Comments on: Pelosi Pushes Aid For Auto Industry

House Speaker Calls For "Emergency And Limited Financial Assistance" During Lame Duck Session

[txgrouch2007]

I hope this is NOT a preview of what''''s to come. Posted by TiredoftheBS at 03:10 AM : Nov 12, 2008

It IS, and it''s ALL PART OF THE PLAN.

The Democrats'' intention in wrecking the economy (with full bipartisan support from idiots like Gramm and Bush) is to put US businesses on their knees begging for government bailouts.

As the government HAS DONE with AIG, the government will end up OWNING THE BUSINESSES. Businesses will become dependent on government subsidies to survive.

WELCOME TO COMMUNISM WITH NATIONALIZED BUSINESSES - ONE INDUSTRY AT A TIME.

Do you wonder why they started with the FINANCIAL BUSINESSES??? It''s so they can CONTROL THE FINANCES OF ALL BUSINESSES to FORCE them into this communist pit.

The people of our nation watched the Berlin Wall fall on their TV sets in their living rooms. Then in the VERY NEXT election, they ran out and elected a Democrat for president. This apparently unstoppable slide into communism started then.

[tmittelstaed]

The big 3 built gas-guzzlers because up until 3 years ago, they were making a PROFIT doing this! Why? Because the idiot American new car buyers loved driving their SUV''s and giant trucks on their single-driver commute to work and that''s what they were buying. Other countries enforced mandates on their car industry that forced those industries to only make small cars - even though their populations -also- at the time wanted large cars. Nowadays, everyone, everywhere wants small cars. The foreign carmakers who were forced a few years ago by their governments to make small cars are no longer complaining about it, they are making small cars as fast as they can. Meanwhile the big 3 are screwed over because you can''t retool an entire auto product line in three years. This is what happens when you don''t regulate an industry when every other country does.
If the morons have their way, in 4 years there will be no domestic automaking left in the US. Then on what assembly line will we be making military vehicles? It won''t be long before every plane, tank, and military weapon is made in China for the US. That will be great when we finally have to fight a war. We can be like the Deep South in the Civil War and be raking through our battlefields for bullets we can melt down in our fireplaces to make bullets for our guns we cannot make parts for anymore.

[andylance1]

Detroit is a giant cesspool of mismanagement. Their products are mostly ugly gas hogs. They have been losing billions for years. They try to sell a base price car for $16,000, but by the time you buy it - it has $8,000 to $10,000 worth of options.

Detroit is completely uncompetitive. They have to add an extra 2K on every vehicle they sell just to pay their retired workers'' health care and pensions.

Detroit has proven they are incapable of building cars Americans want to buy. They don''t deserve one penny from our taxes. Impeach Pelosi!

[joule18]

Why we shouldn''t bail out GM.

http://contrariancommentary.blogspot.com/2008/11/general-motors-should-file-for.html

[tiredofthebs]

I hope this is NOT a preview of what''s to come. The auto industry deserves NO ASSISTANCE AT ALL! The 3 top US automakers have turned out nothing but inferior products. I haven''t driven an American made car in years. And until the industry is ready to step up and make affordable fuel efficient cars, it deserves EVERYTHING it''s getting.

[achangenow]

The big 3 auto makers should indeed make cars we need and want. These cars must be clean, fuel efficient and reliable. They should not continue building gas guzzlers under bad management! We as taxpayers must demand quality, fuel efficient cars as a response to any bailout!

[incog-nito]

The bailout will NOT save Detroit UNLESS it agrees to higher fuel economy standards, and to use the money to develop fuel efficient vehicles. Frankly I don''t see it happening. Instead they''ll use the money to keep going for a few years, then probably come back for another handout. The Japanese have been producing low-cost hybrids that keep getting better every year, while GM''s best hope lies in the Chevy Volt, due out in 2010 (maybe) with a price tag "in the mid to high 30''s". Yeah right, people will rush out to buy a 35 to 40 thousand dollar car so that they can save money on gas. Makes a lot of sense to me.

[pirmin3]

No more bailouts for badly managed companies. Let ''em fold.

[raskal_2]

what kind of stupid moron would think that bailing out a car company would help this economy. As the banks are if you don''t have a 700+ credit rating they won''t write a car loan worth having. My own rating of 679 was reduced to 632 simply because I had not come close enough to the 2500.00 limit on my visa card and the bank lowered my limit to 1000.00. I clear my balances every month. What idiot would then give a car company bailout money to build cars nobody can or won''t buy. That why their stock is where it is at. They can''t sell their product. You want to go long on the credit, Screw you, pay the price and move on.

[payasyougo]

If Pelosi is successful in supporting those union driven auto houses with a bailout (pronounced "taxpayer"), it will just be temporary since they''ll be back in 3-6 months.

If the automakers file for bankruptsy, their pensions roll over to the PBGC (pronounced "taxpayer") with the unemployment benefits funded by other federal programs (pronounced "taxpayer").

There are just so may translations to "taxpayer".

Are the teachers not hounding Pelosi for their cut of the "taxpayer" pie?