Worldview Item of the Day
Congratulations! Pending judicial approval of a potential General Motors bankruptcy filing, as a taxpayer, you will own 1/138,000,000 of that company’s “healthy” assets.
In other words, the federal government has promised to buy a public company and make it, essentially, a wholly owned subsidiary of the government. The same government that cannot figure out how to balance a budget or make Social Security solvent. Yes, that government.
There is a silver lining to this kind of government excess: as it takes over more and more of the parts of the economy that once made America great, it will force more and more people to look for alternatives. I recommend looking into local economy, because local is an economy that benefits you directly.