So Much for the Whole “Loan” Thing

This article from OneNewsNow highlights the fact that the so-called tax payer funded bridge “loans” to the auto companies may not be paid back. Which, if my understanding of economics is correct, may not make them good loans in the sense that loans are — correct me if I’m wrong here — meant to be paid back.

But then again, what do I know. I should leave those decisions to the President and Congress since they are much wiser than me and are good at paying back money. Oh wait, I almost forgot about that whole federal debt thing. Oh well.

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