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View Full Version : Poll: Government save GM and Ford or Let them fail

The Bilingual Gringo
11-05-08, 10:27 PM
Poll coming

EDIT: Poll here
-Dominicankid-
11-06-08, 01:45 PM
Save Them only to save people's jobs....
Gentility
11-06-08, 02:31 PM
there's what, over 200,000 jobs in the US alone between them? not to mention the rippling effect in various other industries. the economy is fragile enough as it is.

plus we need them to build the fuel efficient cars that'll get us off foreign oil. we can't let programs like the Chevy Volt fall apart. they're now a matter of national security.

http://www.reuters.com/article/ousiv/idUSTRE4A4BCR20081105
Kalik
11-06-08, 02:52 PM
Save them...
that_dozen
11-14-08, 03:09 PM
fail, they'll operate in bankruptcy, and that may buy them more time to develop new cars

giving them money is just more debt to incur for something destined to fail
The Bilingual Gringo
11-14-08, 03:30 PM
fail, they'll operate in bankruptcy, and that may buy them more time to develop new cars

giving them money is just more debt to incur for something destined to fail

I heart that you're privy to this.

So you're more so leaning towards the "rip the band aid right off" effect of the pain now and better after?
Mowgli
11-14-08, 03:56 PM
Let them fail. 3 million jobs lost. It wont be the end of the world. Bailout is only going to delay the ineveitable. We HAVE to go through tough times right now.
rapandhiphopfan
11-14-08, 08:11 PM
Let them fail.

Believe me, let them fail.
Ayatollah Watts
11-17-08, 10:13 PM
seriously, w/ american cars being overall less appealing than their foreign counterparts why should they be bailed out? alot of the american cars for the average consumer don't even look like they're trying. I mean... I love some of the cars they're bringing BACK out. but overall.... meh.
Luken
11-19-08, 12:15 AM
Gm killed the electric car in the first place, let them fail.
illwittdeez
11-19-08, 12:55 AM
Save Them only to save people's jobs....

co-sign cause I work there, they need to do another employee buy-out muthaphukkaz been there for 30+ years making close to $75 per hour
boricua1952
11-19-08, 11:48 AM
fail, they'll operate in bankruptcy, and that may buy them more time to develop new cars

giving them money is just more debt to incur for something destined to fail


yep just denying them the bailout wont mean they will shut down, they'll operate under new rules for restructuring and might turn out better in the end

another proposal is to let them go into bankruptcy and then let them the money to operate insuring we're the first to get payed in case they have to liquidate the companies