| Re: Buying CTS-V with GM 's Bankruptcy Potential?
The problem is the same people who caused the problem are trying to fix. What did Harry Reid say yesterday something like we could fix (the car industry) overnight with the stroke of a pen . He is either deceitful, naive or both.
If you give GM or Ford $50 or $100 billion they will just burn through it. I hate to say it they either need to figure it out on their own or take 11. If you do it for them where does it stop and it becomes totally unfair. Also down the road any time GM is in crisis they will just firgure the tax payer will bail them out.
I will admit GM has tried and I like Wagoner (he went to our rival HS here in Richmond and played B-ball) But, the company has reacted too slowly and been way behind the quality curve. Just when it has almost caught up they are on the brink--true irony.
How about a 5% tax break for anyone buying a car before end of 08?? |