allow the mismanagement of companies such as the automakers to suffer the
fate that perhaps should be afforded them?
I'm not promoting either side here. Just starting a "little" discussion.
I know the buy American thing has been beat to death. And then there's the flaw in that campaign where American branded products (cars) are actually built across the border. And now the bailout thing...
Anyway, in this capitalistic society, why shouldn't a company whose mismanagement has allowed it to fall prey to more efficient overseas competitors? Of course, there are Americans who rely on the existence of that company for the food on their table and the roof over their heads. So, then should the bailout be allowed to happen to 'help' those workers? Will this bailout really buy the automakers enough time to become solvent again? Or will this be like the bank bailout where the money goes into a pool and then gets used for whatever the users think it will best be used for?
Again, I'm not trying to pick sides here, but I'm curious about how everybody here feels about this stuff.
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