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© 2012 AFPU.S. auto industry bailout cost keeps rising
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The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2012 AFP
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JanesBlonde
Yes until "next" time ….. US auto makers never learn … the US tax payer has been bailing them out for generations. In recent years Walll Street and banking firms have also been getting in on the act as well, creating a "fail" competition scenarion for the US government. (Think Dr Strangelove and the Dooms day gap scene)
mmmm …. why is the US economy so terrble …. I wonder?
wtfjapan
i wouldnt invest a cent in the US economy, just designed to boom then bust taking all your investment with it, only this time around people are a lot wiser and arnt falling for all the hype BS anymore, your best bet is in agriculture, resources and the Asian market
Riffraff
The government should have let them go bankrupt. Without all that bailout money they would have had to negotiate a more reasonable recovery at a sustainable wage scale, instead they just grabbed a handful of cash from the taxpayer, stuffed it in their pockets and the US continues traveling merrily down the road to becoming another Greece/Spain/Italy/etc.