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Old 12-09-2008, 08:20 PM   #10
feeler
Avalon Senior Member
 
Join Date: Sep 2008
Posts: 360
Default Re: what happens if we dont bail out auto makers

Quote:
Originally Posted by joe2288 View Post
ive been seeing all this stuff on the news about people not wanting to

bail out the 3 major auto companies im curious if any body has a good idea

of what will happen if we dont bail them out.



The plunge protection team will be ordered to quit (i.e. manipulate). The market will tank. People will see the evaporation of their 401k's. Our govt will come to the rescue. The bailout bill will pass. The plunge protection team will resume their routine (i.e. market manipulation).


-feeler

Last edited by feeler; 12-09-2008 at 08:23 PM.
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