Reply to How do you feel about the General Motors and Chrysler bailout?

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[quote=Anonymous][quote=Anonymous]I am a conservative, and I have always been against car and bank bailouts.  Running any business always includes risk management.  I don't think we should reward businesses when they take risks they cannot afford to loose on.  There are car makers and plenty of banks who ran their businesses more wisely - making products people will buy, no crazy risks, etc.  They're not getting government dole because their businesses were doing okay.

I believe the government should have let GM and Chrysler go bankrupt.  There would be some unemployment and economic pain in the short-term, but a capitalist system adjusts itself.  The market would have been more open for responsible car makers, and they could have hired many of the former GM/Chrysler workers.  [/quote]

the economy was about to bust, that would have been stupid to let GM go belly up...i've been a tool and die maker  for thirty years and had 15 different jobs, guess what? Everyone of those jobs made parts for allisons and GM, there would have been an avalanche of  businesses going belly up if they went bankrupt at the worst time since the depression, parroted conservative talking points doesn't get you credit. GM has its hands in 100s of businesses, large and small.[/quote]

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