Tuesday, December 09, 2008

American Bailout Package

USA has announced another bailout package. This time to the auto industry. One thing is rankling me. This is the second big package USA has announced to its industries, the first being the finance industry. I am going to go out on a limb on speculation. I think the USA has a lot of tax payers' money and don't know where and how to spend it! First it tried spending it all on the iraq war. Now on bailouts. This is all out of a Sun Tzu lesson. Funny how US tax payers are happy about this. I only hope India and other countries don't try to emulate this. Our very own vijay mallya, goel and dawood tried to ask for the same. Seeing how we Indians love emulating every one else, this is rather likely.

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