auto industry bailout |
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 Nov 7 2008, 08:44 AM
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 I'm Jc  Group: Mentor Posts: 13,619 Joined: Jul 2006 Member No: 437,556  |
apparently the auto industry is out to get more federal assistance. i just watched this lady on the news say it's imperative that we save the auto industry and it's detrimental to our national security if we left it fail.
what do you think? is there another bailout for detroit around the corner? should we save the auto industry if it comes to that? what about all those jobs? |
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Nov 7 2008, 08:59 AM
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 Group: Staff Alumni Posts: 7,020 Joined: May 2008 Member No: 653,768 |
No. There are companies pumping money into the industry as it is for their own personal interests. We don't need to make this a matter of national concern.
For example, bank A has lent x amount of money to Ford, and if Ford goes under, bank A doesn't get that money back. Bank A pumps more money in hoping ford get's it's ass in gear so it can pay back bank A. We don't need to bring in the FED. |
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Posts in this topic
brooklyneast05 auto industry bailout Nov 7 2008, 08:44 AM
Comptine I think it's a little ridiculous that these co... Dec 13 2008, 10:07 PM dosomethin888 I dont think they deserve a bailout. I hear they a... Dec 14 2008, 12:45 AM
mipadi QUOTE(dosomethin888 @ Dec 14 2008, 12:45 ... Dec 14 2008, 12:58 AM Whinoa honestly, i am glad this deal is off. Dec 14 2008, 01:50 AM shanaynay Maybe if their cars weren't shit they would... Dec 14 2008, 11:28 AM MissUchiha It goes alot of way for this
i think we shouldn... Dec 14 2008, 07:39 PM |
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