Comments on: White House, Dems. Discuss Auto Bailout

Agreement Closer On $15B Package; Bush Insists Loans Come From Green Cars Fund

[soose95]

I''m hearing a lot of plans to comply with this bailout however, the tidbit that''s always missing is substantial cut at the top.

Don''t tell me that agreeing to a $1 annual salary means anything since we''ve been taught so well, that "perks and payoffs" can be embedded so deeply that no one can ever find them, except the one receiving them.

[condumbistan]

Posted by MrMeatSpin
and of course liberals needs a law to tell them what to think..what to buy and what to do

I know for fact that all those Californians in SUV''s are all Republicons. All Americans need restrictions of what they can buy, especially when the end result harms society and the planet as a whole, and even more so when a similar product accomplishes the same thing with less harm to the planet. As far as what to think and do, the Republicon Evangelical Freaks are professionals at restricting our personal freedoms and choices.

[mrmeatspin]

Any bailout for Big Auto must be tied to them making ONLY more fuel efficient HYBRID and ELECTRIC cars, PERIOD!

Posted by Condumbistan at 10:48 AM : Dec 05, 2008
+ report abuse

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you are too stupid to understand the real problem here..

take away the problem ..which is the management and the work force..OR ELSE you would have a company the make the worst managed THE MOST EXPENSIVE HYBRID AND ELECTRIC CARS...understand it now or do you need oliver stone to make a movie explaining this to your liberal shallow arse?

[mrmeatspin]

They did until the Republicon Congress of 1995 eliminated all fuel economy standards. Every American made SUV you see on the road is a result of Republicon deregulation of fuel economy standards.

Posted by ConDumbistan at 10:51 AM : Dec 05, 2008
+ report abuse

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and that in mind, is that why most liberals in liberal california BOUGHT THE BIGGEST SUV on the planet????

and of course liberals needs a law to tell them what to think..what to buy and what to do

[craigh9]

The big problem with that approach, is recent polls show about 30% of Americans would not buy a car from a company in Bankruptcy. Would you spend 20 thousand or more on a car, if the company might not exist a year from now? Where you you get warranty service or parts?

Posted by nolalou at 10:42 AM : Dec 05, 2008

There a number of misnomers going around about this. I believe these nuumbers are manufactured by those that would benefit most by the findings. Americans buy what they need within the confines of what they can afford. Through Chapter 11 the Big 3 could offer those $30K vehicles that are not selling now at $24,000 and many people would jump at the chance to save $6K up front and run the risk of difficulty down the road.
The other absurd notion floating is that closure of any of the big three means EVERYTHING GOES AWAY - which is nonsense. The first thing they would do if they are going out of business is to sell off their assets and without doubt many entrepeneurs would step forward to purchase pieces that they could run profitably - specifically parts and overall popular vehicle manufacturing.
Everyone is in this all or nothing mentality trying to sway their personal position - fact is the "ancillary concerns" would occur but will most certainly be managed through opportunity for others to get involved and run profitable businesses.

[condumbistan]

Any bailout for Big Auto must be tied to them making ONLY more fuel efficient HYBRID and ELECTRIC cars, PERIOD!

[rrozsa-2009]

Sorry, I meant will people buy cars from the companies WITH the bailout, WITHOUT restructuring through Chapter 11....

[rrozsa-2009]

to nolalou - Did people stop making advance travel reservations on airlines that went through bankruptcy a few years back? Do you think people will buy cars from these companies without the bailout, knowing that they are likely to be back in the same situation in a few months? Then what?

[nolalou]

Why does our gov''''t feel the need to re-create the wheel. Chapter 11 Bankruptcy affords all the protection, oversight, and flexibility to allow the big 3 to survive.

Posted by craigh9

The big problem with that approach, is recent polls show about 30% of Americans would not buy a car from a company in Bankruptcy. Would you spend 20 thousand or more on a car, if the company might not exist a year from now? Where you you get warranty service or parts?

[rrozsa-2009]

As a consumer, I would be a whole lot more likely to buy an auto from a company that is restructured and overhauled through Chapter 11 than from one who just receives a great big bailout and then continues their same practices which have failed for them in the past. For one thing, Chapter 11 could get them out of those union contracts which have inflated the American auto prices out of existence. They need to start back from square one. UAW has become a huge burden and is no longer needed in this day and age. We have OSHA now to enforce humane work conditions.

[docpeter1953]

From the above title, ''Auto Bailout May Be Tied To Big 3 Overhaul: Congress May Demand Restructuring Of Automakers In Exchange For $34B Rescue Package''

_________________

May be tied? May demand?

How about WILL BE REQUIRED IF!

[craigh9]

Why does our gov''t feel the need to re-create the wheel. Chapter 11 Bankruptcy affords all the protection, oversight, and flexibility to allow the big 3 to survive.
All the government needs do is give an assurrance that if financing cannot be obtained through banks in that senerio - THEN the government could provide that money THROUGH the bankruptcy process.
The concept that people will not buy cars from a company that is in bankruptcy is absurd. There is NO EVIDENCE in the history of so many comapnies that have gone that route that it is even remotely true. If consumer confidence will not allow the public to buy at that time - what in the world do the BIg 3 see as a difference maker when they are in front of congress with their hat in thier hand looking for bailout money. Either way there is no gaurantee that the companies will survive so the consumer confidence issue will impact them no matter how this unfolds

[firehose12]

"We''re looking at a death sentence" for the auto companies, Sen. Chris Dodd, D-Conn., the Senate Banking Committee chairman

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The only death sentance will be to taxpayers if you bloated Congressmen approve a bloated auto bailout.

Leave it to dumbfvck Democrats to screw things up.

[niceface19]

no bail out for these billionaires what so ever, they did so much harm to our economy by producing those gas guzzlers that killed so many people on the streets.