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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (438426)12/5/2008 11:27:04 AM
From: Alighieri  Read Replies (2) of 1574537
 
There was testimony a couple days ago from credible industry analysts who said there was "very little doubt" that the automakers, if given this money, would be back "around Fall".

How is that different than unions making significant concessions?

Do you know for sure that the economy can withstand a collapse or even a severe contraction of the domestic auto industry? With talk of severe recession or even depression, are you willing to gamble for $35B when financial institutions have been given 20 times that much?

Al
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