U.S. Auto Industry and the Ripple Effect

by LukeAmerica2020
I have mixed concerns regarding the proposed $25 BILLION bailout of the automotive industry (GM, Ford, & Chrysler). First, where do all of these taxpayer-funded bailouts end? Second, has the economy been helped at all by ANY of the $300 BILLION that’s been used thus far? Third, will Treasury Secretary Paulson disclose to Congress (and the citizens who are funding the bailouts) the details of the monies thus far disbursed. Fourth, what happens to the auto industry 60 to 90 days after the bailout when those funds are gone?

This video is from the GM Blogs YouTube channel (General Motors).



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: