Quote:
Originally Posted by Inzane
Given I don't live in the US I'm not directly affected by this, but I feel for you guys. I would seriously feel kicked in the balls if my government was going to use my tax money to support companies that got themselves in trouble for producing ****** inferior product for most of the last ~15 years (not to mention get themselves in too deep with crappy UAW deals).
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That's exactly the case and I think it's f'n ridiculous that anyone would even remotely consider bailing out the automakers a good idea.
None of them will simply shutter their operations, they'll be forced to do what every other large failing company does - file for bankruptcy protection or look for a buyer. The buyer however should not be the taxpayers.
Giving them cash to survive does nothing but delay the inevitable and they'll be back in the same position in a few months, maybe a year.
If this does go through, expect to see just about every other industry sticking their hand out and you'll be thought a fool if you don't try to get your "fair share" of the handouts.
It makes me sick!