wallydownundy

Auto manufacturers have been pressing Congress for more and more funds. They say bankruptcy is not an option - it would cause sales to plummet and consumers to lose confidence. Instead they press for billions in taxpayer funds. Columnists call for President Barack Obama to end the merry-go-round. He needs to let the companies fail, declare bankruptcy and restructure. Otherwise the US taxpayer will continue to pay for Detroit’s business mistakes. It’s time for a reality check - if Detroit is given handouts, when will it stop?