http://www.pbrun.net/2008/11/22/corporate-greed-and-the-automotive-bailout/ Sun, 13 Jun 2010 02:39:32 -0700 http://wordpress.org/?v=2.9.1 hourly 1 http://www.pbrun.net/2008/11/22/corporate-greed-and-the-automotive-bailout/comment-page-1/#comment-8 Anonymous Sat, 22 Nov 2008 23:44:00 +0000 http://pbrun.net/blog/?p=49#comment-8 The American automotive sector has been in a tailspin for years, continuing to exist only on handouts of taxpayer money and not really on sales. Why waste tax payer money that could be put to much better use? Several pundits have opinioned that capitalism and the free market economy principles should be followed and let the companies go bankrupt and free up their people, buildings, patents, etc., from which will arise newer, better, stronger auto companies or divisions for other companies, that will give employees a better chance at a more stable job. Just a quick thought ... The American automotive sector has been in a tailspin for years, continuing to exist only on handouts of taxpayer money and not really on sales. Why waste tax payer money that could be put to much better use? Several pundits have opinioned that capitalism and the free market economy principles should be followed and let the companies go bankrupt and free up their people, buildings, patents, etc., from which will arise newer, better, stronger auto companies or divisions for other companies, that will give employees a better chance at a more stable job. Just a quick thought …

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