Comments on: Do We Need A Detroit Bailout? Really?

Declan McCullagh Assesses Claims Automakers Bailout Is A "Must-Do"

[clathrate]

OH NO!!! Not YOU again? What is the English translation for DeClan?? Right-wing greedmeister ******??? You never take the side of the poor or the hardest working middle-class. Always siding with the filthy rich. Don''''t ever get within shoe throwing distance of me!!! You''''re not worth a good pair of shoes, but I don''''t think I could stop myself.


--------------------------------------------------------------------------------

Posted by timothyone

No, I think his name stands for "someone with at least a lick of common sense".

There is absolutely no need for this bailout BS. It is a fleecing of the taxpayer. You are falling hook, line, and sinker for this one just like the Iraq fiasco.

All the bailout has come to is a quid pro quo for the investor class. IT is NOT going to help average americans one *** bit in the long run. If you understood anything about history or economics you''d understand why we cannot afford to keep handing over public money to rubes and scoundrels.

[dduddy1]

OK, OK, OK Its a loan program, not a bailout we get that, in spite of the press continually referring to it as a bailout.

If it were such a sound loan program, our established financial institutions (buoyed by TARP) would be standing in line to float these loans to the big 3. They are not, so it looks like a very unattractive loan program for those with loan sense.

[tincup356]

bailout party is a good description for BOTH parties..they are both guilty to some extent somewhere in all this mess...NO ONE''S hands are clean.you party line supporters need to wake up and smell the BS because that is all you will ever get out of either party, It will never be representation .

[tincup356]

to avoice..and they also called bribery ...lobbying.doesnt matter what you call either ..they are wrong, our congress is committing treason and they need to be charged with it.

[timothyone-2009]

OH NO!!! Not YOU again? What is the English translation for DeClan?? Right-wing greedmeister ******??? You never take the side of the poor or the hardest working middle-class. Always siding with the filthy rich. Don''t ever get within shoe throwing distance of me!!! You''re not worth a good pair of shoes, but I don''t think I could stop myself.

[gbdmd]

This article makes no sense to me. Is the "Bailout Party" the Republicans or Dems?

Posted by ghostfighter at 04:39 PM : Dec 17, 2008


Wow!! Ghostfighter you just demonstrated that you''re just not the bright are you?

The "Bailout Party" are those politicians (Republican and Democratic alike) that continually argue that the federal government should provide cover for big business when ALL EVIDENCE and available data clearly demonstrate that big business does not exist to "help" consumers.

Look at the TARP money. Congress gave billions of dollars to banks to "help" consumers, and guess what, the banks didn''t spend the money the way congress expected. Not only that... No one even knows what happened to the money that was provided.

Wow... who didn''t see that coming. Who actually expected the banks to provide money to consumers? We gave money to the very people that created the problem, with absolutely no requirements.

The overwhelming level of incompetence on all sides is mind boggling.

[nolalou]

First of all it''s not a ''Bailout'' no matter how many times the author wants to call it that, it''s a LOAN!
Second, is he putting G.W. Bush in the so called ''Bailout'' party, what bout McCain, since he was for it too?
I''m not saying there is any easy answer to this crisis, but the author of this article is a MORON!

[noloyalisti]

This whole argument of whether to do bailouts is actually stupid. The real problem is a completely failed economic system of credit and consumer waste. And stealing from the poor and giving the the rich corporations to institute a fascist government in the US.

[biomegaly]

No bailout! Bad idea! Dysfuntional track for business. They must fail at their own expense. Taxpayers have been swindled enough. Enough is enough. When will the madness end...they must fail. Its the natural course. Sad to say, but true.

Excellent article Declan.

This is what we need right now; actual facts as opposed to rhetoric and lies. Many of these politicians know that you tell the truth, yet they deny these facts publicly. They don''t want to further reduce their influence (which is what they''re all about).

I appreciate your candor in this matter. Don''t let the many ignorant posters dissuade you from continuing to publish this type of information.

Keep it coming, we need more people who care about the truth.

P.S. It''s great that you actually posted a comment in regard to your article.

[antoniof123]

I beleive that if they force the union to lose so should all the exec''s in this country. Make it so they can not earn more than the President of the United States. In fact make is so that no one in this country can earn more than the President and you will see how fast that last.

Greed over principle = GOP of late.

What ever happened to my party oh wait the neocons took it over.

They can have it.

[barbjc1]

Send our jobs to China, then expect us to keep the economy going. No job, no money, no buy. I think this is called ECON101.

[barbjc1]

From day one I have wondered why the American people have been expected to bail out anyone. It has been the banks, corporate America, the Big 3 Automakers that have put us into this mess. Let them fall. Also, every legitimate skilled union member that I know, hopes the UAW''s back is broken.

[terrapin78]

In a word- YEP!

It''s all about National Security. Period!

[indiana891]

Given that we have: "rising unemployment, a painful recession, and a much higher deficit," who are going to purchase vehicles from the Big 3 anytime soon?

The UAW employees and CEO''s must make concessions in order for the "loan" to ever be repaid, otherwise we are just throwing our tax dollars away. Not all Americans own automobiles, so why should everyone be punished?

[irmcvet971]

zzy-izzy, If it will help get you off of here, I will. You are a SCUM BAG. You have to be a lazy UAW menber

Posted by hitoyou11 at 12:38 PM : Dec 17, 2008

Now now! Let''s put away the swastika here! The FACT is simple, OUR NEW PRESIDENT wants this done and we should give the man what he says he needs to turn this mess around. The fascist who got us into this mess should NEVER be listened to... EVER AGAIN!!

[hitoyou11]

zzy-izzy You are the only JOKE on here. SCUM BAG

[hitoyou11]

zzy-izzy, If it will help get you off of here, I will. You are a SCUM BAG. You have to be a lazy UAW menber

[kofiananimus]

The number of firms making horse-drawn vehicles dropped from nearly 5,000 in 1904 to only 88 by 1929. The Carriage Builders National Association, founded in 1872, was essentially defunct by 1922. Few carriage makers besides Brewster and Studebaker made the transition to automobiles, and only Studebaker was successful.

Just as the horse-drawn carriage industry collapsed as it was replaced by automobiles, it is time for new alternative energy auto startup companies to replace the antiquated and bloated big 3. Don''t bail out the big 3, replace them if they can''t adapt. Fill the road with Teslas.

[declanm-2009]

PVperson: You seem to think that I''m biased because I use the term "bailout party." If you follow the link to my last column on the topic, you''ll see this:

"The bipartisan enthusiasm for bailouts shows how the two major political parties have reshuffled themselves. We now have the Bailout Party and the No Bailout Party (populated by some conservatives and libertarians with help from the AFL-CIO and economic populists)."

Both George W. Bush and Nancy Pelosi are members in good standing of the Bailout Party; it''s a not a Republican-Democrat thing. If I''m biased, I''m biased against unnecessary bailouts.