Monday, December 8, 2008

In the News: GM and Other Bailouts

Yes I do think that they should save GM, but only if GM wants to cooperate and get other help in trying to help them manage the money so that this wont happen again if a crisis happens. If the goverment elects to give GM the help then another team of financial experts should team up with theirs to help them attain a better plan to have when an economic crisis like this ever comes about again.

No they should not just focus on all the other companies becuase they are all important one is not more important than the other whether or not it is a smaller or larger company. Only if it was a last resort and it would completely save our economy should the government ever just completely give up on such a major industry and is this case it is not because it can still be preserved and it should be.

No all the other industries will not fail, but it will make very dramatic changes to each of them with it being such a large entity. If GM were to fail maybe one or two of the smaller comapnies may not survive without, but no all will fail completely because they don't rely soley on their sales, but it would be a maor blow.

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