I'll give you a hint:
It's not the government's job to do that.
If failure of warranty coverage is an issue with bankrupted companies, then a portion of the assets of the bankrupted GM would otherwise waste on uniongoons should be set aside to for warranty coverage....AFTER GM goes into bankruptcy court.
It's what bankruptcy court is for.
How about if we stop wasting my tax dollars and just tell GM to file Chapter 11 (or whatever) and get it over with already?
I want GM to be allowed to fail. I said that in my first post.
If I'm choosing between giving GM money or using money to back the warranties for consumers of GM products in the past, I prefer the latter.
Right now, those are the choices that are present. I prefer the warranty approach to the handing GM a bunch of money approach.
I don't support corporate welfare. Never have, and still don't. I definitely prefer the warranty approach to the hand-out approach, since GM receives no real benefit form the warranty approach (we both agree it won't do **** to stimulate sales of GM products), while the consumer does gain benefit (they don;t get screwed on their current GM vehicle that is still under warranty when GM goes under).
In your posts, where you keep insisting the government should prop up failed businesses...specifically GM.
That's corporate welfare, and you're supporting it.
Are you saying you don't support the nationalization of GM?
I've never once insisted that the government should prop up failed businesses. Quite the opposite in fact. I'm saying that if they are going to do anything at all, they should protect the consumers who got screwed by these companies, not save these companies that screwed their consumers.
And anti-bushbot is someone programmed to be anti-bush. The anti-bushbots of the Bush era were all opposed to "corporate welfare".
Suddenly they've been reprogrammed. It appears they were only against Bush Era corporate welfare, they have no problems with Messiah Corporate Welfare.
I'm aware of what one is, why do you think that's what
I am?
IOW, I'm not doing what you think I'm doing. I am also not an Obama supporter.
No. That was where I repeated what I'd already said, that you most likely opposed corporate welfare as recently as five months ago, and now you're praising it.
But I didn't praise corporate welfare.
I could be wrong, what was your FEELINGS about federal agricultural subsidies under the liberal president the Messiah replaced?
I was against subsidies then, I am against them now. I was against the bailouts when Bush was in office, I'm against the bailouts now that Obama is in office.
I will state that if we are going to spend billions upon billions of dollars, I'd rather see it go to those who were not part of the problem. Right now, my biggest issue with the bailouts is that they are only contributing to the problems.
I don't see backing warranties as contributing to the problem because I don't see it helping GM sell vehicles.
I will say that anyone who buys a GM vehicle at this point is an idiot who deserves to lose their warranty. But someone who bought a year or two ago and is still under warranty is not an idiot and doesn't deserve to get screwed because GM is incompetant.
If we're spending billions of dollars, better to put it there than in the coffers of the incompetent corporation.