Bailing out GM

[RIJIMMY]

just my 2 cents,

lets say your garbage man goes out of business, the town would have to pitch in and either pick up the garbage or bail out the garbage man, he provides an essential service.
The bailout of the banks is needed because they provide an essential service. They are the core of our economic engine. Can you say the same for GM?

Just food for thought.

[Joe]

Let the jobs sink, cut social services and unemployment benefits, and let the displaced workers beg in the streets like they do in Calcutta, they did not vote for McCain anyway, so f-them. The bankers are good republicans, so that's different.
Or, maybe we should weigh whether or not a bailout will allow the auto industry to continue and re-tool and survive and prosper when times are better, or if it won't, before we decide. I'm for looking at it a little more before a knee-jerk decision is made.
Its not just the jobs at GM that are at stake, in states like Ohio, Michigan a huge part of the economy is tied to the auto industry between aftermarket replacement part manufacturers and subcontractors - its a huge industry to concede.
GM is leading the way on developing an electric car, the Chevy Volt - its almost at the delivery stage, interesting that they should sink when they are on the cusp of a disruptive technology.