Bailout v. bankruptcy: Which influences consumers more?
Does a bailout really appease auto consumers?On Wall Street, most believe that bankruptcy is the best way to save the US auto industry for it will cut a lot of dead weight quickly. Those against such a plan claim that consumers won't buy from automakers that had to declare bankruptcy.
Perhaps. Still, will buyers - whom probably feel financially stressed and also in need of a bailout - feel so much more comfortable buying cars from automakers that needed massive government help to prevent bankruptcy? Might there not even be some anger transferred to such automakers?
Labels: bailout



3 Comments:
If they are bailed out I'm not buying from the Big 3 EVER. Bankruptcy is a must. The US auto industry doesn't need to change a little. They need a fundamental change, and bailing them out only delays the inevitable.
I'm a Democrat, but if Democrats don't pull their heads out of their asses on this issue I'm voting Independent next time around.
You should have voted independent anyway...like I did.
Nader/Gonzalez. Ron Paul if he were running and had a chance.
I don't think Dems have a choice. Michigan, Ohio, etc. were key to Obama taking the White House.
Now that the Republican Party looks dead, it seems that an Independent candidate has a chance, but I think Nader's past his prime.
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