Auto bail out

[kygorski]

OK we dont bail them out! how much will each person living in an auto producing state be taved for unemployment insurance? When half the dealerships close, who pays the property taxes that support schools, and civil services?This is a lose lose situation.About half the retired auto workers will go onto ERISA, who pays that? those with young familys, will lose many health benefits, who will pay that? Its cheaper in the long run to loan them the money, and charge a small interest to do it, that way the politicians can add more benefits to their substantial packages they already get.Wake up, all the states are lining up for bail outs, citing poor economic situations, will dening a bail out help?And when the american car industry goes under, where will the competion stopat price gouging?Sure bail outs ****, we dont get any, but we will pay more for not doing it.I worked at a ford assembly plant for almost two weeks when I just turned 18, it was like a gulag when you're starting out. Opted for a nice dirty steel mill job instead.Of course the steel mills are almost all gone, owned by other counties, my cousin was laid off as an iron worker, because they couldn't get steel two years ago.

[DJD]

REJECTED again. I'm speaking solely from a law abiding, bill paying, hard working, gift giving, Veteran, Church going, God fearing, Father and outdoorsman. I don't want a penny given to these companies until the UAW takes a hit as well. Get them on the operating table for all to see and lets start cutting the fat! Unions are being stubborn and digging their heels in getting ready for a fight, well get ready knuckleheads your next!

If the companies get a loan then an interest rate needs to be attached as well as some consessions to anyone buying a U.S car until they pay these loans off.

Bottom line....let them suffer and anyone who gets effected by these corrupt corporations are just going to have to suk it up. Why? Because I'm sick and tired of being the answer to all this corrupt Government and Mega Corporation crap!

[mhall]

REJECTED again. I'm speaking solely from a law abiding, bill paying, hard working, gift giving, Veteran, Church going, God fearing, Father and outdoorsman. I don't want a penny given to these companies until the UAW takes a hit as well. Get them on the operating table for all to see and lets start cutting the fat! Unions are being stubborn and digging their heels in getting ready for a fight, well get ready knuckleheads your next!

If the companies get a loan then an interest rate needs to be attached as well as some consessions to anyone buying a U.S car until they pay these loans off.

Bottom line....let them suffer and anyone who gets effected by these corrupt corporations are just going to have to suk it up. Why? Because I'm sick and tired of being the answer to all this corrupt Government and Mega Corporation crap!

I loved Every single word of this post!!!!!!!!!!!!!!!! Union is saying we aren't giving an inch..........well than go out of business then you stupid bunch of idiots. These mafia Unions have destroyed this country.
Kudos to Mitch McConnell and Jim Bunning for standing their ground to. Basically they are saying if you don't get your extravagent pay scales and benny packages in line with other competitors then you aren't get one RED CENT.

[kygorski]

The government of japan, and germany both helped those car companys. They also have government paid health insurance.And before all this FREE? trade, they taxed the hell out of american cars sold there.Yeah let congress deny the bail out, all of them will still be getting paid, and their benefits will still be tax payer funded.Its the same ole same ole, give to finance, oil, and farmers, and screw most everybody else.And let the government run part of the auto industry? The government that several years sold siezed autos and boats and houses from drug dealers and LOST money,. that government? The government that was doing so well for all those 6 years, and let the democrats ruin the whole country in two years? wait thje dems only controlled one third, the senate was republican yet .

[GeoFisher]

The government of japan, and germany both helped those car companys. They also have government paid health insurance.And before all this FREE? trade, they taxed the hell out of american cars sold there.Yeah let congress deny the bail out, all of them will still be getting paid, and their benefits will still be tax payer funded.Its the same ole same ole, give to finance, oil, and farmers, and screw most everybody else.And let the government run part of the auto industry? The government that several years sold siezed autos and boats and houses from drug dealers and LOST money,. that government? The government that was doing so well for all those 6 years, and let the democrats ruin the whole country in two years? wait thje dems only controlled one third, the senate was republican yet .

Yet with all these TAXES, the best selling vehicle in China is NOT a Toyota, NOT a Hyundai, Not a Mazda...........it is a GM vehicle......IMAGINE THAT.

It sells BETTER there, because it is MADE THERE, and they have no UNIONS.

Get rid of the UNIONS, pay a CORRECT WAGE, and the automakers will start selling their vehicles HERE.

We CANNOT compete with labor costs.

AND DON'T THINK we don't already subsidize the auto industry.....WE DO, but most of it is hidden.

AND with regards to taxes.........in the Late 70's and early 80's, the foreign SMALL cars were beating the HELL out of us on price, so our government, decided to TAX the CRAP out of foreign imports.......They were trying to make our vehicles more competitive, by ARTIFICALLY inflating the price of foreign vehicles..........SO, in their INFINITE WISDOM, what did the big 3 do................of COURSE........they raised the price of their vehicles 20 percent.......BRILLIANT.


Later,

Geo

[Chubminnow]

My dad always told me: "Boy you got yourself in this mess now you can get yourself out."

I will continue supporting GM as I have done all of my adult life, at least until I am forced to make another choice, but not with any handouts, bailouts, "loans", or whatever else the Big 3 are now referring to it as. And then I heard they (U.A.W.) have the gall to say if the government goes on vacation without addressing the issue then the government will be to blame for the consequences????? What the heck?????

[DJD]

My dad always told me: "Boy you got yourself in this mess now you can get yourself out."

I will continue supporting GM as I have done all of my adult life, at least until I am forced to make another choice, but not with any handouts, bailouts, "loans", or whatever else the Big 3 are now referring to it as. And then I heard they (U.A.W.) have the gall to say if the government goes on vacation without addressing the issue then the government will be to blame for the consequences????? What the heck?????

You nailed the problem..Unions. They are worse than the Gubment when it comes to doing what they want and strong arming companies. So now they are going to strong arm the rest of us. I say let the whole thing suffer and get rid of these crooks. The better companies will rise to the top.
I think they left yesterday without a bailout approval. They are just waiting for Barry to throw his weight around.JMO

[mhall]

Did you boys see where all the big three top dogs flew to Washington in their private jets at the tune of over 20 thousand dollars a piece. First class on a regular airline would have been about 800 dollars. To HELL WITH ALL OF THEM!!!!!!!!!!!!!!!! One senator asked the Ford guy how many homeless people do you know that show up at food shelters begging for food in a top hat and tuxedo. I say let'em sink like concrete block!!

[DJD]

Did you boys see where all the big three top dogs flew to Washington in their private jets at the tune of over 20 thousand dollars a piece. First class on a regular airline would have been about 800 dollars. To HELL WITH ALL OF THEM!!!!!!!!!!!!!!!! One senator asked the Ford guy how many homeless people do you know that show up at food shelters begging for food in a top hat and tuxedo. I say let'em sink like concrete block!!

Yeah the heck with these entitled executives. The Unions won't budge so why should we?
Look, I can see both sides(as much as my brain can deal with) and the alot of workers are going to get screwed either way. I feel for the men and women whose lives are being played with by terrible decisions of upper management. So fire the bigdogs, take their pensions or reduce them to a comparable level of an average workers and start over. If they get any help at all it should be with STRICT regulations and STRICT timelines on a payback with interest. Not one person should get a bonus and the unions should have to **** up sme of the pain.
I would like to see the UAW get some bad press over this. I hope the story goes that way before it's over!!! Just a bunch of legal pirates!!!

[Chubminnow]

As everyone knows, back in the day the unions were needed...this is DEFINITELY not the case anymore. I've never worked for any union, all I have is a high school education and I'm making it just fine.

I'm wondering if we're seeing another revolution taking place right here, right now...kind of like back in the 60's...bank bailouts, unions whining: "Please help us too!", a black president, maybe all this should be saved for an entirely different thread.

[pontooner]

Did you boys see where all the big three top dogs flew to Washington in their private jets at the tune of over 20 thousand dollars a piece. First class on a regular airline would have been about 800 dollars. To HELL WITH ALL OF THEM!!!!!!!!!!!!!!!! One senator asked the Ford guy how many homeless people do you know that show up at food shelters begging for food in a top hat and tuxedo. I say let'em sink like concrete block!!

Yeah, those guys are morons. Seriously your asking for financial help and you fly in on a private jet? One senator ask why didn't they all "jet pool" in together, "jet pool" thats comedy right there.

One of the big wigs said he would work for a $1.00 and another was asked if he would, he danced around the question like a cat on a hot tin roof, finally saying he was fine where he was at.

I was leaning toward helping them out to begin with because so many other parts manufactures were going to be hurt but I'm totally soured on the idea now.

[Boat Bums]

Grow up
[FONT=Arial]Hey how about the UAW they make more than me I have a 4 year degree work for a world wide company In the Maintance Dept. They have run the price of cars to the point normally people can't buy them. Wonder why food prices are high, A farm can't buy tools to do farm work. Trucks are so Dr.s can make sure they make it to work in the snow. Or so ever home in subs can haul their boat, pwc, to the lake ever weekend. From the time I was 18 until now the price of a f150 has went from 10,000.00 up to 35,000.00. I saw a major jump when we had the big snow. Normally people have lost their jobs and are not getting 80% of their pay.[/FONT]