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Old 11-18-08, 09:43   #136 (permalink)
wytstang
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wytstang is offline
Join Date: Mar 2005
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Re: Should the government bail-out include domestic automakers?

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Hmm, provide a $25 billion BRIDGE LOAN or spend $156 billion.....seems simple to me!!!
Well it might be $25 or it might be $50 billion, it's not clear how much they are going to give yet. Again why are we giving companies help when noting internally is going to change? How are they going to repay this "loan" by producing cars no one wants? They have to retool to compete with Toyo and the like. They don't have the money for that either.
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