Originally Posted by ForYourMalice

Because that money is not tied to anything - it is artificial - they print it out of thin air. The poisonous Fed has pumped well over $1 trillion of this kind of money into the system in the past few months. What does this cause? Inflation - a gigaton worth of it. In fact, many well respected economists feel that we are in the verge of hyperinflation, and more bailouts would make this all but certain. The dollar will plummet in value, and that will remove the US from the global economy - a result much worse than GM eating a bullet (although this would be harder in the short run).

Wow, way to entirely miss the point. GM's cash problem has been rapidly accelerating to the point that IT MAY NOT BE IN EXISTENCE LONG ENOUGH TO MAKE THE CAMARO... or any car for that matter. You can call BS all you want, that doesn't change the facts surrounding their situation. Its the 11th hour for them.

Originally Posted by guionM

The real dangers are Deflation, Underfunded government. But the worse by far is a population that's so uneducated and so intellectually unintrested in actually taking the time and finding out facts that they'd rather parrot what some shrill says or is far more intrested in carrying some imaginary conservative or liberal banner and espouse ideas that would exasberate problems or even collaspe the United States' economy.

Federal expendatures go ballistic when the economy goes down. Money goes out to the unemployed, various state agencies, and troubled businesses while money coming in as taxes plunges. That can be answered in 3 ways: Increased taxes, increased borrowing (most likely from China), or increase the amount of money in circulation (lowering the value of money and risking increased inflation). Pumping money to fix the problem as fast as possible is the best answer to minimize those 3 actions.

The issue here is simply getting loans. Loans to buy cars & homes, run businesses. Things that create the need for production and work. We get the money flowing, we get the economy moving.

If we don't, we're in deep doodoo.

Originally Posted by snooter

ahh..like you guys should learn how to build a product that people actually want to buy that is not in for repair 3 months after purchase?...

Originally Posted by AZ2ENVY

If I knew where you were I would honestly slap the **** out of you
for disrespecting Scott Have some respect you SOB !

Originally Posted by ForYourMalice

The unfortunate caveat with all of this, is that our economy cannot sustain itself when it is run this way. Attempting to fix a debt problem with more debt is the equivalent of showing up at the ER with a stab wound and then the doctor sticking 4 knives in the wound to stop the bleeding. I have no doubt in my mind that we will be surpassed as a world superpower inside of 20 years, mostly due to the fact that we have no sound monetary policy. But I guess in our apathetic state, the easiest fix is always the best.

Originally Posted by JasonD

Okay, calm down all...the point was made, all is cool.