Comments on: Mixed Views On $17.4 Billion Auto Bailout

As Supporters, Critics Debate Bush's Plan For Loans To GM & Chrysler, Canada Steps Up With Package Of Its Own

[denn034]

Bush is right.

[ruby-montana]

I think you can thank NAFTA for job losses! Not the unions!

[freeanswers1]

The GM employees have made concessions the last two contracts. The men and women have not had a raise in six years. How would you like working without a raise for that long? We have given back health care, profit sharing, just to name a few. We also bought homes and autos we can afford on our paychecks. If our paychecks are slashed how many of us will have to file bankruptcy or lose their homes? More problems for the economy. Why should foreign companies come in and demand a cut in pay for US workers. What company is next and who is exempt? Did the government ask the bank tellers to take a cut in pay? The government will get a pay raise in 2009. Many of them making over $179,000 a year. Nancy, speak of the house will be making over $223,000 and they have a right to ask us to take a cut in pay? Once again the middle guy gets the axe? If you think you are safe you are wrong!



Posted by ruby-montana at 04:42 PM : Dec 20, 2008


Oh my G.od ! How ungreatful.

Union maggot !!!


Go ahead and drive more jobs down to Mexico.

Unions are only causing more & more Job losses overseas.

Unions = Globalization.

[jsd330]

No problem with the bailout...but the UAW needs to be defanged.
posted by sincity_q
If you read all the other article''s on the bailout, you would see what the UAW is willing to negotiate, what they are saying is that they are willing to take pay and benefit cuts as long as it''s equal to managments. If they go down to what the foreign automakers pay and equal benefits, what do you think the foreign automakers are going to do? They will lower their wages and benefits to so they can stay competetive.So you will have a downward spiral of wages ,not only in the auto industry, it will be all business''s.
And as with the banks & AIG the executives are still going to get their bonus''s under a different name and no reduction in their benefits, that door was left open for the auto executives to. If GM gets rid of Waggoner, what do you think his severence package will amount to? I''ll bet it will be way more then the workers 85% for one year.(with the number of layoffs that 85% fund will be more like 85% for a couple of months depending on seniorty).

[ruby-montana]

What makes you think we don''t want them? And who are you to say we are ungrateful! How would you like your job pay slashed it could be nexte? We are proud of our work! You are just jealous you aren''t lucky enough to be one of us!

[global_eye]

The financial system is more than a little broken.

It''s time for a new system where we don''t have millions starving around the world while we donate billions to the banks, CEO''s and Wall Street elites.

A Teacher is about to emerge to help us transform our culture of greed and death into one based on justice, sustainability, cleaner energy, and co-operation among nations.

Watch for a star to appear in the sky soon, signaling his public emergence... www.WakeUpMankind.org

[cbs_bull]

Bush came into the White House as a so called ''social conservative''(I think he is just simply a nuts!) but will leave as one of the biggest ''conservative socialists''. Great change! LMAO ------------------ (Don''t know why. The ABC News has blocked my ids from posting comments on its site. They also deleted some of my comments. And they refuse to tell me why. I come to the CBS news more often now. Guess the freedom of speech is no longer in ABC News'' vocabulary.)

[ruby-montana]

The GM employees have made concessions the last two contracts. The men and women have not had a raise in six years. How would you like working without a raise for that long? We have given back health care, profit sharing, just to name a few. We also bought homes and autos we can afford on our paychecks. If our paychecks are slashed how many of us will have to file bankruptcy or lose their homes? More problems for the economy. Why should foreign companies come in and demand a cut in pay for US workers. What company is next and who is exempt? Did the government ask the bank tellers to take a cut in pay? The government will get a pay raise in 2009. Many of them making over $179,000 a year. Nancy, speak of the house will be making over $223,000 and they have a right to ask us to take a cut in pay? Once again the middle guy gets the axe? If you think you are safe you are wrong!

[whitemale08]

Cerebrus Capital LLC makes GMAC and Chrysler nothing more then a hedge-fund.

Now they want the tax payer to bailout these parasites.

We have to say NO BAILOUTS FOR WALL STREET and shut down these Maggot-funds like Cerebrus Capital.

Cerebrus Capital likes to hide behind legitimate industry and put a gun to the head of the tax-payer and say ''Give me your money or I''ll throw out 3 million people into the street''.

When are we going to wake up America and say ENOUGH IS ENOUGH and shut down these blood-sucking parasites that blackmail us with crisis after crisis?

[harp1963]

If the critics out there truely understood the supply chain of manufacturing that supplied the auto industry they would understand why many other countries have bailed out their auto industry or subsidize it. Ford, GM, and Chrysler can make quality vehicles, but there design guys need to get away from the Space Shuttle SUV''s that get 10 miles to the gallon and produce more fuel efficient vehicles.

Nobody out here believes the greed mongers in the oil industry are going to keep fuel prices down. Their just baiting us right now to help their equally obnoxiously wealthy friends in the auto industry try and sell their 10 mile to the gallon vehicle inventories.

[generey]

Nobody''s opinion has any affect at all and means nothing. They are going to do what they want to do.Me to.

[hsinco-2009]

The total worth of GM and Chrysler together is under $5 billion. To "loan" them FOUR TIMES the value of their corporations is insanity! Try borrowing $400,000 on your $100,000 house. The bailouts are nothing but looting the middle-class.

Posted by BRdeckard at 03:55 PM : Dec 20, 2008

That would be thier current value, but what if they rebound?

What if Chevy with the Volt increases the value of the company 20 fold?

Wouldn''t it be worth the effort to save this sector of the US economy?

Or are you just a Union buster like the rest?

[forever1973]

give us 40 -- no, 50 mpg within 5 yrs for this help!

[sincity_q]

No problem with the bailout... but the UAW needs to be defanged.