Bailout

呢排成日都搭巴士返工放工，間唔中都會睇吓免費的 metro. 唔多唔少都知道多少時事．

Not really that interested in politics and news most of the time. But I do have a few words about the issue of the three car company bailing out and ask the government for an enormous amount of money.

I think that it's totally retarded and that the government should NOT give/lend them any money. It's so unfair to some other businesses. Most of the businesses are suffering from this recession. Why these three companies have the right to get money from the government to "help" them but not that others?

And I hate the fact that they pretty much using "we'll have to close down our plants if we do not receive external financial help" as a threat to the government. I understand that the government is worried that unemployment rate would go way up. But still, really shouldn't help them simply bcos of this.

Every businessman takes risk. And if you bet on the wrong thing and made the wrong decision in investment, who is to blame? Suck it up man! I don't see you guys pouring out ur profits to the government in the good days.

Not that the government should sit and watch the unemployed to suffer. I read on the metro sometimes ago when this whole thing just started that this guy suggested the government to put the money that the auto industry is asking into better use. He suggested that the government could use the money to create jobs that actually helps the community like fixing all those roads that should be fixed way long ago. This create constuction jobs for the unemployed. Those ppl in the auto plants are mostly manual labour anyway. They should be able to fit into the construction industry.

I think this dude has a gd point and it's a gd way to make use of the money and actually help the unemployed and improved the community, instead of helping already rich businessmen to continue to earn a lot of money.

On a kinda related topic, another dude said that we should really make use of this economic disaster to reshape the way the economy works.

I have always thought that this stupid consumerisum and the fact that all the government and ppl are so concerned about economic growth, as if when the economic doesn't grow that year, the government is doing a bad job. The big part of the economy "healthiness" is assessed based on how much ppl are buying and how much were manufactured. So ppl are always encouraged to buy buy buy buy buy and as soon as something gets a little old, we should just throw it away and then continue to buy buy buy buy. Cell phone is such a gd example. How many ppl change their cell phone bcos it's broken and that you can't used it to call ppl anymore?

So stupid, resources are pretty much limited, how can we forever to manufacture so that everyone can buy buy buy buy buy? I'm so glad that the 2nd dude voiced out this point. We really should redefine our economy to that it's a sustainable one.

And all these ppl are always talking about how the government should pour out money to stimulate the economy. I agree that the government should help the ppl that are having problem bcos of the recession, but I don't think it necessarily has to "stimulate the economy" in order to achieve that. Stuff like the other dude suggested is gd. Create jobs in the public service sector where both the unemployed and the general public can benefit from, instead of giving away taxpayer's money to save the auto industry. Take the road example again, it will also help the material industry since developers are likely to build less houses now.

Anyway, I'm just grumbling. It just makes me angry to see those auto companies asking for billions of dollars basically to save their own ass.