money come from?

With all the talk of bailouts – they never seem to stop!  Every time I hear about Congress spending more money one thought comes up.  Washington does not create any money, all the money that is there is because we paid taxes or fees.  So every time they spend money and put us in debt it has to come from us latter.  SO congress spends money and our taxes go up.  End of story – there is NO other way for Washington to get money.  So please if you are listening Washington STOP spending money.  Assuming they are not listening then it is up to us to call them and tell them to STOP!