Posted by: jhamon | May 31, 2009

GM: Three Questions

UPDATE:

RASMUSSEN: Just 21% Favor GM Bailout Plan, 67% Oppose. Apparently, the people are onto this ruse.

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Regarding the imminent bailout of GM (due Monday) Richard Posner, a man certainly to the left of me, asks three questions in the Atlantic:

1. Should GM have received any government money?

2. Should the government acquire common stock in GM?

3. Should it invest in GM?

We have grown immune to GM after a half a year of drumbeats and negotiations, but the consequences of the decisions being made will have long-lasting repercussions throughout our society.  Read Posner’s piece here.

From my buddy J.D. (who sent me the original link):

It is time for the citizens of this great country to hold our elected representatives accountable.  Please join me in writing your congressional representatives, as well as the administration to express your views on how they are spending our hard earned money.  If you need their email addresses, you can visit several different websites:

http://www.govtrack.us/

If we want to prevent bad things from happening in our country, we need to become more active as citizens, and the internet and email technology provides a VERY efficient means of a) being informed, b) making ourselves heard, and c) holding our elected representatives accountable.  Please join me in accepting the civic responsibility to do these 3 things, so that we can get our country back on track towards one we can be proud of.

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