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Do you approve of the government's decision to rescue Citigroup as the auto industry begs for help?
 
Should the government allow the Big Three to go under?
 
features arrow Modern-day Titanic
modern-day titanic PDF Print E-mail

First, American taxpayers are forced into a $700 billion bailout of insurer American International Group Inc; investment bank Bear Stearns; and mortgage companies Fannie Mae and Freddie Mac, and now the country's big three automakers – Chrysler, LLC; Ford Motor Co.; and General Motors Corp – are begging Americans to shell out another $25 billion. Executives of the Big Three say if they don't get the cash, and fast, the auto industry will surely sink before the end of the year, taking with it millions of jobs. Yet, according to ABC News’ Brian Ross, the CEOs of Ford and General Motors refuse to cut back on certain expenditures such as their $20 million private jet flights. With the auto industry tittering on the brink of collapse, the implosion of the housing market and the depressed stock market, chinika.com wants to know how YOU are surviving this dismal economy. What are you sacrificing to make ends meet?  And should the government let the Big Three go under?

vote/debate

Watch as the Big Three beg for cash on Captiol Hill.

 

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