And she probably wonders why she was banished to a secret undisclosed location after her last eruption. What an idiotic thing to say a week before the election. But this is way Republicans thinks. Let the US auto industry go bankrupt in order to pay homage to the all-knowing almighty "market."
From Reuters:
The U.S. government can assist automakers but cannot save them and any aid should be limited so taxpayers do not become ensnared in a long-term investment in the embattled industry, an economic adviser to Republican presidential candidate John McCain said on Monday.
"I don't think the government can rescue the industry," Carly Fiorina, former chief executive of Hewlett-Packard Corp, told Reuters at an event in suburban Detroit.
"Whatever the government does, it should not take away the fundamentals of risk-taking. Sometimes it leads to rewards and sometimes consequences, downside," she said. "In other words, the auto industry cannot be saved from its own bad bets."
