Thread: Stock Market
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Old 11-13-2008, 12:52 PM
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MaTH716 MaTH716 is offline
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Join Date: Nov 2006
Location: Jersey
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Quote:
Originally Posted by Antitrust32
i dont know what this bail out is going to solve...

Obama is pushing hard core though to bail out the automakers. Bush wants to spend as much money as possible it seems. We are transfering the power from one socialist big spender to another. I just hope Obama turns out to be more responsible than Bush (wont be hard to do).

They are all acting like socialists. Thats because they all think like socialists.

I dont understand how they pick the companies to bail out... I can see banks and morgage companys that have control of peoples homes and $$, but I dont understand the automakers.

Unless if GM tanks.. then they take away my Pontiac.. which i Pay for every month... Then I'll be pissed!

Think about all the tax revenue that cars generate. Not to mention about all the people that are employed by these companies. I am also sure that there is some sort of trade (import/export) ramafications to would be effected too. If the automakers went out it just might be the beginning of the end.
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