US Auto bailout rejected
Out of context: Reply #94
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- blaw0
Collection of random related thoughts:
• The auto industry affects a deep portion of the working economy. Obviously a lot of people are going to lose their job, and that is bad for everyone.
• Not all American vehicles are shit. My dodge pickup is nearing seven years old and runs great. I'm hoping to get another five years out of it. I'd bet I get more than that.
• Not all American vehicles are large and having a large vehicle is not necessarily a sign of excess. I drive a pickup because I use it. Try hauling plywood with an Audi. Not to mention four-wheel-drive is pretty much standard for winters around here.
• Lawmakers were all for dumping cash into Wall Street, the effects of which are under debate, to say the least. Is the auto industry a victim of "remember what happened last time we did this"?
• Will the auto industry/buying public be better or worse off fending for themselves?