I'm supposed to be on vacation, but I had to make one post.
The Obama administration has told the auto industry that it doesn't think their plans to stay afloat will work. They have a few weeks to get their act together if they want more help from the government.
I used to be against giving any tax dollars to the automakers, until I was on a radio show where the point was brought up that the auto industry, more than any other single business, was responsible for moving blue-collar African-Americans into the middle class. Of course, a lot of those manufacturing jobs are now gone, but many people, especially in the Midwest and some southern states, still depend on those jobs.
So what's your take? Should the government make sure GM and Chrysler stay afloat like they've done for banks? Should people who still depend on the car industry for jobs hang on or start looking for modern opportunities?