Should the USA government bail out Ford, GMC and Chrysler?

  • Thread starter Thread starter robert f
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robert f

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I don't think so. That senator asked the Chrysler, Ford and GMC CEOs, "who flew commercial to Washington DC?" That's ironic.
If the government bails out Ford, GMC and Chrysler then that is equivilantly the samething as the big three filing for bankruptcy. Workers' wages will be cut in half and consumer spending will take a big drop. Additionally, Chrysler, Ford and GMC will not be able to compete with the foreign automobile companies because their management is inferior. Maybe we should bail the big three out two, three, four, five,..... times?

People have to develope the private jet for the CEO, the CEO buys products and numerous workers beneath the CEO buy products. As a result, people have jobs. Removing that from the USA economy is just as bad as the big three filing for bankruptcy.

It's probably a no win situation.
 
Hell, no. They should have to take responsibility for their financial troubles just like the average citizen has to. If I get a bad deal on a car or house, will the Government buy it for me? I don't think that they would, so why should the taxpayer bail them out?
 
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