Because the oil companies aren't stupid enough to dump billions into companies that don't know how to operate and survive in a changing economy and market. Why won't Daimler, who is very profitable, and owns 80% of Chrysler, bail them out? Because they don't have to as they know the American taxpayers will. This is complete and utter BS and the bailouts should not happen.Why doesn't GM, Ford %26amp; Chrysler go to the OIL COMPANIES for help?
THAT is very good question.....
makes sense....
the auto makers make the vehicles that the oil companies product goes into....
E MAIL BARNEY FRANK!!!!
http://www.house.gov/frank/contact.html
they could lend the auto makers some money.
That would be great. Unfortunately it would never work.
Shareholders of the oil companies would go berserk if the companies risked billions of dollars in the auto companies.
Instead of giving all the money to the car companies, give it to the public so they can all buy brand new American made cars. That would give a huge boost to the auto makers.
do they not help run such companies by their oil guzzling inventions( vehicles)?
Because the plan is to have all major industries fall under the power of government. It's called fascism.
or maybe turn to walmart or target
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