I’m not just saying government is bad now. I said it then. I cheered from the rooftops when the bailout was initially defeated in September. Then the worthess polititcians (of both parties) twisted arms and put in sweeteners to get it passed. Then we had the ridiculous stimoulous bill, which was written behind closed doors and wasn’t allowed to be read or amended. So now the politicians are covering their asses.
Last fall we were told that AIG is too big to fail. Nonsense. It should have been allowed to go bankrupt, then all contracts would have been null and void and there wouldn’t have been any money for bonuses.
But we didn’t choose that path. The government should not be an owner of any company. It’s dangerous.