Will Obama give GM a 3rd bailout? Does it look like they will need it?

  • Thread starter Thread starter John S
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John S

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Do you think Barack Obama will give U.S. auto manufacturer General Motors a 3rd bailout? GM and Ford are the only two publicly traded U.S. auto manufacturers left (excluding crysler). Will he keep both alive? If he has to pick one, which will it be, and why? I already have my opinion on this, I would just like to see what others think about the matter.

-16 yr old John in So-Cal
 
The feds are going to keep giving bail outs until the entire country is bankrupted and we are closer than most think.

So, maybe, but I think this time he will force them to file bankruptcy which will devastate the country (and China too) as thousands of suppliers close their doors forever.

Good money after bad. Manufacturing is DEAD and until we quit demanding more regulations here, it will never come back.
 
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