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Originally Posted by ar81  Wealth distribution in US is done via employment, not via government bailout to citizens. |
I'm in favor of the US government taking an active role in bringing the country out of this recession. That role, in my opinion, should take a form where the government gets some benefit from the money used.
Bailouts just don't provide any mutuality.
If we want to be fair about it, let's buy the equity of a car company with preferential dividends, voting rights, and future stock options. As part of the agreement, they must show an ability to operate their business at a gain given the influx of money. Perhaps we insist on getting rid of the current group of officers, as well... If the company goes bankrupt, well, we gave them the bailout we're considering. If the company functions at a profit, then we've managed to get a decent return on the investment of taxpayer money.