Stock Market

[dalakhani]

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!

Detroit's fate was sealed in the 80's and the last 25 years played out predictably. People keep talking about tax incentives when purchasing american cars. Screw that. You want me to buy an American car? Spend the cash on R and D and make something that i want to drive. Spend the extra money on service. Why can we drive Japanese cars for 200k miles and we cant drive a ford more than 80k before it implodes?

Obama will give the carmakers their money whether its the right thing to do or not. I pray that the money works out to be an investment as opposed to a bailout.