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Thread: The Auto Bailout
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12-07-2008, 10:12 AM #1
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Thanked: 8I will be up front that I do not know a ton on this subject, but I think it is important to know that if the auto companies close it is not just the auto plants that close it is all the other plants that make parts for the companies.
I disagreed with the first bail out, but this one seems a little bigger than that. I think if they didnt go with the first bail out things would have happend like Bruno said, but you haev to remember about all the companies other than the big detroit guys that are involved, not to mention what would happen with all the cars already out there.
Do i think the companies need to get thier duck in a row and get back to american inovation and compete wth the other car comanies? YES. I believe that if they start creating the cars to compete with over seas companies then the public would buy them.