No bailout for Red Ink Rick

[zedmanauk]

The Senate today decided to punt on giving the Big 2.8 (Chrysler is still 20% German owned, by Daimler) American automakers a bailout.  They are correct to do so in the current environment.  Here are some reasons why:

• MYTH: The big 2.8 automakers are all the same.
• REALITY: Ford is in far better shape than GM and Chrysler.  Their incompetent CEO,

Comments

[kyburg]

Jeebus, unlock this post. You're dead in the black and I've been saying the same for years!

[zedmanauk]

Unlocked.