GenVibe - Community for Pontiac Vibe Enthusiasts

I don't know why these companies got a bail-out. They been making money hand over fist for years and they're telling us they didn't have any saved for rough times?That's ridiculous that they all of a sudden now have money to waste on "cosmetic upgrades" to their buildings. Pisses me off to think that tax payers money went to them when they didn't even need it.

It hurts my brain to think we live in a society where people are willing to pay more for a vehicle because the dealership has oak-panelled walls, limestone floors and plush leather chairs. Lots of people suck, big time.

I'm an insurance adjuster. Once we were domiciled in the offices of our parent company, and insurance broker to save costs. We were moved from a run of the mill office building to the 35th floor of a tower with a big ol' glass and wood conference room right off the reception area. Beautiful view. Hard to settle a claim in person when the claimant walks in and sees that view and you sit them down in the conference room to talk.

Aside from the people owning GM stocks and bonds who lost money, those of us who saved for our rainy day and/or retirement are now lucky to get just 1% interest on that money instead of a normal (but not excessive) 5%. These rates are being kept artificially low by the govt. to bail out big business. And the govt. loses too - that interest was taxable. So when I earned $10,000 interest a year, the feds got $2,500 of it. Now that earns $2,000. I am out $8,000, Uncle Sam is out $2,000, and Jamie Dimon and his friends smile all the way to their banks.