亂彈煤井新聞-- Alll about $17.4billion bailout

Mr Bush says government will give automakers $17.4Bs in loans.Is it one kind of aid, bailout or one step for orderly bankruptcy.Will GM or Chrysler survive with blood money from American taxpayers?I wish so, but the big environment does not support so. Let's see:

1. We are still in the middle of this devastating crisis. Americans are scared and still would not like to spend more because of unpredicatable future economics. Most families are scared by the crash of bullshitting Wall Street and scandals in the investment community. "CASH IS THE KING" is always right --at least, you won't lose your nest eggs .
2. Is GM becoming better or worse since CEO Rick Wagnoner took office in 2000.Even we acknowledged that he had driven a lot of reforms, but nothing make GM more competitive after 8 years passed by.
3. GM still have big burden from the unions. Are the unions really protecting our workers or just grabbing money from worker's labor. I would say more defects than benefits. Are GM workers getting better pay or the difference between the cost of US automobile workers and foreign automaker went to the redundant UAW who is not working?
4. Detroit still produced more cars than what American could buy. They are just wasting everything to sustain some jobs which shouldn't exist according to the market. Is this reasonable or a smart way to sustain for the long term.
5. Chrysler got $4 billion, but seems they have given up the hope of survival and ready to sell on the market. Is it good for the government to rescue private company using tax payer's money?We are marching towards socialism while most politicians in this land blaming other countries for this.Sounds crazy, right? You could see how many private companies got rescued in this crisis: GS, MS, GM.Why the government does not bailout every family who suffered more in this crisis? You know what I am trying to say.

I do think this is just the start, not the end. The end of the game maybe: GM and Chrysler are in the process of orderly bankrupcy and finally they are merged and nationalized.