GM - Should Obama Give Bailout to Automakers!

Recently, GM’s CEO, Rick Wagoner stepped down from his position after being asked to resign by the White House. Obama continues to give financial aid to GM as it has financial difficulty. Obama is going to announce a plan to aid the 2 major automakers, Chrysler and General Motors. Many people are disappointed when he stepped down because he was a big contribution to the company. If Obama does give them a bailout, or a "plan to aid", U.S. will just lose money because it will bring the automakers back to square 1. Financially, GM and Chrysler are unstable. Their products can be expensive, but when nobody has money, nobody can buy.