Money to burn!

[elviswannabe]

http://www.nytimes.com/2008/11/19/business/economy/19ports.html?ref=business

This points to the main problem with the government bailout of the auto biz.  Automobiles aren't selling.   No one is selling cars.  Not Honda, Toyota, BMW, Ford, or GM.  If no one is buying, letting the big three limp along is just going to prolong the pain.

Don't take

Comments

[jacklattie]

I agree of course. It all sucks, and it's all we can do. It's not an answer or solution. Just little more time on the clock. But you can't live a better life if you're dead.

[elviswannabe]

Totally Agreed. I guess, I am anticipating that this spring when GM announces more cuts, more plant closings and more programs getting slashed AFTER the bailout. I expect to hear lots of folks crying "foul" and unless they and all their friends have new cars in their driveways, I'll be the guy saying "told you so."
(Cuz I do that so often)