11-14-2008, 02:49 PM
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#3
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Senior Member
Join Date: Jan 2006
Location: Clinton Township, MI
Posts: 3,126
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Quote:
Originally Posted by Venkman
I know many folks are pretty cavalier about the prospect of America losing it's auto industry. This guy makes a pretty compelling case for a bailout and for the need to have a U.S. auto industry.
Personally, I'm for it. Yes, management has been incompetent in many cases, unions are overpaid, quality has sucked, but GM and Ford are beginning to do things right, and if they can just make it through the next year or so, I believe they can make it. It's worth a shot, IMO.
http://www.motortrend.com/features/e...ure/index.html
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I'm with you as a rule I am generally againsts bailouts. That being said it will probably be cheaper for the American Taxpayer to do the bailout then have 2+million people unemployed
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