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 - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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