Saving the US Auto Industry - Page 23

TheMercenary · 06-08-2009, 08:38 AM

Quote:

Originally Posted by classicman

Yup - and throwing $50B at a company that is worth just a fraction of that is insane. We already tried that, repeatedly. Seems like the mentality in Washington needs some adjustment too.

Yet everyone continues to give the Dems and Obama a pass on this failed plan. They should have let them go down earlier.

classicman · 06-08-2009, 09:18 AM

Quote:

Originally Posted by TheMercenary

They should have let them go down earlier.

I agree. $50 Billlion could have gone a long way for the employees and ancillary companies - the suppliers and all. Of course the previous administration was quoted as being short sighted and acting out of haste... This seems an eerily similar decision.
Of course we all know that "deficits don't matter, Reagan proved that" This is dwarfing anything Reagan could have ever possibly dreamed of creating.

However, like Reagan, Obama has come into power at a time when the country has a multitude of challenges which offer his administration a great opportunity to excel.

TheMercenary · 06-08-2009, 05:13 PM

View Poll Results: Do you support saving the US auto companies with tax payer money?
I support saving any one or all of them.	1	3.13%
I support assisting them for a limited time with a limited amount.	11	34.38%
I don't support saving them.	19	59.38%
I have another plan to save them from certain death (explain below)	1	3.13%
Voters: 32. You may not vote on this poll

06-08-2009, 05:13 PM	#333
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	__________________ Anyone but the this most fuked up President in History in 2012!

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)