Americans uneasy over bailout for automakers (Reuters)

[Eugene]

Source: Reuters

Americans uneasy over bailout for automakers
Mon Nov 17, 2008 3:37am EST

By Matthew Bigg

ATLANTA (Reuters) - As Congress debates legislation
to help struggling automakers on Monday, many Americans
said they were uneasy with the plan, arguing that while
it may save jobs, it would reward companies for pursuing
bad business practices.

In interviews from New York to Los Angeles, everyday
Americans said the proposed $25 billion rescue plan was
unfair and said it would make it harder to reform U.S.
automakers.

-snip-

The three companies, whose gas-guzzling vehicles have
been losing market share to Japanese rivals for years,
are lobbying for the money to help them restructure and
survive the economic downturn.

-snip-

In Los Angeles, which hosts the Los Angeles Auto Show
this week, many people said they doubted a bailout was
the best course of action. Some said it might be better
for the companies to go bankrupt. Others said the
industry could not survive long-term and that the
bailout would be throwing good money after bad.

-snip-

Read more: http://www.reuters.com/article/topNews/idUSTRE4AG0Y620081117

[glowing]

1. How about socializing it a bit.. If we bailout, make sure business models

work for the current century.. and when it does well again, line our pockets with some of the profits. Why only take on the losses and the big fat CEO's make all the profits?

[Eric J in MN]

2. Some polling numbers would have helped the article.

Someone could have written an article with quotes from ordinary Americans, but with a theme of "Americans want bailout for automakers."

[TexasObserver]

3. It's an opinion piece, presented as a news story.

Hey, I talked to Joe the Plumber, and he said ....