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So what do you think about the senate just rejecting the auto bailout?

So we bail out wall street because the banks were going to collapse. But we will not bail out the automakers for making repeated mistakes as the financial system has. E.G. savings and loans crisis and etc. So how is not helping the auto makers GOOD? How is losing three million jobs a good thing?

Asked By: david z - 12/11/2008
Best Answer - Chosen by Asker
Anybody out there who is fed up with the unmitigated greed of the "management" class of industry that has systematically stripped the working class of it's rights to a living wage should be looking to the next phase of Us vs. Them: Employee owned businesses... More
Answered By: Elisabeta Disupremo - 12/12/2008
Additional Answers (5)
Don't worry. We will be fine when the North American Union emerges.
Answered By: William F - 12/11/2008
 
I'm p****d and freaking out for my dads job that hes worked at for 30years and suppose to retire in July!!!!!! They must have their heads up there ass!
Answered By: Diana d - 12/11/2008
 
I don't know if it was bad or good, but I wish they would have put just as much if not more effort with the first bailout. If I had to choose between the two. I would have chosen the auto dealers over the banks, because the banks aren't opening up credit their closing it and holding onto the money. The auto dealers... More
Answered By: kitweb - 12/11/2008
 
you can only put out an inferior product before it bites you in the ass. I think we definatelly need something, but even with the bailout they auto industry would be back in DC around march because they would be out of money again. They need to look at some sort of bankrupcy, to release the massive debt they have on... More
Answered By: split88wrex - 12/12/2008
 
Honestly - I think they are being short-sighted and self-serving to say it nicely. They want to try and win over all the people put there who the dems. have ticked off by supporting the bailout. Not to be too "conspiracy theory" here but I can't help but wonder about a party that seems to be bend and determined on... More
Answered By: melindadiebel - 12/12/2008
 
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