Apparently Detroit is getting desperate for cash and one city councilwoman believes Obama should bail out Detroit because they voted for him:
I know what happened. I bet this councilwoman has been getting advice from the Obamaphone woman. Ha!
But really, bailouts just keep irresponsible people from actually fixing their problems. That’s why the stimulus didn’t work because it was in effect a bailout for state governments who had budget issues. The GM bailouts didn’t work either because the company eventually had to file bankruptcy anyway, under the leadership of the White House that had given them 2 bailouts.
But hey, when you aren’t spending your money you don’t care where it comes from – which is why we are in the shape we are in.
About The Right Scoop
Blogger extraordinaire since 2009 and the owner and Chief Blogging Officer of the most wonderful and super fantastic blog in the known and unknown universe: The Right Scoop