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Reply #36: I think the article is overly optimistic. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-08-08 01:56 PM
Response to Reply #20
36. I think the article is overly optimistic.
However, I do think it does point out what is going to be expected of us. That we continue to pay for a dying (if not dead) industry for a long time with no real hope of it ever being resurrected. The reason being that it is "too big to die".

I find the whole concept of bailing out the Big 3 to preserve them is an exercise in pissing in the wind. But, if we're going to have to dole out the money, they should, at least have the decency to tell us that it's a stopgap measure that they're pursuing because they haven't the foggiest notion of what else to do.
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