Go Mitt! Romney gives excellent, excellent advice on the proposed big three bailout:
IF General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won’t go overnight, but its demise will be virtually guaranteed.
Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
Ok, so maybe I should have supported Romney over McCain. (But the three-way race between Huckabee, McCain, Romney made things difficult and Romney dropped out before Huckabee…)
One Response
November 28th, 2008 at 11:24 am
The illuminati is asking for the bailout.. maybe because they don’t want to think any more about what to do? I can’t see how this would be a good idea for our economy. It keeps it from needing to be innovative, what we’ve been known for for so long
Leave a Comment