Would you bail on the auto makers?
So I'll admit I'm probably not the best person from which you should solicit an opinion regarding the Big Three auto makers and the current bailout banter. The Ford I've owned for one year dropped a transmission last week so I'm a little bitter at the moment. We'll save that story for another Talk...
After Senate Republicans said "no thanks" to the bailout proposal in front of them last week, the U.S. auto manufacturers' fate rests in the President's hands. Reports about a timeline for such an announcement are vague but President George W. Bush was quoted on Monday as saying, "This will not be a long process because of the economic fragility of the autos."
What would you do? I want you to vote in the poll question but I also want you to tell me WHY you voted the way you did. Bring it on--I've got my office properly armored. Should the President throw the auto industry a line with this bailout? What conditions are crucial to making it work?
I'll share some of my thoughts next week... after I find out how much it's going to cost to fix my Ford.