US Auto bailout rejected

Out of context: Reply #113

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  • JSK0

    The difference is that financial system is critical to our viability. Not just US but the world. As banks fail, there is no alternative source to deal with. Since all banks do is lend money to one another.

    The wages are not even comparison. Its like saying complaining that shoes sales man makes less money then a designer. Different job and different educational value.

    Auto makers, while they share plants for parts, there are other players in the game to take over the slacks. The productivity is not ideal in union base. The cost is higher and get crap cars.

    • Yes, and the bank bailout has failed. Period. Credit did not and is not bout to loosen up.TheBlueOne

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