Sunday, May 31, 2009

When do you shower?

It should come as no suprise that those who take a shower before they leave for work are being treated, by the Federal Government, better than those who shower after they come home form work. What I mean is that banks get 700 billion dollars, while auto makers get 30 billion. That hardly seems fair, when those same banks could forgive the auto-makers debt. Also the auto industry employees three times as many people as the financial indstry; in fact auto-makers are some of the banks biggest clients.

Why is a semi-socialized banking system OK but the same is not acceptable for the automakers. Unlike Citi, GM didn't have a bad business model. This hardly seems fair.

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