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The Dozen Auto Companies that Aren’t Going Bankrupt

Started by cordblomquist · 7 months ago

The “Big Three”–which really should be called the “Broke Three”–have made their pitch for $34 billion in government aid.  What’s a few (billion) bucks among friends?
Instead of handing over wads o ... Continue reading »

2 comments

  • This bailout is unfortunately necessary in many ways. I enjoyed your post though, gave me quite a lot to think about. In my area, it's the little dealers that are really suffering, so in the end, hopefully the bailout will trickle down to help them.
  • No bailout is ever necessary.

    You cannot create something from nothing. The government DOES NOT HAVE this money. It therefore cannot use it to bail out anything without practicing a massive degree of bookkeeping fuckery.

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