Bailout of the Big 3

[El Kabong]

Wadeb, did you also know that if the big 3 go bankrupt that surveys have revealed that people won't buy cars from them? And also, the big 3 won't have to honor any retirement benefits and that the gov't would have to come in and do it? It is to your benefit that the auto loans happen because at least there's a good chance you could be putting your money to work for you as opposed to it just being tossed out the window.

#1 GM needs to restructure their business model...they have too many models which sell to virtually the same demographic

#2 The retirement benefits will be paid for by the taxpayer BUT that's a smaller tab to run up than just throwing money at the car companies.

[Von Milash]

Lyle that's called cannibalization.

Plus GM products tend to be ugly. Plain and simple. Old men with no creativity design them.