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Should the auto industry get a bailout, or be allowed to go bankrupt?



Get a bailout.

Go bankrupt.

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2 Comments
russell
2008-12-13 01:20:13 ET

Oh, please, we gave close to a trillion dollars to the financial industry without batting an eye. What the hell does the financial industry produce? They shuffle paper around and skim money off the top. But we can't afford 15 billion for an industry that actually produces a product? A product that has some funcitional use. A product that can be sold overseas to reduce our balance of trade. Idiots. Once the auto industry dries up and blows away, it ain't coming back. Oh, and you think those foreign plants in Alabama are going to stick around once the competition is dead? Minute GM close its doors, toyota, honda are out of here.

You can build another bank in a day. Auto industry and expertise involved takes generations to rebuild.

You want to see hard times in America. Watch what happens when GM and Ford go under.

tommy
2008-12-14 08:13:02 ET

no bailout . if they would give ever one $20.000.oo. then we would bail them out


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