Quote:
Originally Posted by kenman923
I think that the Government will have to step in and give them a loan guarantee. If GM goes under, the U.S. auto industry as we know it will be nonexistent and will wreak havoc on our economy even worse than it is now.
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Surely unrepayable credit is the way to go here. I mean, look how great credit works for the government...and mortgage holders.
I don't think they will go under, but I also don't like corporate welfare.