Should the US bailout the big three automakers?

[RedBarchetta]

Originally Posted by JWilly

If the economic damage was only to GM and Chrysler then I would say let'm rot in hell. But the problem goes way beyond GM and Chryler.

http://www.bloomberg.com/apps/news?p...Eg8&refer=home

Where does it all end? This latest proposal essentially pre-pays the receivables to the suppliers that GM and Chrysler can't pay back today.

Someone has to die. We can't continue saving the herd. The slowest Zebra always ends up as dinner. The medicine tastes bitter, but how else we ever going to get to the other side if we just keep printing debt that China will eventually say NO MORE! to? Then what will we do then?

If Bush was using a high school mentality to stop the bleeding, then Obama is using elementary school tactics. Just wait until they tackle entitlements, Medicare/Medicaid, etc. We haven't seen anything yet. And the airline industry is not too far behind either. Everyone is going to suck up to Uncle Sam to bail themselves out.