Pro to the question "Should the Big Three car manufacturers be bailed out by the US government?"
Reasoning:
"Letting the auto industry disappear will be devastating... The auto industry supports one of every 10 jobs in the United States. A recent study estimated that 3 million jobs nationwide could be lost in one year if these companies are allowed to fail...
Beyond the $25 billion in loans already approved to help GM, Ford and Chrysler modernize their manufacturing facilities and operations to build more fuel-efficient vehicles, Washington needs to get additional funds to this critical industry with the same urgency they showed in sending help to the financial institutions.
Using a small portion of the $700 billion already set aside to help the national economy recover will save and create millions of American jobs."
"Save Automakers to Help Economy and Security," posted on CNN.com, Nov. 13, 2008
Experts
Individuals with JDs, PhDs, other relevant advanced degrees, CEO's of major car manufacturing companies, and government officials with significant involvement in, or related to, automotive, business, and bankruptcy issues. [Note: Experts definition varies by site]
Involvement and Affiliations:
47th Governor of Michigan, 2003-present
Attorney General, Michigan, 1998-2001
Appointed Wayne County corporation counsel, 1994
Federal prosecutor, Detroit, Michigan, 1990-1994
Former law clerk, Damon Keith, 6th U.S. Circuit Court of Appeals
Member, Phi Beta Kappa Society
Education:
JD, Harvard University Law School, 1987
BA, Political Science and French, University of California at Berkeley, 1984
