Thursday, December 18, 2008

research paper

with my final reserach paper i chose to do the auto bailout. I found a lot of information, almost too much pertaining to this subject so it was hard to just focus on a few topics without introducing more and more. i focused on it's effect of the economy if bankruptcy should happen. i think mitch albom sums up the situation greatly in the past two sunday detroit free presses about the hypocricy of the government nagging on the auto companies but letting many other things fly which have brought us to our credit crunch today. hopefully none of the big three fail as they would be devastating losses to our foundation, not to mention all the jobs that will be lost, probably the biggest point. i nkow of many people who would be directly affected by this. the government won't let them fail whatever the situation will be in my opinion. only time will tell, especially with the new obama administration coming in i'm sure there will be changed on the wy the auto companies do business and possible they can be regulated.

No comments: