12-03-2008, 04:33 AM
Problem is karsen, your entire argument falls flat on its face because there is no "upstart American automobile company" anywhere in the wings looking to take over a piece of the market. Given the startup costs to enter in this day and age where you have certain technologies required to even have a sellable vehicle, it is unlikely there will be a "new" company able to enter the market. Most likely if the GM, Ford and Chrysler portion of the supply goes away it will be filled from the other existing players in the field. That is of course, unless a government action takes place to protect the new company from competition until it is profitable.
Now as for nationalizing GM or one of the other US car companies, that is more than I see a need for at this time. But if we as a country do end up "bailing them out", we do need to get something back in exchange for that help.
Now as for nationalizing GM or one of the other US car companies, that is more than I see a need for at this time. But if we as a country do end up "bailing them out", we do need to get something back in exchange for that help.