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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: research1234 who wrote (33444)	11/6/2012 4:21:35 PM
From: longnshort	5 Recommendations Read Replies (1) \| Respond to of 85487

the unions will put them back to the same place there were 4 years ago. It was a waste of tax payers monies to bail them out. they needed to end the union contracts

To: research1234 who wrote (33444)	11/6/2012 10:04:52 PM
From: TimF	Respond to of 85487

The market surviving wasn't an issue here. Ford was ok. Chrysler got bought out. Arguably GM may have needed the bailout at the late moment the bankruptcy happened, but maybe it didn't, and it could have just been pushed in to bankruptcy earlier. Also the foreign owned companies (now including Chrysler) are part of the market as well. A lot of them assemble in the US (and a fair amount of the US's companies production is outside the US), and even foreign production is part of the market.