SI
SI
discoversearch

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 : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DuckTapeSunroof who wrote (3295)12/17/2008 11:10:07 PM
From: RMF  Read Replies (2) of 103300
 
"The damage already done"

I'm NOT so sure. Those auto workers are still drawing pay checks and paying taxes. They are supporting local businesses that depend on them.

I know it's a LOUSY business model and it's essentially welfare, but so were the bank bailouts.

I say LEND them the billions they need to keep going for 18 months or so with the stipulation that those loans can be "called" at any time and they must initiate the restructuring process immediately.

If these were anywhere near normal times I'd agree with you completely, but our economy is in a very precarious position right now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News