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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (597)11/8/2008 1:32:56 PM
From: grusum  Respond to of 103300
 
if GM folds, someone else will buy their factories on the cheap and make better and cheaper cars and still hire lots of people at a good, if not a union wage.

GM deserves to go belly up and they should. but don't worry, we'll bail them out to make lousy unaffordable cars and pay them high wages with our tax money. our government is truly immoral and incompetent.



To: TideGlider who wrote (597)11/8/2008 3:16:54 PM
From: Joe Btfsplk1 Recommendation  Respond to of 103300
 
I want the auto business saved

In a bankruptcy the assets are marked closer to true value. Unsustainable contracts go away. New investment can then proceed to restructure, succeed if they can satisfy consumers. Or go away again if they don't.



To: TideGlider who wrote (597)11/8/2008 5:25:34 PM
From: Patricia Trinchero  Respond to of 103300
 
I totally agree..................failure should never be rewarded on any level.


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