The diners, grocery stores, clothing stores, I bet even the Walmarts would be affected by such a devastating blow. And let’s not forget that all those people whose lives would be ruined by losing their jobs – let’s face it – some of them might never recover. That adds an additional burden to the social services sector of local and state governments, decreases the amount of income taxes paid to the fed, and increases the already staggering deficit. Ok, so I’m not an economist and most of what I’ve said is speculation but that’s the way I see it.

Chrysler did overcome and reinvent it’s product line following the bailout. It gave them the resources to do that reinvention and I think the other automakers are painfully aware of their current market share status. Changes will come from this situation and I have not doubt that they will rise from this crisis stronger than ever, once they get their stuff together.

Yeah, I’d like to see this tightly controlled unlike what they did with the bank bailouts. Paying dividends and executive bonuses with the bailout money – someone should slap those fools.

Gretchen