My friend Adam hooked me up with this video rant by Jim Cramer who espouses the idea that the U.S. markets will not have a sustainable rally until General Motors is saved. Certainly a hot topic around many a water cooler, folks wonder if Chrysler, GM and Ford deserve to receive a federal bailout? Cramer's argument is that a failure of the one or more of the big three could have massive implications for the economy and your own finances. Cramer is an entertaining guy to watch, so whether or not you agree with him, you won't be wasting your time watching this video clip.
California Autos Examiner
Tuesday, November 11, 2008
Cramer's Impassioned Plea For Saving the Detroit Three
Posted by Michael Sheena at 3:29 PM
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