No Senate Bailout for Auto Industry (with new money)


Ok, at risk of tainting my own poll a friend asked me my thoughts on this question today so here we go….

For the bailout plan to pass it must go though the senate first. Here are a few facts:

  1. The US is an extremely polarized country with Republicans and Democrats standing on either side of many issues. When it comes to the issue of bail outs Republicans do not fundamentally support it- it is really that black and white if it ain’t laissez faire they aren’t interested. (Why did they support the bank bailout you might ask? Because voters were going to the polls in 30 days.)

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