Comments on: Despite Big 3 Pleas, Auto Bailout Stalling

CEOs Berated On Capitol Hill; Congressional Leaders Say Deal Is Unlikely Before Year End

[tonykim42]

Steve Kroft, CBS News did not ask Obama how $150,000,000.00 donation from UAW to Obama%u2019s election
helped the big 3 auto industries to avoid their bankruptcy: The executives of 3 big auto industries have been
mismanaging their extreme resources last 30 years just like Obama had been taking
advantage of the honorable Federal Student Loan System till he decided to run for the presidency!

Neither Steve Kroft, CBS News did ask Obama how Obama%u2019s life time taking
advantage of the honorable Federal Student Loan System helped the executives of Fannie
Mae & Freddie Mac, Lehman Brothers, Bear Sterns and AIG to avoid their taking advantage
of the Washington for the duration of their organizations!

Nor Steve Kroft, CBS News did remind Obama how %u201CThe drop hollows the stone,
not by its force, but by its frequency%u201D.

[opedanderson]

Here is my Big 3.....No No No!

Congress ask these guys the following question:

"If we give you the money, are you willing to sell all the jets?"

Watch their response.

I know its only pocket change in the grand scheme of things but symbols are important in a situation like this....

[fiberglass3]

We don''t loan money based on words. Where is their Business Plan?

The blueprint needs to be in place first. "Big Three" tell us how you are helping to switch us over to electric?

I''m still seeing TV commercials for big SUV''s getting only 23 MPG. Sorry folks but for me to buy a new car it must be partially electric powered and at least look like new technology. Not a Model T powered vehicle! I''d rather help out some of the newer electric start up companies

[cxw1l1v1n]

It can be seen that more voters refuse to do so than the support ones with a few not sure. Why would they refuse? Put simple, visualization. The US government has brought out $700 billion to survive the banks and Big 3 just asked $25 billion out of this 700. If the bailout can''t be processed, that means millions of individules lost their jobs and no-doubtly use up the obiligation fees of the States, which are equal to the pay-out of taxpayers. On the other hand, if the government agree to intervene this disaster task, then what a huge number of industries are waiting for his help and how many times the $700 billion can be devided, that even makes Obama keep silence.

[stupidrules3]

When did it become the job of the Federal Government to prop up businesses that cannot/ will not adapt to the changing economic situations that we find ourselves in?

[pirmin3]

Let the big three fold!! Time for a wake up call America. Who needs their junk. I''ve never owned an American car and never will.

[slim1h2o]

I don''t think anyone hates America, and no, nobody wants to see slavery make a comeback.

What people are up-set about is, seeing businesses being rewarded for bad decisions, and poor planning on management. The workers have no say on what they must build.

And their failure to go head to head with the Japanese, speaks volumes of ineptness, and stupidity.

And why is it that if we want a green car, otherwise known as a hybrid, why do we have to go to the Japanese to get it? Detroit doesn''t make one at all.

[prounion]

if you hate america so much you can not support the industry that keep america free in the 1940''s that built america in the 1950''s and 60''s if you hate the USA so much GET OUT

[cbs_oliver]

It is interesting to see the evil glee of the right wing at the prospect of punishing Americas workers and their Unions.

They seem to consider the destruction of America a small price to pay.

Not supprising I guess that these attitudes are most prevalent in the former slave states.

Almost seems like they are nostalgic for slavery and wish to see something like it in for American workers the future.

Too bad.

[slim1h2o]

I bought a Chrysler when Daimler owned it.
Best car I ever owned.

[prounion]

This is why I bought a Toyota instead of a POS Ford, Chrysler or GM. Badly managed, badly unioned and crappy quality.


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Posted by FloydZeppd

you bought a car from a company that is from a country that bombed the USA? why would you *** on your country like that and send your money to Japan? do you not want your money to stay in the country that has given you the freedoms you desire? At least pay a company that helped get you those freedoms!! disloyaty is all i see in our country. disloyalty and greed. O and ya the oil barrons put us in this spot with their broad daylight goverment sponsered robbery

[slim1h2o]

the Detroit Three automakers was stalled and called on the Bush administration to take steps to help save the industry if congressional efforts falter.


If Bush gets involved, it''ll surely fail.....

[lady54-2009]

The CEOs of the big three should try saying that they need to use "Medical Money" to relieve their money woes.

It worked for pot growing drug dealers.

[lady54-2009]

The Big three automakers said that Chrysler and Lee Iacoca set a precedent when they received a loan of a billion dollars.

If this is true then we should lend the big three one billion dollars a piece and they have to pay it back in two years plus 12% interest.

[prounion]

The media says we make 71 bucks per hour. Has anyone ever broke that down. Lets do just that in a rough estimate: 28 bucks per hour for wages thats around 58 grand a year. That leaves roughly 90 grand a year to buy my health insurance and pension, over a 30 year period thats 2,700,000 . WOW that must be one hell of a insurance policy. OK retirement at 30 and out that equals 3 grand a month roughly say u live 25 years after retirement thats 900,000 just for math purpose lets call it a even million. now we have 1,700,000 left to pay for my health care. Now even I can see that if they are paying that much for my health care for my life time they would be better of to just pay my Doctor bills considering I haven''t seen a doctor at all this year. And that brings me to my last point. If a employee of GM has this awesome health care and never needs it why does it still cost 71 bucks per hour to have this employee?

[cheetah-man7]

Consiering the flack about the Big 3 CEO''s riding private jets to request bailout money, I sure hope the Gulf Stream private jets are manufactured better than the Big 3 autos produced. I would certainly fly with more confidence if it was a private jet made by Toyota!

[jodyrae4]

They need to sell their private jets and get into the real world with us everyday people.
They need to get a clue, they get bailed out, taxpayers won''t buy..GREED..GREED..GREED

It is killing this country

[fush2]

hmm...dont know much but whats the purpose of bailing them out? its our tax money..cars are too expensive ppl cant seem to afford them rite now...

[pirmin3]

Let ''em sink. They trashed themselves and still fly around in private jets. Burn baby, burn.

[incog-nito]

Health Insurance is the most used and abused thing going right now. That is why premiums are so expensive, employees and their families think its some unlimited pot of money and keep their rear ends at some kind of medical appointment constantly. Over use it whats driving the price up.

Posted by retmilspouse at 12:33 AM : Nov 20, 2008

Actually not quite. It''s more like the doctors and hospitals running up the costs with unnecessary tests and treatments. Don''t ask me how I know. The whole system is geared toward this: see as many patients as possible, for as little time as possible, in the course of the day, and prescribe tests or medications as much as possible. It was never about prevention or patients'' well-being. After all, a well patient does not bring in money. No wonder why so many doctors in America are multimillionaires, while their counterparts in other countries make about the same as other professionals.