Libsmasher
Well-Known Member
- Joined
- Jan 9, 2008
- Messages
- 3,151
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.
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.
