Agreed.

>Better than 'so sad, too bad' ; Agreed not optimum, but if they didn't do it, people would stop buying the cars altogether
>GM/Chrysler should be allowed to fail, but helping them limp along while in recession is cheaper than paying everybody unemployment. If they haven't gotten it together to take advantage of the reviving economy (if and when that happens) then let them die.
>
>>Or provide a place to maintain the vehicles for those auto brands which close completely if not sold off (like Saturn?) Will I be forced to have the government do the services on my Saturn Astra in the future? So much for resaleability for those vehicles. Hmmmm, been there done that government worker thing....not happy.
>>
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>>>I believe this is to reduce the flight from these brands since it looks like they will be put into bankruptcy.
>>>
>>>>He'll use our tax money to fix cars. Great. Build a gigantic auto- repair shop. That should employe a few thousand people.
>>>>
>>>>http://www.foxnews.com/politics/first100days/2009/03/31/details-obamas-auto-warranty-plan-emerges/
>>>>
>>>>I don't get it. Why not just enforce existing binding contracts between the buyer and the car dealer. Don't we have laws that oversee contracts between the car dealer and the buyers?
>>>>Only during restructuring but still...
>>>>Why do the gov't have to fix cars?