As the title suggests, lets take a short look at these (mostly failing)industries. The Obama administration made it clear that all of these corporate "fat cats" flying around in private jets was unacceptable. Ok...now lets go through and think about this a minute. You want companies to quite laying off people. These "fat cats" hire people to fly the jets that they use. Jobs. Stewards/stewardesses? Jobs. The people that design the jets? Jobs. The people that put the plane together? Jobs. The people the make the parts? Jobs. The people (such as myself) that are in the steel industry (because guess what? Planes are made out of metal!) Jobs. And lets not even mention that the "fat cats" shouldn't go to Las Vegas and gamble, since a whole three pages of jobs will come after that.
Now the automobile industry. As everyone on here I'm sure knows, Obama is now not only a politician, but a care salesman (which actually makes sense...) and is now dictating to GM and Dodge what moves they must make. This is ludicrous and needs very little explanation. PRIVATE industry is, der, PRIVATE. Government should not be running these two car companies like they are. Everything the government lays their dirty little hands on they screw up: social security, the DMV, VA clinics, etc.etc.etc. If I worked at GM I'd be sweating like a pig, especially if I happened to be the guy involved in making SUV's, since we all know the only cars we'll be able to buy soon will be little electric death traps that emit zero emissions. What happened to the good old days of personal freedoms and choice, and not propping up failing companies that decided to overpay their workers and keep crappy management on hand? All I know is that here in a couple of weeks I'm getting rid of my piece of crap PT Cruiser (which has been nothing but a pain in the ass since day one) and will be going to straight to a Ford dealership.