Autopia.org - View Single Post - Should the government bail-out include domestic automakers?

Yal · 11-18-08, 07:05

I'll say it again the company should be allowed to fail into bankruptcy. It will hurt, boy will it ever hurt! But in the long run we will be better off for it. Its time for America to stop thinking in the short run and getting more in debt by doing so. We are just delaying the inevitable. Pay now or pay later. GM and Ford have an opportunity to restructure and shed excess waste. If you fall into the definition of waste then I feel sorry for you but you have to go. The days of the big 3 supporting a whole city full of employees, their retirements and their spouses and relatives, is over. The ship for that America has sailed and if we continue to insist that we can hang on to it...who are we kidding?

11-18-08, 07:05	#127 (permalink)
Yal Registered User Yal is offline Join Date: Sep 2006 Location: NY, Long Island Posts: 807	Re: Should the government bail-out include domestic automakers? I'll say it again the company should be allowed to fail into bankruptcy. It will hurt, boy will it ever hurt! But in the long run we will be better off for it. Its time for America to stop thinking in the short run and getting more in debt by doing so. We are just delaying the inevitable. Pay now or pay later. GM and Ford have an opportunity to restructure and shed excess waste. If you fall into the definition of waste then I feel sorry for you but you have to go. The days of the big 3 supporting a whole city full of employees, their retirements and their spouses and relatives, is over. The ship for that America has sailed and if we continue to insist that we can hang on to it...who are we kidding?