The bailout - AGAIN -- to these automakers is not going to change anything. It will just prolong this recession. It is NOT a depression nor a great depression unless the Obama administration keeps printing money. Remember, it was the great depression because of government intervention.
Let the free markets work. The big 3 will survive under reorganization and new management. These companies have lots of assets. Someone will buy them. They aren't going away altogether.
This bailout to them will not work. How many times can you throw good money after bad! I hate the idea of tax payer money going to these failed companies time and again. Why should the taxpayers have to bail out bad contracts, bloated retirement benefits, etc. Who's next for a handout?
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