Auto bail out

[mhall]

True but something like $60mil is what I hear for a CEO and the other perks. I think they need to tighten up a bit. I do not want to see anyone out of work. Sometimes you have to trim the fat. Let them trim. Paying to put their names on buildings, tv stars advertiseing for them. Privet jets and who knows what else? That's all im saying.

And with our government. We need to stop trying to buy love from countries that could care less about us and let us use that money at home in the US.

DA

Tell it Brother Tell it!!!!!!! Buick alone (GM) was paying that Tiger Woods like 18 million dollars to do their stupid commercials. When I see the Fat Cats start to ligitimately give up their extravagent wealth and make concessions and these criminal Unions give some then I might be willing to at least listen.
Lee Iacocca worked for a dollar until Chrysler got back on it's feet and he seen that the government got payed back every dime.
The big three leaders now couldn't carry that man's brief case. He is a bigtime conservative will old fashioned hard work values and ethics. The three are saw and listened to at those talks were greedy no count SOB'S. I'll say it again to Hell with'em and let the lesson be learned for future generations it's the only way this decadence will ever stop. FIRE'EM ALL AND LET GOD SORT'EM OUT!!!!!

[MsgMills]

Well from the looks of the News reports on what the 3 Major Auto makers are going to do to trim the fat as you say.....Looks like Ford's CEO is going to work for $ 1.00 for every year the Loan is made for the contract. All the jets are being stored, cleaned and sold, plus other items will be sold off to help retool the companies.

[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.