Comments on: Big Three Bailout? Not So Fast

Declan McCullagh Says A Better Solution Is To Let The Automakers Declare Bankruptcy

[triplet-man]

Next 4 yrs will be great for me I''m a union electrician at an oil company! LoL My point is - The middle class TAXPAYERS are paying for, and always have- some with union wages - most of the bailout we are seeing. AND the govt is betting on my good wages to pay taxes in the future. That is their "credit line" if you will.
Why don''t you get one of those "learn in a week" high paying jobs?

[ertyui4]

use union dues to pay for auto bailout,,,,maybe they would rethink 1500 per car in health benefits and paying 30 a hour for a job you could learn to do in a week ,,,,these next 4 years will be great entertainment ,,,,,i hope barney frank is secretary treasury and chris dodd chair of fed reserve

[triplet-man]

THe unions are going to continue to fight for the working man. The executives are the ones that are running the companies so close to either "bankrupt or disgusting profit" The workers are just trying to survive.
Study your unions. Their "influence" is used to prop up the middle class, the STRENGTH of America.

[infe5]

Nice article. This is what happens when labor unions are able to bully their way to outrageous contracts. Sure, the workers get great pay and benefits, as long as the company can tread water; but the same great pay and benefits ultimately mean the company cannot sustain itself long-term. The workers are then left out of a job altogether. Now that unions have huge political leverage in their back pocket, I expect these sort of contracts will be the norm. It is going to be an interesting 4 to 8 years coming up.

[triplet-man]

There is one word for what the Federal Govt. is doing RIGHT NOW. IT''''s called Socialism - look up the definition.
Taking "ownership" of the banks, loans, credit lines, Automakers. What is next?
Someone else in South America did this. Hugo Chavez - The only difference is, he just said it outright. I''''m "nationalizing" all of this. It''''s MINE now. The Feds are using FEAR tactics to take over this nation.
We the people..... are falling for it.
WAKE UP AMERICA!