Seems like just anyone can now claim help ! from the $700 billion bailout money. The Democrats, typically, are now extending what was supposed to be bailout for financial institutions to the auto industry. As LNR said before, no matter how unjustified, the banks must remain liquid and operating in order for our economy to operate. We absolutely DO NOT need the auto industry. The cars remain low quality with high price- it's only the truck divisions that made any real money in the past when people could afford the gas prices.
Picking industrial winners- truly is for socialist economies- not America.
Subscribe to:
Post Comments (Atom)
Posts
.JPG)
No comments:
Post a Comment