Who else agrees that if GM and Ford gets a bail we should to?

  • Thread starter Thread starter Ryzee
  • Start date Start date
R

Ryzee

Guest
The banks got a bail out now GM and Ford want one too. What about the consumer? The banks and car makers get there debts paid so why should we pay ours????????????
 
In a way, the consumer would be getting benefits if there is a BRIDGE LOAN, which is the proper name for all of this, not bail out (which happens for banks). If one of the Big Three dies, and especially GM or Ford, then you will see economic chaos in the country with the stock market probably even worse, the recently laid off workers from those companies will be scrambling for smaller jobs that are already sacred, and these two things will make prices for the regular consumer much different, perhaps better or worse, and everything will be messy.

Plus, these companies will have money to pay back, even though this might sound unrealistic. It is safer to give a loan to the auto companies than to citizens that have bad or awful credit which will put the US economy in an even bigger hole.
 
It's more money, more inflation of the dollar, more debt piled on to our multi-trillion dollar debt.

But yes, it may be fair for the gov. to help people instead wait for the trickle down effect like they are trying with bailouts.
 
Back
Top