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Originally Posted by PeriscopeDepth
Which they have failed to do since the first bailout in 1979. We are not a manufacturing nation anymore. We ARE a service economy. Giving companies that have proved themselves unable to compete in the market for the past couple of decades billions of dollars of its citizens' money AFTER it failed to move through the legislature is simply irresponsible.
PD
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I think you better go look at how much this economy does manufacture - you are wrong.
However, Bush is ticking me off with this bailout. The bankruptcy courts are designed to deal with this sort of crap, not my tax dollar! The airlines went bankrupt, and guess what? They are still there too.
The auto industry just made up for its slumping sales alright. They just got the biggest sale in history.
-S