A free economy lets people and businesses succeed or fail. All investments have some risk involved, investors need to be aware of that and monitor their investments. The responsibility is on each individual to manage your own affairs. Those GM bonds were a very liquid asset, you always had the opportunity to sell your bonds at any time the markets were open.
I've made the same mistakes. I'm sorry to say it, but you losses are not the result of the bailout, they are from you not managing your assets and selling when there were signs of trouble. Welcome to the school of hard knocks (the tests come first before the lessons).
Without the bailout you would probably have lost a lot more of that investment. Furtunetly, it sounds like you are still much better off than most people in this country. Good luck.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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