Comments on: Dems, White House Agree To Auto Bailout
Pelosi Bows To Bush Condition On Deal Granting $15 Billion In Loans To Big Three
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- If American citizens want the BIG 3 to stay afloat, they must buy their vehicles.....whether they want them or not.
Posted by panhandlpete at 08:39 AM : Dec 06, 2008
LOL! Hillary would make a law REQUIRING us to buy a USA made car. And if we fail to do so, we will be FINED by the amount of the purchase price of the car.
GOOD THING HILLARY WON''T BE MAKING THE LAWS anymore... - Reply to this comment
- Posted by panhandlpete at 08:39 AM : Dec 06, 2008
I think we would stand to make more money buy scrapping and melting down the unsold inventory and use the material produce cars that people actually want.
The protectionism results in captive markets with no or little choice for consumers and way to much power in the hands of the manufacturers.
The only sane course of action is to say no to the bailouts and have the big three file for chapter 11. - Reply to this comment
- How many people could have stayed employed for Mulally''s $760,000 of "personal" corporate jet use??? Does he really care?
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- NO BAILOUT!!! These companies make bad decisions despite the downturn in the industry. In 2007 alone, Mulally spent $760,000 on "personal" (not business) corporate jet use. He has total compensation of $22 million. Ford also gave away free computers to its employees in 2000 when it was losing market share!
IN 2008, FORD GAVE OUT HUGE BONUSES TO ITS MANAGEMENT even though the company knew the upcoming years would be difficult. Now (in the SAME year) Ford is after tax payer dollars to fatten their wallets?!?!? No to Corporate Greed. - Reply to this comment
- If American citizens want the BIG 3 to stay afloat, they must buy their vehicles.....whether they want them or not. Without sales of their products, they cannot survive.
So, use some creative sales ideas to move those vehicles. REBATES: no interest purchase period for 30 days, for trade-ins of higher gas mileage, first time car ownership, college students, senior citizens, and offer a free one-month payment deferrment during the contract life. GET THOSE AUTOS MOVING! - Reply to this comment
- 62% of America is telling these wealthy idiots in Detroit and Washington; "NO". There will not be one not one seat of any incumbent left for nest term in our legislature.
These Detroit money pits lost the keys to the kingdom and now our; I use the term loosely, legislators give them more of that which they''ve already wasted. Find jobs, Idiots. Your gravy train is coming to an end. The American people have spoken. You''ll have to work for your money from here out. we''re tired of you stealing from us to fund your friends retirements. Don''t let us find your accountants books or we''ll have a court telling you where you''ll retire. - Reply to this comment
- This is worst than giving them nothing!
Congress should have simply said no, let the auto makers file for chapter 11 and let everyone move on.
But to give the Auto makers anything, especially in a penny-wise pound-foolish manner will only guarantee that we will prolong the big-3, the UAW, and everyone elses misery. Further, this now gives the big-3 a way out to ask for...no doubt by saying if you gave us what wee asked for in the first place...and no doubt this slow drip of aid will only result in more, not less, money.
IMPEACH CONGRESS - Reply to this comment
- TARIFFS OR BAILOUTS?
Which is MORE HARMFUL?
Which generates IMMEDIATE REVENUE for the government?
Which would SAVE MORE JOBS?
Which one leaves the risk of the bailout recipient GOING OUT OF BUSINESS AND DEFAULTING ON $100''s OF BILLIONS OF LOANS??? - Reply to this comment
- Also they will be back!! Found out how easy to get money was! They WILL be back for more!
Posted by bozworth4 at 08:21 AM : Dec 06, 2008
You can COUNT on it. And COUNT ON them defaulting on the loans, so our children and our grandchildren will be paying them off.
AND paying off the coming bailouts of Social Security, Medicare, and Medicaid, especially after the Baby Boomers demand and get massive expansions in the benefits when they SUDDENLY discover their own financial crisis because they failed to save and insure themselves enough to prepare for their retirement years.
Yes, the government is now the ENEMY of the people they were supposed to serve. The alarming thing is, the imbecile voters just RE-ELECTED MOST OF the criminals in Congress who did this to us. - Reply to this comment
- Also they will be back!! Found out how easy to get money was! They WILL be back for more!
- Reply to this comment
- America''s new Constitution. "..of the Corporation, by the Corporation, for the Corporation." Hello, Pelosi and all you Washington idiots. The American working poor will not be able to buy those big 3 cars. There will not be a pay back because those companies are going to fold. You cannot sell a product if you have out priced the customer. You can not sell a product if the customer doesn''t want it. The market is not going to get better. With all the DC give aways, the market is going to get worse. If you want to help Americans, cap the profits of corporations in all industries, Banking, Insurance, Retail, and Auto. Create new communities with green technology. Stop believing the lies it costs too much. Green Technology is cheaper and better yet, almost free. We will regain spendable income. Read the other blog, the oil companies bought the green technology and now charge outrageous patent fees. That doesn''t have to stop us from creating and living the cheaper life of green.
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- A government FOR the people, BY the people, OF the people! Should insert the work RICH people. FACE IT TAXPAYERS, we all don''t have any politicians caring about our needs. Glad the big three can continue to make cars. Just hope some of you can afford to buy one, so the politicians can get paid back.
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- "We are writing a bill whereby the federal government will be the first to be repaid when there is some money," said Rep. Barney Frank, D-Mass.
There''s Barney "Meltdown" Frank PROMISING that a loan will be repaid. WHERE HAVE WE HEARD THAT BEFORE? - Reply to this comment
- "They say the breakthrough came after House Speaker Nancy Pelosi bowed to a demand by President Bush that any aid come from a fund that had been intended to help Detroit produce more fuel-efficient cars. "
Wow, she FINALLY bent over for Bush late Friday, so the story would appear OVER THE WEEKEND.
WHY IS THIS SUCH A REGULAR THING RECENTLY???? - Reply to this comment
- "We are writing a bill whereby the federal government will be the first to be repaid when there is some money," said Rep. Barney Frank, D-Mass.
You mean IF there is some money... BARNEY "MELTDOWN" FRANK STRIKES AGAIN!!!! - Reply to this comment
- GM sold its key electric car patents to an OIL COMPANY (Chevron).
Chevron happens to be a MAJOR STOCKHOLDER of GM.
GM SHREDDED all existing EV-1 electric cars. Hybrid versions of the car were under development.
GM HAD ELECTRIC CARS ON THE ROAD 10 YEARS AGO - AND IT SCRAPPED THE PROGRAM FIVE YEARS AGO.
Now if GM tries to start making electric/hybrid cars again, they will have to PAY ROYALTIES TO CHEVRON to use the patents they developed.
Or, they will have to start an entirely different electric/hybrid car development ALL OVER AGAIN. That''ll take, oh, about 10 years or so.
GM FED US TO THE WOLVES. NOW THEY GOT A BIG BAILOUT.
And the imbecile voters just re-elected most of the criminals in Congress who did this to us. - Reply to this comment
- TARIFFS OR BAILOUTS?
Which is MORE HARMFUL?
Which generates IMMEDIATE REVENUE for the government?
Which would SAVE MORE JOBS?
Which one leaves the risk of the bailout recipient GOING OUT OF BUSINESS AND DEFAULTING ON $100''s OF BILLIONS OF LOANS???
After our children get stuck with paying for $100''s of billions of defaulted loans, will they be complaining more about that or about the Iraq war? - Reply to this comment
- IT WAS A DONE DEAL ALL ALONG.
This whole charade was just to PRETEND they care that MOST VOTERS OPPOSE BAILOUTS. - Reply to this comment
How gold pays for 
