Tell President(s) and Congress NO To Auto Industry Bailout

[mumbleora]

75 % of American industry relies on the auto industry!!75 percent!!! If the auto industry fails the rest fails too. You GED graduates who haven't read a book since Mother Goose, try to act like you understand economics should go some where and sit down..

BTW, it wasn't a bailout, it was a loan that was paid back!! Read a book sometimes.

[kittycatback]

The UAW - - - are such greedy b*stards, they don't care.

UAW = U Ain't Working

Good job UAW you bankrupt General Motors!

[FluxCapacitor2008]

Citing danger to the national economy, the Bush administration approved an emergency bailout of the U.S. auto industry Friday, offering $17.4 billion in rescue loans

[automan88]

You are all morons if you don't loan the auto industry money. Just because you don't like the company, doesn't mean they aren't important to the US. it's more important than all of you ignorant people care to realize. There's more to the american auto industry than you know.

[dave777blaster]

Detroit is over they sold more cars than anyone in the last 40 years and lost money doing it !

No longer a business model they owe too much money to make cars that are reasonably priced.

kill off Detroit and bring in TAT and Chinese companies who can sell what Detroit is making at 1/3 the cost to consumers.

Detroit Auto is Redundant.

[Deneb33]

In 2007 I heard on the news that Ford was hurting financially, so I gave it some thought and bought a Ford truck, cause I needed a new vehicle. (My last American new car purchase was a 1984 Pontiac Bonneville.) In 2008 I bought a Saturn Vue (GM) SUV, and it is superb, beyond any expectations of the quality. I used to always buy Datsuns and Nissans in the past, but I think detroit makes good stuff. I hate to see all those workers hit the street my brother is just losing his job with DHL.

[gblueslover2]

You are talking about PEOPLE losing their JOBS, you pompous asshole ~ MIDDLE CLASS PEOPLE WILL LOSE THEIR JOBS, "THESE" are the PEOPLE that WILL LOSE THEIR HOMES, and YOU sit their and say they "deserve" to go bankrupt? 70% of Wal Marts shelves are stocked with FOREIGN products.WOW...AMERICANS must "suck" at everything they DO then..huh ?

You're a loser.

[jorkjica]

If all this country can do is assemble Japanese and German autos, we are doomed. Obvious need to push education in this country and try to keep auto industry viable in the interim. I would buy a Pontiac: Vibe, Solstice, Ford: Fusion, Taurus and other US autos in a heartbeat! One crappy Malibu is not enough sample space to judge US autos.

[krysteenoc]

jorjica, I agree with you! We are in trouble if we are going to rely on Honda, Toyota and Nissan! The US Auto Industry retooled everything to support the America in WW2! Are we going to ask these companies to do that if we happen to get a war with any Asian countries again? We need to stop and think about that before just saying no. This is going to have far-reaching affects on more than those employed by the industry and its suppliers.

[jorkjica]

Absolutely! Without a successful auto industry all the military vehicles will be inexperienced pieces of crap or foreign made.

[krysteenoc]

That would, uh, sort of easily make us the underdogs.

[jorkjica]

Hey, this country needs the manufacturing base from R & D to Show Room floor. Maybe we fire the decision makers in the US auto industry and hire more competent ones but I say yes to loaning them money to restructure and become competitive. There are some nice US autos and there are some crappy foreign autos. Nissan 350Z piece of crap with zero visibility - just sexy as hell. Joint Toyota GM Pontiac Vibe is excellent value auto!!! Maybe visibility not so good but excellent side mirrors.

[corstoyotaguy]

Big 3 go under... Other automakers sell more cars... need more workers... hire laid-off workers from Big 3...No bailout needed.

It is an insult to me as a Toyota salesman that my taxes would be used to bail out my competition!!! I started buying Toyota in '93 after having my fill of GM sub-par products.

My business is slow because of the economy as well. Nobody is going to give me a handout to make it. I have to do what I have to do to get through these hard times.

[AJstar9]

@corstoyotaguy BET YOUR BUZY WITH RECALL WORK BUT JAPAN GAVE TOYOTA 3 BILLION TO HELP

[Ineedeveryoneshelp]

CAI selected Toyota as a nominee for its 2008 "Corporate Hall of Shame" elections. Toyota is contributing to inaction on global warming. The company has hypocritically crafted an image as a corporate ally in the fight against climate change while working behind the scenes to stop greenhouse gas mandates from becoming law. Toyota, has opposed "clean cars" legislation in many U.S. states, and is employing "aggressive lobbying efforts" to prevent legislation to limit gas-guzzling vehicles by 2020.

[GregsDailyVlog]

Agreed. Anyone who buys a Prius has not done their homework. The carbon footprint is far greater than continuing to driving an old Chevy Truck with no catalytic converter. However, I could care less about Toyota. I care about U.S. automakers. It's time to NOT bail out anyone here at home. It's time to fire all who contributed to business as usual and allow fresh entrepreneurs to risk their own capital on a new direction, vision and profitability. NO TO WELFARE.

[uzijohn]

GregsDailyVlog

I couldn't agree more, I've worked for two Japanese car companies that have teamed-up with American car manufactures

Currently we have a Ford V6 that will require pulling the engine to replace the water pump!

Previously I worked for a company that had a GM inline 4,5 & 6 cyl. you couldn't remove the "plastic valve cover" because the

"plastic intake manifold" was in the way and when removing the Cyl. Head half the head bolts snapped-off in the block "piece of SH#T"

[commando7144]

dont forget the 2 trillion rumsfeild announaced the pentagon couldnt account for the day b4 911

[GregsDailyVlog]

Stay in Michigan hoping for welfare, sucker! Because you will be stealing copper wire from empty homes and sending it to China for a can of stew. Pull your head out!

[daman4469]

i hope when i get in to a financial bind, the government gives me enough money to cover the debt. yea, like that would happen!

[emforty2]

the new 2008 MALIBU a PILE of JUNK ?? ha ha ha garbage?

it tought GMs first attempt at economy cars back in the 80s the CHEVETTE was a pile of junk heap.

REPUBLICANs SAID NO TO BAILOUT

[lasuvidaboy]

Tell the UAW no bailout money until wages are slashed 40%. Management should get the same paycuts and the lavish pensions need to be looked into as well. These UAW workers and managers need to be told this is'nt the 1950s-it is a global economy today and they need to compete!

[jvids]

All these people that say, hey let the auto industry fail, what they dont realize is that if millions of people lose their jobs then YOU will probably lose your job because there is going to be no one left to buy whatever goods or services your comapny sells. $700 billion to banks that created credit out of thin air and your going to cry about a govt. loan to the auto industry that actually manufactures something, damn near the last thing that the USA actually makes?

[GregsDailyVlog]

When the corporate auto execs begging for money yesterday all flew in on their own private jets (and all told Congress they would not get rid of them when asked) and not commercial airliners like regular Joes like you or I, that is why these beggars should not get my tax money. There are seasoned entrepreneurs who can come in and clean this mess up with their own money, without taxpayer money. That is known as voluntary risk capital rather than forced risk.

[afandaeunit]

i agree with the video. I owned a dodge, it was a absolute waste of money. I've also owned a honda, you could not break this car and the materials used in the honda was of a much better grade.

[dave777blaster]

America can once again be the biggest exporter

of the world but for some reason the govt does not want it and the industry does not want it.

[dave777blaster]

no bailout to car companies

there is no sales so no jobs will be saved

give the money to

TESLA MOTORS

they will build electric trucks and cars for America

send in the wrecking ball on Detroit

[taxiture]

Since last twenty years technology does exist in order to make electric cars, the use of solar energy por the same porpuse. WHERE THE AMERICAN AUTO INDUSTRY HAVE BEEN?