Comments on: Administration Cool To Automaker Bailout

Paulson Says $700B Plan Not Designed For Big Three, White House Noncommittal But Open To New Ideas

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by brokfarm November 13, 2008 1:37 AM EST
I think the auto industry is very important to our nation and economy. I would love to be able to purchase a new well-designed AFFORDABLE and COMFORTABLE vehicle COMPLETELY made in the US that gets at least 35 mpg and has air conditioning. Bells and whistles are not important and can create future complications. We are still driving a 94 Buick and 87 Honda and both get over 35 mpg. Have shopped but not found a new car we want to buy. KEEP IT SIMPLE STUPID

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by ofbyfor3 November 13, 2008 1:28 AM EST
''Bob Lutz, G.M.''s vice chairman...has been quoted as saying that hybrids like the Toyota Prius ''make no economic sense.'' And, in February, D Magazine of Dallas quoted him as saying that global warming ''is a total crock of [expletive].''

These are the guys taxpayers are being asked to bail out.

And please, spare me the alligator tears about G.M.''s health care costs. Sure, they are outrageous. ''But then why did G.M. refuse to lift a finger to support a national health care program when Hillary Clinton was pushing for it?'' asks Dan Becker, a top environmental lobbyist.

Not every automaker is at death''s door. Look at this article that ran two weeks ago on autochannel.com: ''ALLISTON, Ontario, Canada--Honda of Canada Mfg. officially opened its newest investment in Canada--a state-of-the art $154 million engine plant. The new facility will produce 200,000 fuel-efficient four-cylinder engines annually for Civic production in response to growing North American demand for vehicles that provide excellent fuel economy.''

http://www.nytimes.com/2008/11/12/opinion/12friedman.html?ref=opinion
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by yeswedid November 13, 2008 1:21 AM EST
Gas is cheap now. $1.99 no need to ride in a sardine can.

Posted by mr22587 at 10:07 PM : Nov 12, 2008

---------------------------------------------------

This is where all the current problems with our country stem from. The ideal of "me, me, me". Who cares anymore about fellow humans or our environment.
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by lady54-2009 November 13, 2008 1:13 AM EST
I hate to see people lose their jobs but the auto makers knew all along that for environmental and economic reasons we needed to go in the direction of alternative fuels and more economic cars but they kept producing the big gas guzzlers and ignoring or shelving alternative fuel vehicles. They kept siding with the oil companies. All along they were digging their own grave and now they are screaming cause they have fallen in.

Most of the industries in this country survived because people had a little extra money in their pockets after they paid their bills and living overhead. The oil companies just stole every spare cent from the pockets of every hard working consumer in the country. Now no one can aford car payments, vacations, new TVs or any of the sevises. These companies are going belly up because of the greed and total lack of heart and foresight of the oil companies.
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by ofbyfor3 November 13, 2008 12:58 AM EST
Good post and right on target!

Posted by aldon61 at 09:29 PM : Nov 12, 2008

Thanks, but I was only quoting Friedman from the NY Times. Check out the link for the full op-ed piece.

http://www.nytimes.com/2008/11/12/opinion/12friedman.html?ref=opin
ion
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by yeswedid November 13, 2008 12:55 AM EST
noyoudidn''''t---This CTS rides like a dream. 25 MPG.
Only in America...


Posted by mr22587 at 09:49 PM : Nov 12, 2008

---------------------------------------------------

Yeah, I''m sure you love "toolin" around all for show of your social status in your small town.
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by yeswedid November 13, 2008 12:46 AM EST
GM , I''''m doing what I can to help. Bought a new Cadillac CTS today. Keep up the good work men.
To Hell with a foreign car...


Posted by mr22587 at 09:42 PM : Nov 12, 2008

-----------------------------------------------

Those gas-guzzlin'', environment ruinin'' monsters should be the first thing to be outlawed on our roads...
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by tibu987 November 13, 2008 12:34 AM EST

No more "bailouts". Period.

Why would anyone think it a good thing to bail out an ineptly managed industry that has been losing money for years, making cars and trucks that many people do not want to buy and built by people making upwards of $75 an hour with benefits.

Let the chips fall where they may. Someone will come up with a better idea and will overcome the downside.

Of course, Pelosi and Reid don''t want to lose those voters so they will let future generatiuons pay off those loans.

Gimme a break.
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by ioweign November 13, 2008 12:32 AM EST
Whatever Reagan did, Clinton had EIGHT YEARS to fix it. If he didn''''t then BLAME CLINTON.


Posted by txgrouch2007 at 08:55 PM : Nov 12, 2008

The Beirut barracks bombing resulting in the deaths of 241 Marines can hardly fall on Clinton''s shoulders...
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by aldon61 November 13, 2008 12:29 AM EST
Posted by ofbyfor3 at 09:26 PM : Nov 12, 2008
+

Good post and right on target!
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