A $14 billion rescue package for the nation's imperiled auto industry sped to approval in the House Wednesday night, but the emergency bailout was still in jeopardy from Republicans who were setting out roadblocks in the Senate.
All these bail-outs are scams, if the auto-makers declare bankruptcy the world will continue as normal. They will restructure and be forced to become competitive once again. They said the same things years ago about the Airlines. They are still in business . They just had to become more efficent. That's what the auto companies and banks need to do.