Wednesday, April 29, 2009

http://www.nytimes.com/2009/04/29/us/politics/29decide.html?_r=1&hpw

This article is called "Early Resolve- Obama Stand in Auto Crisis

This article talks about what Obama plans to do if the Auto industries can't get their act together. Will Obama let any of the three Big Car Companies go under? It is a real possibility!!!
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2 comments:

  1. Lewis MathiesonApril 29, 2009 at 4:51 PM

    I like his courage to go to the car companies and say "you guys need to make more fuel efficient cars".

    But ultimately, I agree, he should let them fail and let the market naturally sort it out - rather than mass government bailouts.

    ReplyDelete
  2. penaMay 1, 2009 at 1:17 PM

    Yes, maybe letting the car companies bite the dust hard will make them realize that this cannever happen again.

    ReplyDelete

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