User 227528

Is One Automaker Default Almost a Sure Thing?

JasonC you are correct, there are huge ramifications that the author doesn’t bother to discuss, but it is useless to argue with Mr TheSkyIsFalling Shedlock, he is not trying to make a point; he is just cheering and hoping to profit from shorting on all the companies he writes about…

As for the taxpayer rescuing the banks and automakers, it would be helpful if someone do some research on how much taxes (direct and indirect) those companies have paid in the past 10 years and how much more could paid in the future if they are helped to survive.