Question: 1) How many jobs would bankruptcy cost, would we wind up paying for it through unemployment vs. through a bailout 2) Would bankruptcy force Detroit to create a product that is competitive with Asian manufacturers in terms of quality and innovation
Robert Munn wrote: > GM, Ford, and Chrysler are all on life support right now. Should we save > them or let them go through bankruptcy? > > The way I see it, these companies need to go through BK so they can get a > fresh start without the albatross of the bad financial decisions of the past > hanging around their necks. Bush isn't going to bail them out, but Obama and > the Democratic Congress just might. > > Will a bailout help, or will it merely delay the inevitable death of > companies that are burdened with obligations they can no longer afford? > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:279347 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
