Dec 5th, 2008 | Bailed Out survey

Should the big three automobile makers be bailed out?


What do you think?



28 votes, 164 views , 1 comment
 
 
Poll tags:Bailed Out, Big Three, Automobile, Makers

 
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1 Comment
Philgtaylor
(Reply)
Australia

posted Dec 7th, 2008 at 06:41 CST

If you give the management of these companies money, it would be either like giving a problem gambler more and more money, or what the British did with their car industry. The British had the second largest car industry in the world, and now there are only Range Rover, Jaguar, Rolls Royce, Bentley, Astin Martin and Mini left, no manufacturers that are volume producers, and none of these are British owned. If massive structural reform is not performed, then GM will end up like British Leyland, Ford will end up like the Rootes Group, and Chrysler will end up like Humber.

 
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