Comments on: Detroit's Big 3 Make $25 Billion Plea

Beleaguered Automakers Warn Congress Of Broader Economic Peril; White House Skeptical

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by n8yvn29 November 18, 2008 1:02 PM EST
Bailouts for Junior Bush''s crony rich buddies on Wall Street but no bailout for the auto-industry (which employs workers represented by unions). Is is not time to prosecute Mr. Bush?
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by hitoyou1 November 18, 2008 12:54 PM EST
No bailout. Ket them, the big 3 fall. Shut the door. Get the junk off the road. Go sleep in a park. Just go away. No one wants you.
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by abbe91 November 18, 2008 12:46 PM EST
"The Big 3 should just go into Chapter 11 bankruptcy and lose the UAW and their Union. Let the Democrats in Congress give those jobs to the "illegal immigrates" in our country for $5.00 per hour.
Posted by hclinton2012 at 09:39 AM : Nov 18, 2008"

The democrats voted to raise minimum wages. That''s Amnesty McCain and his friends that you are describing there. Sorry, try again.
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by a_witness-2009 November 18, 2008 12:44 PM EST
Read this slowly. Let it sink in. Quietly we go, Sheep to slaughter.





Does anybody out there have any memory of the reason given for the government%u2019s creation the DEPARTMENT OF ENERGY during the Carter Administration?



Anybody? Anything? No? I didn''t think so.



Bottom line . . we''ve spent several hundred billion dollars in support of an agency the reason for which not one person who reads this can remember.



Ready? It was very simple, and at the time everybody thought it very appropriate.



The Department of Energy was created on August 4, 1 977 to



%u201DLESSEN OUR DEPENDENCE ON FOREIGN OIL.%u201D



HEY, PRETTY EFFICIENT, HUH?



AND NOW IT''S 2008, 31 YEARS LATER, AND THE BUDGET FOR THIS NECESSARY DEPARTMENT IS $24.2 BILLION DOLLARS A YEAR, THEY HAVE 16,000 FEDERAL EMPLOYEES, APPROXIMATELY 100,000 CONTRACT EMPLOYEES AND LOOK AT THE JOB THEY HAVE DONE!



THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY ''WHAT WAS I THINKING?''



And now we are going to turn the Banking system over to them? God Help us.

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by tbuckl November 18, 2008 12:17 PM EST
All hands on deck! All hands on deck! She is going down at the bow, abandon ship! abandon ship! Man the life boats. All hands on deck, this is not a drill, this is not a drill, man the life boats. Mayday mayday this is USS American we are taking on water and going down, Mayday mayday this the USS Americna we are taking on water and sinking, life boats are being deployed, we are abandoning ship at this time.
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by craigh9 November 18, 2008 11:51 AM EST
Posted by gop_will_Win at 08:40 AM : Nov 18, 2008

That''s rather harsh, but a 30% reduction across the board would make things workable again. Instead of the average labor cost being $70/hr it would be reduced to $50/hr. - the unions could negotiate what''s mopre important to their members - would they prefer to keep their current salary and pay the difference for their benefits or do it flat rate. This is what has to happen to make those companies viable again
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by gop_will_win November 18, 2008 11:40 AM EST
Let them go bankrupt and dissolve the unions. Then hire everyone back at minimum wage and no benefits.
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by craigh9 November 18, 2008 11:36 AM EST
Enough is enough!!! Bailing out the financial sector was necessary to keep our economy viable. The car manufactureres are a business - large yes, but a business. Their remedy is bankruptcy, not a bailout. The entire car inductry is broken in america. Spending good money after bad is not the answer. The companies need the bankruptcy rules in order to restructure themselves, to alter the absolutely ridiculous contracts with the labor unions as well as exisitng contracts with dealers. If they are given money by the government nothing will change and they will be back for more in short order or be filing for bankruptcy anyway. Here''s hoping someone in Congress has the common sense to end this ridiculous notion and force the auot industry to handle their own mess - they made it, and they have avenues available to fix it. IT IS NOT THE PROBLEM OF THE AMERICAN PEOPLE OR GOVERNMENT!
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