Tom Francis - SWSports wrote:
On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:

"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if resolvable)
in bankruptcy, not throwing more tax payer dollars at them.

Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry needs to
do right now. Revise business plans, products and re-negotiate the union
contracts under the watchful eye of a bankruptcy judge.

Handing them a pile of taxpayer money, calling it a government "investment"
just to keep them in business under their current organizational structures
won't do a damn thing.

I agree.


I think the bailouts should be stopped dead until the Bush
Administration reveals who has gotten every dollar handed out so far.