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Old 12-06-2008, 08:46 PM   #16
Scrotus
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Join Date: Dec 2007
Location: Oregon
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2006 Legacy 2.5i

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Quote:
Originally Posted by jhargis View Post
I think they idea is that if GM/Chrystler go under, then many of their common materials suppliers and OEMs would go under as well... Kind of a cascade effect.
Yes, and it would have some affect on the foreign manufacturers assembling cars in America as well.

Nobody is really 'going under' anyway. Bankrupt maybe, but they will still be operating. Even Chrysler has profitable parts of their business that will be kept no matter what.

IMO we owe GM a lending hand. Maybe not a handout, but a loan is a-okay with me. They sure came in handy producing tanks and airplanes for us in WW2, it would be foolish to lose such a large chunk of manufacturing capacity, and you can sure as hell bet Toyota wouldn't help us build tanks .
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