1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Discuss politics - join our community by registering for free here! HOP - the political discussion forum

No bailouts for autos

Discussion in 'U.S. Politics' started by Libsmasher, Nov 19, 2008.

Thread Status:
Not open for further replies.
  1. Libsmasher

    Libsmasher New Member

    Joined:
    Jan 9, 2008
    Messages:
    3,151
    Likes Received:
    16
    Trophy Points:
    0
    The auto companies should NOT be bailed out. The hand-writing has been on the wall for them for a long time. They are loaded with hugely overpaid workers who think it's still the 1950s, when there was no world competition and everyone had to buy their inferior product. The companies themselves should have known for many years that they need to develope new practical technologies to replace the internal combustion engine, but all they did was put out "concept cars" every year at auto shows, and the production model never materialized.

    Enough. The efficient market is working to remove them, and it shouldn't be interfered with by congress - they would just be postponing the inevitable.

    Out of the ashes of detroit will emerge a new model industry grounded in current realities - IF the Bots don't screw it up.
     
  2. Bunz

    Bunz New Member

    Joined:
    May 28, 2007
    Messages:
    3,215
    Likes Received:
    14
    Trophy Points:
    0
    Location:
    Alaska
    considering we already have a thread about this, this thread is going to get closed or merged. Which would you prefer? Drop me a line and let me know.
     
Loading...
Thread Status:
Not open for further replies.

Share This Page