Monday, June 1, 2009

Revisionist tears

All due respect, but cry me a freaking river darling.

I just fail to see how anyone can get all upset when the stock and/or bonds this woman had orginally purchased is worth nothing now not because of some government-brokered deal, but because GM made a lousy product and saw its sales - and market value - plunge.

It isn't as if shareholders would be getting their investment back because, quite frankly, their investments are worth nothing. But that's part of the inherent risk when you, you know, invest money in these types of ventures.

But GM's poor decisions are dragging the economy down, thus necessitating drastic action in order to save the company, and I'm supposed to feel bad for this woman's poor investments? Really?

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