General Motors Bail Out(Cnn Story)

[onstageagain]

The US was supposed to have a limited government b/c the founders knew political power attracts swarms of crooks, demagogues & despots as surely as horse manure attracts swarms of horseflies.

Politics was never meant to be a profession, ike diapers, should be changed often & for the same reasons ! Giving this Obama access to ur wallet is like giving a dog access to ur refrigerator !

[Herr2Cents]

and now we are screwed

[kymystic65]

The American Textile industry and the American Steel Industry once had a monopoly with no competition. But unions greed soon put them completely out of business. Textiles and steel are now made only in foreign countries. Unions will soon put GM and other US autoworkers out of business. The USA's biggest export is currently paper boxes which are used by foreign countries like china to ship products to the usa

[SigalaSigala]

The government thinks it can tell GM what to do now that they've given them money. Does that mean that the Chinese can tell us what to do since they've given us money?

[squallopelli]

i am beast

[Niche79]

Im tired of these bailouts, we have tons of auto companies to choose from, if they build bad crap like normal, they deserve to fail. Honda and Toyota make great cars and half of which are built in the USA Now! And you dont see them running to the government? Ever wonder why? They build GOOD RELIABLE CARS! They build cars people WANT! They cut their car line up years ago to keep being profitable, and yet the big 3 keep building cars no one wants that are so ugly and never last.

[RRbattlefield]

While the media is going all out and complaining about the 17 billion dollar bail out of GM, they say nothing about the GE (General electric) bail out of 140 billion dollars. WHAT'S UP WITH THE MEDIA THESE DAYS!!!

[lasuvidaboy]

No UAW and management paycuts (35% is a start) then no taxpayer funded bailout. Why should taxpayers subsidize blue collar workers making $50-75.00 dollars per hour w/incredible medical and pension benefits? That is insane!! Pay'em $20.00 per hour to build Chevy's and Buicks.

[nbojb]

More cars in the world, more pollutions, more gas price, more wasted time spend in traffic, more stress- more wars because of the greed to fuelled the trillions of vehicles on the road etc.,

God gave us 24 hours a day- and 99% complained it is not enough. Go figure.

Cars are polluting this world! think about it.

[nbojb]

WHy not build a massive high tech transit rail - like Europe. Heck, over there they trash their cars and use bicycle.

The live better and longer.

I guess US wants to build HUGE automobile with big seats. etc., etc.,

Bigger bigger and Bust!

[nbojb]

con.t

Big companys, like tech companies send many jobs overseas-India etc. where labour are cheap.

Yet they charge so much for their product, and you get shit all for service and they pocket the profit.

Today, I had to call my telephone co, and was routed to India. lol. for a charge 411 charge of 10.00. which I did not make.

How many people they are doing this to?

Every country should be able to keep their Companies and job in their own country.

Obama should revise this.

[nbojb]

What is the big fuss about GM, Chrysler and Ford? What?

Why? because 1 in 20 people drive an imported car- which are better made for engine and rust etc.,

The SUVs are made by GM,C, and Ford - and they are gas guzzlers and are own by rich people.

The poor people cannot afford, gas, house, nor car, and they might be better off healthwise.

Just look around tomorrow on the street- and take notice how many drive foreign cars.

Go Figure

[TAMTULROD1]

One point that someone in the congress said: The middle class wasnt built by AIG. It was built by the big three. Also, did people forget that it is everybodies tax money, even the people that work for the big 3?

[RegularFool]

Moral to this story: You don't have to have a parachute to skydive but you need one to skydive twice.

[RegularFool]

BAILOUT. Yes, you better bailout before it crashes. The Hummer, wtf is that thing, an ugly gas guzzling tank, an oversized Aztek. ROFLMAO. If they would have built EV's and better fuel efficient vehicles, they wouldn't be in this position, instead, ExxonMobil would be asking for a bailout. They had their chance and crushed it, literally. BAILOUT, NO, NO, NO. BIG OIL won this hand and the automakers had the ace and crushed it.

[64sham]

I hope they come up with a solution because GM makes good vehicles.

[shortee4204real]

These bailouts are unlawful without the permission of U.S. citizens unless the politicians who invested in this shit pay for it out of their own empty pockets. Why are you bailing them out? You know they will never be able to pay you back while honest companies do not ask for a dime. That is not capitalism or even fair at all. Shove it up your ass.

[silvercarrera993]

You should not help GM.

There is no value even if I help it.

High pay collecting has everything on its way.

[sebring98]

If GM wants to live, instead of begging the US gov for 25 Billion they should be begging successful car companies for advice.

[adw2688]

they priced thierselves out of a job everything you and i buy is priced like we all work for one of the big three