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![]() "Boater" wrote in message ... Maybe it has something to do with the 3 million manufacturing and ancillary jobs that will be lost if the Big Three fail, and of course the almost total collapse of U.S. manufacturing capability. So let one fail and the other three will get more sales. GM going down will actually help Ford and Chysler!!! There's no guarantee that if the Big Three go under or declare bankruptcy anyone will move in to fill the vacuum. Vacuums will be filled if they can make money. Ford, Chrysler, Toyota, Honda, Nissan and other north american manufacturing facilities can pick up the slack. GM isn't the monolyth it was in 1946 when it's stock was worth more. I know massive unemployment and the resulting tragedies mean nothing to you Big Time Republicans, but those of us who actually care about families and family values think otherwise. And so does the incoming president. What about the other 1,000,000+++ layed off already? Can't afford to bail everyone out, maybe consider what is fair to all. Don't bail anyone out. People learn when they eat the heat. Besides, we are blowing $10-$12 billion a month on a masturbatory fantasy in Iraq, and we'll get nothing for it, ever. And think, that isn't enough to make the Big 3 profitable. This problem of blood sucking main street taxes via the government bailouts is far bigger screw up. In fact, it is governments very actions making it worse!!! Add 15% to the national debt in 15 days for banks...that is 15% more in taxes needed at 0% interest rate. More taxes, less capital in circulation. Less circulation means less jobs which means even less spending. This is a death spiral!! In the G20 summit the socialists will down play their number one recommendation. Quit government bailouts, cease out of control spending, and lower taxes so the middle class can pay their bills!!! What a novel concept in a day where credit bounces because of repayment fears. Did a Liberal wake up and smell the coffee? |
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