Comments on: White House Green Lights Automaker Bailout

President Bush Announces $17B In Loans; Big 3 Hail Action While Union, Congressional GOP Have Gripes

[atheismwins]

Bush had to make a decision. And he did.

Will the taxpayer ever get his money back? Or does some unemployed guy off himself because the aid didn''t come to him?

Or does a member of a future generation curse Bush for spending his money without his consent?

[quandryron]

Ford may be the big winner at the moment. With the governments involvement with GM and Chrysler I am personally hoping that they will be able to influence the union contracts into something a bit more feasible. The union has negotiated the car companies into a corner by forcing nonproductive labor into the factories. They are in fact a parasite sucking the financial life from the companies. Up to now the companies have been virtually powerless to do defend themselves from the greed. Both union and company are both greedy entities for certain.
With government intervention perhaps they can force the unions of both the GM and Chrysler factories into at least accepting paycuts or find ways for the ''skilled'' employee classes from sitting on their butts for days at a time collecting proportionately higher wages than th e remainder of the US workforce.

[hetup-2009]

Who cares about the auto industry? I sure don''t, they can freeze to death in the dark.

[whitemale08]

I love how Bush tried to give the impression that at least he was ''sincere'' in all of his decisions as President

but today no one should doubt that every decision the decider makes is allways ''political''.

He asked himself: "Do I want to be responsible for confirming the Bush/Hannity/Limbaugh-Depression or that I''m a ''principled'' and never waiver from the so-called principal of ''free-markets''?

Bush never cared one way or the other, he''s just a politician who never takes responsibility for if he did he would admit that he sacrificed the auto-industry to catch Saddam Husseing who had no WMD''s but threatened his dad.

[jsd330]

If the auto industry is in danger of collapsing, how come Ford doesn''t have their hands out for free money? Whats wrong with Ford?
posted by random radar
Because Ford has been downsizing for the past 15 yrs. and they only have two divisions Ford & Lincoln Mercury, they have fewer employee''s and their plants run more efficiently. they also sold Land Rover and Volvo, because they were losing money.Ford has been pretty much making the right moves at the right time. Bill Ford is really into enviromental issue''s, so I''m sure Ford will be a leader in Hybrid vechicals. To bad he own''s the Detroit Lions, he might have to look for a bailout for them.

[windmaster12]

Its been reported that all these Federal bailouts, ie. (Corporate Handouts)-
Including the recent Wall St. Financial, Welfare payments Paulson just doled out-
Would equal over $60,000 each, if given to each, and every, man, woman, and child in America.

Just think ----if the Gov''''t decided to instead give each citizen a Stimulus check for $60,000 -
With no Strings attached.
I imagine the economy would turn red hot ----- Fast!!!
In Fact Overnight!!!!

Instead, Paulson threw our money down the black hole of Corporate shenanigans --
Purchasing Toxic assets -Giving Billions to undisclosed Corporations,
Some of whom are hoarding the money--
Buying other faltering institutions - and in some cases
Awarding Golden parachutes, and bonuses, to undeserving executives who ran their companies
Into the ground!!!

Its Time for a new movement .
A true grass roots Movement!!!!

Lets Call It ---

"Money for the People"!!!

Everyone Call your Representative today and ask them to
Give each Citizen a $60,000 Untaxable Economic Stimulus check!!!!!!

Recession ? ---- What Recession !!!!

That was Yesterday!!!!

Do it Today!!!!

Stop letting Wall Street Incompetents be Rewarded for Failure!!!

Its Our Money and we want it Now !!!!!!

[carpriddler]

A group of conmen - common criminals package a fraudulent product backed and sold by some of the largest institutions on earth and it''s the customers fault! Most of the wanks that think they have it together have never been off the t.i.t a day in their life. Over 50% of the 1 percenters are the idiot sons of the idiot sons, and one of them just gave 17 billion of the working mans money to another group of idiots.

[shanev137]

Bush is the worst Socialist president we''ve ever had.

[chitownfire1]

Incredible! We need to give the Nobel Peace prize to the 4.1 Millions Americans that Signed SubPrime Jumbo Mortgages in the last 8 years. They geniously messed up the World Economy.


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Posted by lovegetpeace

Yeah, its amazing how the whole mortgage mess seemed to start a domino effect on nearly every industry.

[lovegetpeace]

Posted by william545 at 07:19 PM : Dec 19, 2008

China is a good example of what we should follow.