You are both forgetting the huge help GE got for its bad investments from the government this past two years.
Wasn’t it GE that owned one little bank somewhere and used that to qualify ALL if its bad debts for the bailout?
Screw GE and any other entity that got those dollars from the government. There was no reason a single dollar was handed out to any company.
If you made a bad investment, you should have to live by it—not make the taxpayer foot your bill.
“If you made a bad investment, you should have to live by itnot make the taxpayer foot your bill.”
I agree, but the “bailout” wasn’t a bailout any more than Health care reform was about health care.