bailouts are good for the stock market and economy in deflationry situation the Gm bailout should be good for another 10% rally in the spooz
I hope the GM and the rest of the US auto companies get the bailout so we can see them just fail again because they will. If they could not even make a penny during the biggest boom of this nations history what makes you think handing them billions of dollars is going to do?? How many damn times are they going to restructure what they have, they cannot make it now they will never make it. If the dont get the bailout say hello to a 10% drop in the markets, a bailout will push markets higher but that my friend will only be temporary.