Friday, December 05, 2008
Auto Industry
If Chrysler, Ford, and General Motors will be expected to pay back loans from the government, why can't they just borrow money from banks? Might it be that nobody expects them to be able to pay it back? I think that the US auto industry has some fundamental problems that it needs to fix and I think that sending them money isn't the best incentive for them to fix their problems.
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