T Nation

Auto Bailout

I don’t agree with bailing out the auto industry. We should allow the market system to prevail and if they go bankrupt, then that will be the outcome.

Where do we draw the line, if we use tax payer dollars to bail out one industry and not another? This is pandora’s box and using tax dollars to help an industry avoid bankruptcy would induce other industries to ask for help.

This is really getting my blood to boil.

Not going to happen the way its planned.