Just to play along here, what happens to the hundreds of thousands of employees at GM alone, not to mention the other companies? What do you do with all of these unemployed people that can't pay their mortgage, can't buy consumables, etc.
I don't work for GM. What exactly would you expect when I
get fired? Oh, you're right, I can't pay my mortgage, can't buy consumables, etc. Why would a GM employee be any different, or expect to be held in some high esteem because taken collectively all GM employees comprise a large impact to the economy? Give me a break dude! Is it my fault (or yours or any other taxpayer's) that GM was run by bad management and greedy unions? What a bunch of garbage.
Trying to compare Nick's business to GM is absurd. Besides, Nick is perfectly eligible to obtain small business loans and such if he wants them.
It's not absurd. Nick's business is a BUSINESS. If he runs it like shit, it fails and he and his employees go hungry. Please explain why GM employees are preferred, special employees. GM COULD get loans, if their credit rating wasn't in the toilet.
I don't like the fact that we handed them money at all -- at any time. The point remains though that our economy cannot afford to allow companies of such size and impact to go under. It just can't happen or we'll collapse entirely.
LOL. So you're saying the money is actually saving GM? No, it's not. What it's doing is giving them a temporary shot in the arm while management does all the painful cutting that they were responsible for PRIOR to getting into deep financial shit. Unfortunately it will probably fail anyway.
FYI - "bailing out" the banks pisses me off a LOT more than GM.