auto bailout negotiations fail in senate, page-144

>>>Of course the US taxpayer should save the Detroit auto manufacturers - its problems stem from misguided US government policy on automotive fuel pricing<<<

Garbage!.....It has NOTHING to do with fuel priceing and everything to do with loose and irresponsible fiscal policy and easy credit.

Both GM and Ford over the last decade have issued massive amounts of bonds to finance a free for all without any consideration as to how they were going to pay for that debt issuance.

The corporate knuckle heads running these firms are more to blame than the Government.

It's time for the "piper to be paid" and the money box is empty!