Thread: The Auto Bailout

Can't say whether or not I agree fully on every issue you brought up, but well said! I am also very tired of these corporations looking to someone else to fix the problems that they started and didn't fix. I would request someone post some literature (links) to good articles about the whole auto bailout so that I can actually find out more, but it doesn't look good.

Let me post some initial thoughts I also had when I first found out about this:

Seems to me that if the auto industry in America is in as much trouble as they make it out to be- then I don't see a bailout at this point as a problem solver. People don't buy US cars now. The manufacturers get some more money. Make somewhat better cars. The trust is STILL lost and not yet regained. I can't see a bailout instilling more trust in the companys. People will continue to buy as they have been. If people can't/won't buy a car now, WHY would they in another couple years if the economy is still down? Just looks like postponing the inevitable to me.