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Gov't wants to bail out the big three.
#8
cbelt3 wrote: Remember the Chrysler 'bailout' years ago ? Chrysler paid back every dime.

But we are now right back at the same precipice with them as we were before. They did NOT learn to be more responsive to the market, or how to better compete with the Japanese. Plus the other two companies have now ingrained the same message: failure will be rewarded as much, if not more so, than success.

It's as if we soothed the burns of a toddler who knocked a pot of boiling water off the stove, but instead of teaching the kid never to knock a pot off the stove, we just put cold water in the pot for him to knock over.
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Re: Gov't wants to bail out the big three. - by Seacrest - 10-27-2008, 09:56 PM
Re: Gov't wants to bail out the big three. - by Z - 10-27-2008, 10:32 PM

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