Auto Industry Crash to Cost American Economy 2 Million Jobs

Should the US Government and taxpayer bailout an industry that refuses Midge doll get with the program and innovate to keep up with the reality of the market place? Should we bailout our US Automakers, if the unions will immediately strike and thus, take the money for themselves?

Should the US government subvert capitalism and prop up an inefficient and ineffectual industry? These are all questions that an Obama Administration will be faced with.

Indeed, President Obama has promised he would save Detroit's jobs, but can the taxpayer afford too; and if we save GM, Ford and Chrysler, then what about the airlines, or what about the big retailers?

We've bailed out investment banks, banks, and insurance companies; what's next? Another point is how do you deny the automakers 30 Billion Dollars, after a 700 Billion Dollar package to the banking sector?

Is this a slippery slope to be going down? And what about all the lay-offs on their way in so many other industry sectors, this will only lead to more foreclosures and more US taxpayer exposure.

The Obama Administration wants to keep people in their homes, but that is rather difficult when they lose their jobs.Does Obama owe a campaign debt to Detroit and the US Automakers?

Realize it is not just the Automakers themselves, the 2-3 million job losses include all their vendors and suppliers too. If GM, Chrysler and Ford fail to pay their payables or stop ordering parts, this will cause a cascading effect in the entire sector.

Meanwhile, the financing arms of the automakers are hurting due to the banking and financial crisis; this means the auto-dealerships are about bankrupt and cannot stay in business. The US Automakers are once again on a collision course.

Will Obama honor his campaign debt to the unions and the auto industry? Will he honor these promises he made and if so, how on Earth is government going to afford all Cialis FAQ Think on it.

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