What do I think about the proposed bailout? No. Never. Nada.
As someone who has a college education, I find it ridiculous that someone who never attended college makes more than I do. Doesn't this send a mixed message? I thought college grads were supposed to make more money than people who aren't college grads. It doesn¢t take a college degree to operate a robotic machine, and doing that task doesn¢t warrant a job that pays upwards of $25 an hour.
In an article in the November 12 Journal Gazette, Nancy Pelosi said any assistance to the auto industry should include limits to executive compensation. If the factory workers expect huge buyouts, do you think the executives are going to be any different? Hell no!
A free enterprise system doesn't rely on government to bail out businesses. If you can't run your business competently, you deserve to go under.