Friday, December 12, 2008
Auto bailout
If the government is going to be giving money to the auto industry, the American auto industry should have to shape up a little bit in my opinion. I am more supportive of giving money to automakers than all the banks we bailed out. At least the auto industry produces a real product. Those bankers were speculating on futures and not even dealing with any real product it seems like. The American auto industry is a huge part of or country. It helps feed the economy, when it is working, it gives jobs to lots of people, and in a way it is symbolic. My dad has been driving Ford cars for years. It is hard to imagine an America with out people driving Ford cars. So, I think in the end they should help out the American auto industry, but there should be terms that force them to become competitive again.
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