Home › Forums › Financial Markets/Economics › No Bailout! › Congress waited too long to
Congress waited too long to say no bailout. They should have said no a couple of months ago.
The Detroit 3 are more deserving than the banks of a bailout. At least they did not destroy the economy with their defective product.
I personally would bailout GM after they give a pound of flesh. Peter Schiff is right we need to produce more. (At a profit of course.)