
Titan
This auto bailout that they have been talking about in the news. Good or bad?
The last bailout was definitely NOT handled correctly, clearly.
However, if no one helps the auto industry, there could be even more MASSIVE layoffs, among other huge problems above the ones we have now. Obviously not good for the economy.
The money would possibly come out of the 700 billion dollar deal that was originally made to help the banking industry.
http://online.wsj.com/article/SB122616278065311225.html?mod=special_page_campaign2008_mostpop
The last bailout was definitely NOT handled correctly, clearly.
However, if no one helps the auto industry, there could be even more MASSIVE layoffs, among other huge problems above the ones we have now. Obviously not good for the economy.
The money would possibly come out of the 700 billion dollar deal that was originally made to help the banking industry.
http://online.wsj.com/article/SB122616278065311225.html?mod=special_page_campaign2008_mostpop










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