link to classbrain.com home page link to classbrain.com home page link to teens home page link to teens home page link to teens school matters link to teens subjects link to teens after hours link to classbrain.com home page

Subjects Home 
 
  Art & Music
 
  ClassBrain DMOZ Directory
 
  Drivers Education
 
  Foreign Language
 
  Language Arts
 
  Law
 
  Math
 
  Physical Education
 
  Practical Arts
 
  Science
 
  Social Studies
  Current Events
  Geography
  History
  Political Cartoons
  Sociology
 plug-in page link  link to ask classbrain
Political Cartoons  


$25 Billion Salvage Plan for the Big 3 Auto Companies
By Cartoon: Gary McCoy of Cagle Cartoons
Project: Cynthia Kirkeby
Nov 27, 2008, 13:02 PST

© Gary McCoy of Cagle Cartoons 2008


$25 Billion Salvage Plan for the Big 3 Auto Companies

GM, Ford, and Chrysler have gone to Washington to ask for $25 Billion (yes billion with a capital B) in loans to rescue their companies, and approximately one million related jobs. At the same time, their top executives arrived in Washington on private jets, and when asked if they were willing to give up their jets or their multi-million dollar paychecks, the executives unanimously declined.



Questions to Ponder

  • Is a $25 million dollar auto company bailout a needed step, or is it simply time for the dinosaurs of the industry to make room for a new round of auto makers?

  • Years ago it was unthinkable for TWA (TransWorld Airlines) and PanAm to go out of business, but when they did, they made room for upstarts such as Southwest Airlines, and Jet Blue. Are we at a similar turning point for the auto industry?

  • Is the artificial propping up of the big three automotive companies, actually holding back the industry and keeping more cost efficient and furl efficient cars off the market?

  • Are there any small US auto makers who are posed to move into more prominent market positions, one or more of the Big Three went out of business?




Learning Links for the $25 Billion Automotive Bailout



  • Obama backs Congress' decision to delay auto bailout
    Source: detnews.com


    © Copyright 2008 by Classbrain.com

    Top of Page



  • Google

    Search ClassBrain
    Search WWW

    DICTIONARY


    Political Cartoons
    Latest Headlines
    Another Food Pyramid
    Swine Flu Pandemic
    Dalai Lama In Exile For 50 Years
    Space Trash
    Science Is Making A Comeback
    The Lynch Mob
    The Pope Against Condoms
    The 56th Presidential Inauguration of the President of The US
    $25 Billion Salvage Plan for the Big 3 Auto Companies
    The Amazing Wall Street Bailout Trick
    Mumbai Terror
    A Historic Presidential Election
    How the Electoral College Works
    Why Your Vote Counts
    Contaminated Chinese Baby Milk Formula
    The Presidential Debates
    Sarah Palin Unscripted
    China's First Spacewalk
    The Amazing Wall Street Bailout Trick
    The Big One

    Corporate info | ClassBrain Home | Privacy and Copyright | Contact | Parents & Teachers | NeedHelp?