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Old 11-11-2008, 09:53 AM   #445
Table 5
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Quote:
Originally Posted by Azure View Post
Will it save GM and keep the company going, giving those people an extension on their jobs? Or will they simply go bankrupt 5 years down the road once again?

EDIT: And like others have said, the government shouldn't be bailing out these companies where the unions have completely screwed over everything.
Hey, I'm no fan of unions either, but that's not really my point. Letting GM (and Chrysler) go under will have big effect on everyone, not just union workers....it will effect everyones stocks, 401ks, housing values, and decrate the already horrible mood of the world even more so.

Unions need to be dealt with, but I'm not sure letting the entire auto industry collapse is worth it right now.
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