Given the abysmal performance by Detroit's Big Three, it would be better to send each employee a check than to waste it on a bailout, says David Yermack.
That's just a snippet of a really good article in the weekend journal that got me thinking...
If Washington let the people VOTE whether or not to bailout Detroit, what would the outcome be?
And is it time to let the PEOPLE speak whenever there is an issue as important as this that WE will have to pay for?
No matter WHAT side you're on or in the middle, we are at a time where you have to be OUT OF YOUR MIND to trust ANY of these people we have elected.
I say we have one more level of checks and balances for these type of issues...The Politicians should recommend solutions in tough times but when this kind of dough is on the line I say you let US make the final decision.
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