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I Know The Big Three Auto Execs Had To Come Up With A Plan For Congress.......

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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-03-08 02:22 PM
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I Know The Big Three Auto Execs Had To Come Up With A Plan For Congress.......
as to what they will do with the 'loan' money and what it effectively does in terms of keeping them afloat. BUT - has anybody analyzed the effects of what would happen to the economy if they go belly up - effects on other industries, companies, workers, etc?

I imagine there is a domino effect that would happen - I'm just wondering if anyone has done a thorough analysis of that domino effect so that Congress can weigh the two outcomes - bailout loan or no bailout loan.
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polichick Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-03-08 02:24 PM
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1. I'll bet the governor of Michigan has a good idea of the domino effect...
...and she has the ear of many in Congress, as well as Obama.
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