Comments on: White House Auto Bailout Plan In Neutral

Pressure Mounts Over Administration's Promised Rescue Package For Ailing Industry

[hitoyou11]

Good. Maybe BUSH will do one thing right, no BAILOUT for the Automakers and the UAW. Don''t bail them out. Let them go under.

[romeaux]

Any bailout of the auto industry is really just a bailout of the UAW---until the beg three (sorry, I meant the big three)completely restructure their business models no amount of "bailout" will fix the problem

[afmca]

Again, why did Wall Street get 700 BILLION with no strings attached when they don''t actually make anything; while the auto industry is raked over the coals for 15 BILLION. Do Americans actually not want any manufacturing base at all that is American owned? I am not saying the car manufacturers deserve it, but neither does Wall Street. Look at what they have done with their money .. buying healthy companies, throwing parties, and keeping bonuses. They aren''t doing much lending or economic stimulus. At least the car manufacturers had to show a business plan, with Wall Street we got nothing and have nothing to show for our investment.

[art001-2009]

Throwing money into the auto industry is like passing a bucket to the captain of the Titanic. They need to do some major restructuring and if it means let them go under and start again then do it.
First and foremost, get rid of the UAW. Hire the workers back under a new company. As for the retired members getting a pension...there''s always social security and Obama''s new health plan.