Big 3 Auto Bailout?

Discussion in 'The Tiki Bar' started by Four Suns, Dec 4, 2008.

Should taxpayers bail out the big 3 automakers as they asked for in DC this week?

  1. Yes

    44 vote(s)
  2. No

    124 vote(s)
  1. fc3

    fc3 Just another eclectic geek TECHNICAL Contributor

    Nov 12, 2006
    Northern NJ
    1999 Sea Ray 330DA
    Twin 7.4 MPI (310 propshaft HP) V-drives
    Twin Mercury Marine marinized 7.4L L-29 V8s
    Cast iron block w 4-bolt mains
    Holy crap! I thought that was a joke icon, but the idiots actually use it!

    Yeah, but no matter how smart the entrepreneur, engineers and inventors, if they don't have access to capital, they're not going anywhere. Damn, damned hard to raise money right now. Osama's not doing anything to help build confidence in the markets, so the market isn't taking any risks. With new taxes on capital on the way, stuffing mattresses with cash seems like a good bet. In the last few months, trillions just evaporated.

    Best regards,

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