Reply To: Should the USA Auto Industry be bailout?


I doubt that the current administration will bail them out. Obama will have to do it when he gets office, IF they can make it that long.

I hate bailouts, but looks like we are once again FORCED to do yet another one in order to save an American Icon and jobs I guess. I’m wondering what criteria we are going to use to decide which of the other companies and major US cities that are lining up asking for a bailout.

I heard that this crisis is going to turn into a very bad depression so I say if it’s going to happen then we may as well get started now so that we can recover sooner. We still don’t know which companies are next to fail and how many are strong enough to survive in a free market. :Cry: