EconWatch.com > STUDY: 76% of Americans believe economy can survive without GM

[Autoblog] According to The Detroit Free Press, Rasmussen Reports called 1,000 people and asked them if they believed "the economy could recover without General Motors in business." The results were clear: 76% of respondents said "Yes, it can." The sentiment against any more taxpayer money being used to assist automakers was clear as well: 62% said neither GM nor Chrysler should receive any more loans.

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[The Torque Report] Majority of Voters Feel that the Economy Can Survive Without GM ...: GM may have mismanaged their product line but that doesn't mean they couldn't turn around. There is plenty activity to make them competitive again, all that's needed is a shrinking (by concentrating on a future market) and trying to be a technology leader without alienating today's customers.

[Autocata] STUDY: 76% of Americans believe economy can survive without GM ...: According to The Detroit Free Press, Rasmussen Reports called 1,000 people and asked them if they believed “the economy could recover without General Motors in business.” The results were clear: 76% of respondents said “Yes, it can.”

[Leftlane - news, reviews, and info for the auto-industry] Poll: Most Americans believe “economy can bounce” back even without GM: If Americans were to save the car companies I’d wager they are willing to do so for only one of them, and the only one who has shown any public prudence is Ford. Now, I am not brand-centric, but I too would opt to help Ford as they have the best odds of surviving and the least odds of taking more money out of taxpayers pockets.

[Truck Trend Blog] New Poll Shows Majority of Americans Think US Economy Can Survive ...: The poll also found that 62% of Americans are against any further taxpayer-backed loans to the automakers and 59% believe that Chrysler or GM going out of business in the next few years is either "somewhat likely" or "very likely." The poll surveyed 1000 voters across the country and had a margin of error of +/- 3%.

[Room for Debate] G.M. and U.A.W.: The Noose Tightens - Room for Debate Blog ...: President Bush gave the automakers $17 billion and three months to come up with a serious restructuring plan that could restore them to profitability. The automakers spent that money and came up with plans that Obama’s task force found laughable: unrealistic sales projections, too many brands, inadequate reductions in labor costs.

[The Seferm Post] 76% Say Economic Recovery Possible Even If GM Fails | The Seferm Post: There is very little partisan disagreement on the economy's chances for recovery minus GM. Seventy-seven percent (77%) of Republicans, 72% of Democrats and 80% of voters not affiliated with either party say the economy can recover even if GM fails.

[NewsDaily: Business Headlines] NewsDaily: Asian shares extend rally, caution sets in: Asian stocks started the new quarter with more gains after an impressive performance in March on expectations the frail global economy is about to bottom out and hopes the financial system was on the mend. GM warned on Tuesday there was a rising chance it could file for bankruptcy by June, as Fiat SpA and Chrysler executives met in a race to complete a tie-up the U.S. government says Chrysler needs to survive.

[Hot Air » Top Picks] Hot Air » Blog Archive » GM CEO resigns ”” at Obama’s behest: GM’s argument to date about why it should be bailed out has been that it would ultimately be more expensive to the taxpayer to pay for Chapter 11. Note that Obama’s been announcing things like, say, support for parts manufacturers under TARP - exactly the people would be harmed by a bankruptcy.

[my.IS - Lexus IS Forum] my.IS - Lexus IS Forum - STUDY: 76% of Americans believe economy ...: Americans dont want to not buy GM because Toyota/Honda/whatever are better. They don't want to buy GM because for the past 20 or so years, except for the halo cars, GM has put out a shit product, and when Americans didn't like it, they all but said "fuck you, deal with it."

[Comments for td blog] 95% LIAR « td blog: Bob Corker, R-Tenn., said the news that Wagoner was leaving GM was a smokescreen by the administration to disguise the fact that little had been achieved in the restructuring of the company.

[NO QUARTER] [Mon. a.m. Updates] Rick Wagoner: Slaughtered As a Triumphant ...: BO said this morning that he will not run GM.Well, everything he says so far has been a lie except to Joe the Plumber about “redistributing the wealth.” Oh and even then heforgot to mention that he’s redistributing into the accounts of the very few at the top–you know like Castro has hundreds of millions while his people starve.

[Hot Air » Top Picks] Hot Air » Blog Archive » Video: Social Security surpluses gone: In the absence of Fannie Mae and Freddie Mac, mortgage risk would likely be held by large banks and other types of financial institutions, which themselves benefit from the perception that they are “too big to fail.” Fannie Mae and Freddie Mac are among the largest financial institutions in the country. Even in the absence of a GSE charter it is likely that they would continue to benefit from their size, since the government has intervened on behalf of other large institutions in the past.21 …

[Pajamas Media] Pajamas Media » Obama Uses ”˜Politics of Fear’ He Once Criticized: and “how can we adapt to the current climate in order to stay relevant”, conservatives have instead adopted the hysterical position that it’s not conservatives who are the problem, but it’s everyone else, i.e., the vast majority of Americans, who must be ignorant sheep for just not realizing that one day soon President Obama is going to take off his mask and reveal himself as a socialist/marxist/totalitarian/cylon/velociraptor/sith lord, leaving all of us to wonder how a nerdy, pragmatic intellectual family man could have possibly bamboozled us and subsequently trampled our democracy under his boot.

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