Sunday, July 19, 2009

No More Government Takeovers

Goldman Sachs Group Inc. has reported one of it's biggest earnings period ever. J.P. Morgan just posted $2.7 Billion in profit. So why did we bail out the Wall Street Banks if in just 8 months some of them are now reporting huge profits?

GM (Government Motors) has received Billions in government bailouts, but Ford Motor Company has not taken any and is doing better than GM in sales.

President Obama now wants the Federal Government to completely take over the nation's health care system. So far the government track record of handling the economy is poor, so why would we let them take over another part of the economy?



Cartoons by Michael Ramirez

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