Another bailout?

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The issue of bailing out General Motors, Chrysler and Ford with a 15 million dollars bailout is not going to settle anything. These companies need to define what the problem is and the people in charge should be responsible for this. While these car companies are constantly laying people off, the heads of each are comfortably sitting on their thick wallets. If this bailout passes then who's to say that it will even solve anything. This is not new news that these companies are doing poorly. They should have fixed the problem a long time ago. It should not be our job to bail them out and put our nation in more debt than it is currently.

The one problem that many are worried about, and I believe is why this bill is not being laughed at, is the loss of jobs. These companies should be given some relief so that millions don't lose their job, but I feel that they should be carefully observed. I do not feel that they should just be given a handout and set on their way without any future plans to fix the problem. They should be given money every so often and then checked up on to make sure that changes are being made. If no substantial changes are made then each year the government will have to keep giving them money. Which leaves me to wonder, when will it stop? I feel for the families that are scared of losing their jobs and that is the only reason I feel these companies should be helped at all.

Alex Trostle
York College of Pennsylvania

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This page contains a single entry by Yorkblog published on December 15, 2008 9:13 PM.

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