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Reply #13: That's Not A Bailout, That's An Investment [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-17-08 10:59 AM
Response to Original message
13. That's Not A Bailout, That's An Investment
My first question is do we need 3 auto companies? Would reorganizing them into smaller companies be better suited to the long-term interests of the industry by being more efficient and competitive? It wouldn't put the jobs and livelyhoods of so many people in so few hands.

I definitely don't want to see the government get into the auto business...nor should these jobs (more than the company themselves) collapse. The last thing I want is to throw money at the people who saw short-term profits over long-term company survival being the ones who try to "fix" the problem.
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