NO BAIL OUT TO THREE PRIVATE AUTO MAKERS. LET THEM MANAGE THEM OR GO FOR BANKRUPTCY. AMERICAN GOVT. MUST STAND FIRM AGAINST SUCH MOVE.

Submitted by Mohammad,CPA (United States), Nov 19, 2008 at 17:11

It is NOT the Duty of American Government to bail out Every Company or Person for thier Financial mess up. Let the Three Giant Auto Makers manage their Affairs. Government of America must not bail them out. If the Three Auto Makers can't manage their Affairs, let them go for Liquidation according to the Laws of the Land.

New Buyers will come forward to buy these Auto Makers and hire or reemploy the Old Employees.

Further Government must not succumb to the Pressure of the Union. In fact, Unions are the Enemies of the Ailing Auto Makers. There is no Necessity of any Union. Government can take care of the Interest of the the Employees. In case, Govt. Agency fails to protect the Interest of the Employees, the Biased Agency must be removed & an Honest Agency be replaced, which will proptect & promote the Interest of the Employees. There must not be any Avenues to exploit the Employees.

This is the Right Prescription for the American Economy.

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