Q&A: Should the Government Keep ‘Helping Out’ GM?

By Ross LaHive
Ross LaHive
Ross LaHive
June 5, 2009Updated: January 4, 2013
Kim Fowler
Kim Fowler

NEW YORK—General Motors, once a symbol of America’s industrial might, filed for Chapter 11 Bankruptcy on Monday. Now, the humbled giant has been taken under the wing of the Federal Government with nearly $50 billion in bailout money. The Epoch Times went out to find if the American Government should keep helping out GM?

Kim Fowler, 30, Manhattan, Director
“It’s hard because I have family in Michigan, on the other hand we can’t keep bailing companies out, when do we draw the line?”

 

 

Andrew Schwertfeger
Andrew Schwertfeger

Jonathan Golden, 26, Brooklyn, Paralegal
“Not a simple answer. It’s an extremely complex situation but I don’t want to find out the consequences for not bailing them out.”

 

 

 

 

 

 

 

Andrew Schwertfeger, 26, Brooklyn, Film Producer
“I don’t think it’s as cut and dry an answer as that. It’s not a yes or no question. It is much more complex.”

 

 

 

 

 

 

Garrett Banton
Garrett Banton

Garrett Banton, 29, Manhattan, Actor
“I don’t think we should leave them behind. It’s part of what capitalism is about and, anyway, what’s the alternative if we don’t bail them out.”

[All photos by Ross Lahive/The Epoch Times]

 

Day in Photos: Brooklyn Building Collapse, Heavy Rainfall in France, and Meteorite Exhibition
RELATED
RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug