I always like hearing that the bailout was the right thing to do. To me that is because people thought some businesses were too big to fail, In the 80's Chrysler was in the same situation as they were a few years ago and even are today, but they solved it. The Titanic wouldn't sink either.
Businesses fail that is a simple fact.
Sambo you said the only one with funding was the gov, they have no money, they still have no money. The banks like BofA failed due to dumb practices, it is their fault not the taxpayer. If I start a business then run it into the gorund with dumb decisions it is not the Gov who should save me, either I get creative and fix it or my business goes away. Oh then we have the cry me a river about all the employees would be out of jobs, well it happens everyday and most of them do not have a union that has made sure they will get paid for a year even if they don't have ajob. Also there have been better car companies in America but the big 3 have done everything they can to run them out of business. People who are way more innovative than those idiots. Why do you think people prefer foreign cars now, they are more dependable, they have better quality, they have better technology. There have been American car companies that had things in their vehicles 40years before the others and yet they failed. Maybe we should have bailed all of them out as well.
Everyone needs to realize that saving businesses with poor businesses models will result in failing business again. Chevy failed got bailed out, failed on a huge scale with the volt even with Tax rebates out the wazoo, and they will fail again. Do we bail them out again? Do we bail out the banks for loaning out money to people on Unemployment again? While we are at it why don't we bail out pay day loan places I am sure they have taken a hit as well.
Let's just save the trouble have the gov run all the businesses. They seem to be very good at balancing the books and coming up with a budget.
But since this post is about Ryan, i will try to make it about him. Here is my new catch phrase.
"Paul Ryan, no matter what you say, At least he isn't Biden."