[0:00:29] ... past year what they would no bailouts for the banks. For the car industry what a dollar was no longer the reserve currency even what the government itself. Was different and John McCain was in ...
[0:09:18] ... is. Joining us now to talk about where we would be without car Benjamin Shabazz senior lecture at the department of economics -- young university and a member of the national bureau. Economic research -- ...
[0:13:37] ... they feel that this is contrary to their contract rights. The filling GM bondholders would -- right. The costs -- in the future. You if -- we attract a lot of money in the United ...
[0:20:33] ... a horrific accident woman was -- to kill their kids in the car we hear stories like this is this going to just. More fatalities. More as Chris said rehab more issues for society that ...
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[0:00:17] ... we all are each individual and that doesn't even get you -- car. -- what if there weren't any bailout for GM and Chrysler children's own partner at Amherst partners. Joins us right now from Detroit. This is probably the question that most people ask shelled ...
[0:00:57] ... bailout of the banks but the fact of the matter is if GM and Chrysler would have went down. There would have been a loss here in North America of about 200000. Jobs just after those two ...
[0:03:13] ... ghost town up there it seems like that's going away anyway. And Chrysler may very well go away as well and GM may not be able to survive this. ...
[0:03:41] ... key here is is the current model sustainable. Meaning king and Kim Chrysler and can GM. Continue. Or begin to pay back the government loans in generate cash from operations we -- GM's. Release of earnings this week for Q3. It was disappointing that they can make a profit but the good news was is ...
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[0:05:38] ... companies that failed should've been allowed to fail you know if if General Motors has been. That if they had the skinny down instead some plants other more healthy companies Toyota in the sun. I would've ...
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