President Barack Obama Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lizzie Tudor who wrote (45161)	11/19/2008 6:08:38 PM
From: stockman_scott	Read Replies (2) of 149317

Yes...I agree many bad decisions were made by ALL of the Big 3 automakers in the past...the companies are in intensive care and the question is what are they going to do going forward...?? This economy is in a DEEP recession, the credit markets are still frozen -- we may face systemic risk if we allow GM, Chrysler and many of their suppliers to fail...too many jobs at stake...too many unintended consequences are possible...As Cramer said today both the major Auto firms and Banking firms MUST be saved -- it's better than any alternative at this moment.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next