Let GM and Chrysler go Bankrupt

This post was written by marc on February 18, 2009
Posted Under: Letters to the Editor

Letter to the Editor

There are too many car companies who are trying to sell too many cars to too few car buyers. GM and Chrysler keep sucking up billions of taxpayer money and it’s time to stop it. Propping up failing auto companies puts the rest of the auto industry at risk of collapsing as well. for less money than GM wants we could bail out the state of California. It time we let failing auto companies fail. GM’s failure would be good for the rest of the auto industry and the saved money can be used to develop the electric car. Something GM has been trying to kill. That would be money better spent that paying union workers not to work.

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