I am sick of the government bleeding itself dry with my money. I just mailed all 3 of my congressmen (and women) to be sure he (or she) votes against the great automotive bailout. I will even call them Loretta if it helps.
Anyway, it's easy just click here and bitch away. You can even steal my message if you so desire:
I will try to keep this short and sweet. I am against bailouts. I am against all of the bailouts that have been done so far and I am against all of the bailouts you would ever plan to do in the future.
Let me assure you of one fact: Any future bailout you vote for will result in me voting for "the other guy" -- no matter who that other guy may be. I have no desire for the US Government to become more socialist than it already has become -- and it currently is as bad as it has ever been.
Please rest assured that the current housing troubles are not due to "the greed of Wall Street" -- but are due to the incompetencies and regulations of Washington DC. I cannot imagine that you could promote home ownership through the CRA, Fannie Mae, Freddie Mac and the absurdly low interest rates of the Federal Reserve and then be surprised and shocked that the industry fell. The only thing that would be worse is if you did not learn from the mistakes and continued along the same path. And it seems that is exactly what you plan to do.
The next bailout on the radar is the "US Auto Industry." Rest assured, GM, Chrysler and Ford are NOT "the US Auto Industry." They are a mere part of it. Toyota Hyundai, Honda, BMW, Mazda, Mitsubishi, Subaru and Mercedes-Benz are probably not pleased to hear that their plants here are not considered to be part of "the US Auto Industry." And they certainly should not be punished for being successful by you promoting automakers that are NOT successful.
I have heard it argued that you must bail out the big 3 -- because no one would buy a car from someone that went bankrupt. Well count my voice as someone that will not buy a car from someone that was unfairly bailed out with my tax dollars.
Say no to this bailout. Say no to future bailouts. Stop interfering with the economy and let it heal.