Name:   MartiniMan - Subject:   I'm neither happy or unhappy with the results Date:   2/9/2014 10:39:23 AM

What I did not like at the time and still do not like is the use of taxpayer funds to bail out private companies for taking unacceptable risks and getting burned.  Not only is it wrong in the first place but it creates the moral hazard that we are seeing repeated with big insurance companies now wanting the federal govt to bail them out for going along with Obamacare.  After seeing what happened with the banks they logically thought what the heck, we'll go along with this bill even though we have no idea what it means because if it turns out bad the taxpayers will once again bail out big business and this will be done by the Democrats. Imagine, the so called party of the people is really a tool of big business. One would think that we might agree on this subject. 

So GF, I know you posted these facts because from a purely superficial, emotional perspective it seemed like good news.  But as you can see, a thoughtful, logical rational examination leads one to understand that the paltry $12B return is immaterial to whether this bailout should or should not have occurred.  I continue to believe that it is almost always a bad idea to use taxpayer funds to bail out private companies that have engaged in stupid business behavior.  And even if there is a rare occasion when it becomes necessary it should be very limited and not shoved down the throats of companies that don't need the funds or want the funds.

Think critically GF......stop emoting.......and I drive a 2006 Lexus LS 430 that I bought used in 2007, not a Bimmer. We used to joke that the difference between a cactus and a BMW was that with the cactus the prick is on the outside.  :-). Apologies to all BMW owners.