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Reply #15: solving GMAC is not going to touch core issues [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
grantcart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-14-08 12:21 PM
Response to Reply #14
15. solving GMAC is not going to touch core issues


Reports are that sales are down 50%.


I would of course agree to a simple financing bridge if will solve the problem but I haven't seen any analysis that suggests that it is a financing problem and not a much greater structrural problem.


In any case it doesn't seem that you read the OP. I am simply suggesting that the US Government use the money to purchase product rather than to purchase debt. Let the companies go into protective status and then flood the new, healthier companies with massive orders for government production.
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