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The Day that America changed

What happened today is that the US Government, headed by President Barack Obama, has decided to Invest 30,000,000,000$ of its people money in GM, a BANKRUPT company!

What private investor would invest 30B$ in a company that goes Bankrupt? I guess that because the answer is “There is no such crazy investor in the entire world” then the US Government volunteered to be that investor. Make no mistakes, Barack Obama has decided to take Americans money and Invest it, making all Americans into Shareholders in a failing auto company.

Let me give you a small lesson in Logics.

Fact 1: Toyota (or any other car manufacturer in the US for that matter like Ford, Honda, Chrysler, Tesla…) is a direct competitor of GM in the Auto industry.

Fact 2: GM = United States Government. (The US government as of today holds 60% of GM shares)

Therefore: Toyota is now a direct competitor of the United States Government.

Is that Fair for Toyota or any other car company to be in direct competition with the US Government?

And more than that, as:

Fact 3: The US Government = is really representing the US people.

Therefore: The US people are now a direct competitor of Toyota.

Therefore: Should US people, as newly shareholders of GM now prefer to buy a GM car over a Toyota car in order to support their investment in GM?

Is that Fair to Toyota or any other car company in the US to be in a direct conflict of interest with the US consumers?

- And as for the tax-money that is collected from such car companies like Toyota and Ford, is it Morally fair that it will be used to fund a competitor? Does Toyota pay taxes to bail-out GM?

- And what about saving other Car companies that might fail in the future. Would it be fair NOT to bail them out if they will need help?

- Or for that matter, why not any company, why only car companies?

- And as for the Other Millions of individuals that have lost their jobs lately in Other failed companies, why didn’t the US government bail them out? Shouldn’t their companies be bailed out to spare their jobs? Are they less important that the GM workers? Is that morally fair to them?

- And wouldn’t the US Government be now in a conflict of interest regarding any future decision regarding the automotive industry? I mean, let’s say for instance the US Government will decide not to bail-out the next failing car company, wouldn’t such company claim that it is done because the US Government has already an interest in GM? I mean every decision will now be biased by definition, no?

Mr. President,

I believe that more than just a very bad financial decision, this is also a very MORALLY WRONG decision, towards all tax-paying Americans, all other car companies, all those that lost their jobs and totally contradict the spirit that brought this nation to greatness. I strongly believe it contradicts the constitution itself….