Wednesday, December 03, 2008

It's A Bailout, It's A Loan...

It's a bailout loan.

The reason I think the bailout/loan to the big 3 auto makers won't work is because people are not buying cars and trucks due to the fact that they are uncertain about the future. Why would anyone go into debt for 4 or 5 years on a new car when they don't know if they will have a job tomorrow?

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