Unenjoyment ...

[BigFish]

I thought the first bailout was a mistake....has since proven to be so! I say no more and let em' go belly up! Survival of the fittest! If they (auto makers) can't get into the 21st century technology maybe its time for them to go!

[JohnnyD]

Originally Posted by BigFish

I thought the first bailout was a mistake....has since proven to be so! I say no more and let em' go belly up! Survival of the fittest! If they (auto makers) can't get into the 21st century technology maybe its time for them to go!

I agree. Bailing out the banks is one thing, but automakers? They've already reported that they're still in rough shape. The bailout will just be a waste of money and delay the inevitable. Development in the automotive industry is too slow for a one time injection to "fix everything."

There's no replacement for a good business model. Unfortunately for them, they're business models are no longer relevant. Let them fail.

[Backbeach Jake]

If people had good paying jobs and didn't have to compete with China, the automakers and banks wouldn't need a friggin bailout. But the automakers sent jobs to the four corners of the third world and the banks lent to the underemployed. Both bit themselves in the ass.