Bush Bails Out Automakers

[Bugaleena]

Happy New Year!! Thanking everyone around the world for your support of the U.S. in our recent Presidential election. We are very excited about new beginnings and resurrected friendships with those countries we have alienated through no fault of our citizens. You helped give us hope. We are so appreciative that you were hoping and praying along with us. We did it! Looking forward to a long hard battle back up to prosperity and peace. Thanks. On to 2009

Terri in Melbourne Beach Florida U.S.

[ladyblue614]

I Think All That Money should go to all the 401 K retirements and the people 401ks who's not retired yet!!The banks got all there money the poor didn't see any of it?Will the car companys do the same?

[12valvepower1]

1:13-1:14. c c c c c c c can

[jakswa]

1:12  mmm more bush remix material.

[jakswa]

hey, my college-fund industry is also failing... where's my bail out!? this collapse is the industry's fault, not the tax-payers. now you're paying not only for higher-quality, more-fuel-efficient foreign cars, you're also now paying to support the failed american car companies... you'd think we made our decision when we chose not to buy american.

[12valvepower1]

i want my bailout. i need my 750 billion dollars becuse of my atheist faith based initiative. and my golden parachute thingy. that way i can overthrow bush and be on the way towards equality forthwith.

[kensei85]

Sorry to "burst the bubble", but all these bail-outs/loans are going to ultimately devalue the Dollar to the point of hyperinflation (more printed money = less value, simple).

If government wasn't totally corrupt they would let failing companies fail as they are doing things wrong- putting our money in to keep businesses afloat is prolonging the pain so when it hits the fan its gonna hit HARD.

Expect the SAME from golden boy Obama- he's gonna bring in the NAU/Amero as his amazing "solution".

[Caretaker2104]

why dont we give 10 milion to all the 3 mil emolyes employed and let the car industry burn 4 makin pieces of crap cars and save some money?

[laoshapigou]

bush=bullshit

[12valvepower1]

lao. 2nd

[laoshapigou]

haha~

[robnox]

damn, and I thought he was done fucking this country up

[DigiTan000]

Now bail out the tax payers

[404040wolf]

Too bad it wasn't bricks instead of shoes. and to think people still vote republican..

[Caretaker2104]

ok if you havnt noticed in the last 8 years we've gotten worse but i guess in order 2 know that you would have to watch the news and not the 1 where they report about britney spears hair cut.... and not this censored bias bull they keep tryin 2 feed us.

[JakeAndJared]

If Bush was running the country into the ground according to liberals...imagine what Obama is going to do... Socialism and a recession do not mix.

[jpbalkenende]

No conservatives in fox holes :D

Suck it losers!

[faething]

Is this jerk DETERMINED to leave our country in RUINS?? Where the heck is his conserviative repubican ideal of government staying OUT of people's business affairs? Where's THAT when we need it? These auto makers have PROVEN that they CANNOT be trusted with money. This is pure crap!

[cfortune4]

i hate this faggot

[triumphelf]

OH Well, now the Top Dude's can Retire and Richer!!..Quicker!!

[throughtime5919]

Go to hell you murdering POS, and take these automobile companies with you.

That's what they deserve for their many years of trying to shove inefficent, gass-guzzling deathtraps down our throats.

And for ripping us off in parts & repair charges everytime one of their pieces of crap has a problem.

Bad companies fail, that's how it works.

The consumers have spoken.

They're sick of buying sh!t from corporations that treat them like sh!t.

Let them burn.

.

[PAYNE227]

throughtime5919: I agree with you. But would add: take the congress with you. They have taxed and spent us into bankruptcy. There were no checks in 8yr.(no vetos). This president is so out of touch with the common man, Katrina. He has allow the rich to prosper while the working man has suffered. Now he is taking care of his corpriate buddys like his did the bankers and stock brokers. Worst President we have ever had, includes Carter.

[mrwrister]

throughtime5919-- your post is one of the best I've ever read on this site

[triumphelf]

Now everyone can Get Job's with the AutoMakers,there's gonna be Many Jobs!!!!They'll be Hiring Many American's!!

[WorldsFirstLaw]

some one should throw a shoe at that traitor

[SharkDude1]

Damn Bush is stupid!! The reason the USA auto makers need a 'Bail out' is because they are poorly run companys full of greed.

The US auto makers seem to not want to make cars that use less fuel. And with gas prices hitting 5 bucks a gallon a few months ago, the US auto responded with...nothing. Everybody bought Hondas, Toyotas and other cars to save on the gas crunch. USA auto makers did nothing...But ask for a bail-out. Shezzz

[jpbalkenende]

Yeah 14 billions to keep 3 million people employed is a bargain that you can't left standing in these difficult times. Letting the domestics suck of the teat of government for a year (or two?) is far cheaper at this point than letting them fail (even if they do fail two years down the road).

[12GaugeLosAngeles]

Hmmm, the dollar won't be worth doo-doo soon thanks to this do-do. The system is RUINED! Ron Paul was right on his speeches to the fed and about how the dollar has weakened. This whole system is worthless now.

[zardcat1111]

This money has bought the automakers a few months before asking for another bailout. That's all this has done. At the same time other failing companies want a piece of the bailout. Now companies don't have to worry about making a profit because the good ole' gov't will bail them out. This mentality will fuck up our economy to oblivion. Why isn't Obama fighting against this? Where is he?

[Anarchist86ed]

golden parachutes for wall street, golden parachutes for auto execs, depression and poverty for the commoners.

[doston1]

Hear Hear

[RonPaulGeorgeRingo]

The "Party of Lincoln" quit being the "Party of Lincoln" the day Lincoln died.

[rtardbox]

"The American people want the auto companies to be successful..."

what CRAP!

WE, the American people, want them DEAD!

SCREW ANY company that can't pull it's own weight.

OVER 90% of the AMERICAN PEOPLE agree with this attitude!

I WISH BUSH WOULD DIE!

[S197V6TT]

You are watching the destruction of the Republican Party in America.. 2008 was the last year of a Republican Presidency.. It will be dismantled into oblivion.. A new party will be born to replace it..

Say goodbye to the Republican Party.. They tried to destroy America, and destroyed themselves..America is Everlasting.. America will overcome any Republican assault conceived in the back alleys where broken condemns and filthy underwear warn by republicans can be found..Homosexuals bastards!

[RebelsLiberator]

The automakers will not endebt our kids because of their financial greed and screwups.Accountability,transp­arency and honesty.

[S197V6TT]

@RebelsLiberator

The American People are much smarter than to fall for your crap.. The Republican Party along with Southern Democrats, have betrayed America.. They have offered foreign auto makers better deals with tax breaks in the south, while increasing health care cost, and making things tougher on American Auto Manufacturing companies.. Its all related to NAFTA..

No one reading this is stupid.. The Republicans will never again be in power in this Country.. They will never rebuild..

[RebelsLiberator]

The big three will not screw the taxpayer.Sorry if they go under its their own fault.

[aachkar]

why doesn't this apply to the "welfare system" too? (just wondering what your argument is and whether helping screwed up people/companies is a good or bad thing on the long shot (as an investment))

out of context opinion: those who don't pay taxes shouldn't be allowed to vote (they can vote privileges for themselves)

[RebelsLiberator]

Sorry S197V6TT out with the corrupt CEOs of this country and corrupt politicians democrat or republicans.Too many view things through a political lens/divison and that will change for the better.

[S197V6TT]

I agree! LOL!

Perhaps I have misunderstood your first post.. Your speaking my language..

[RebelsLiberator]

OK 17.4 billion on december 19,2008.I got it marked down on paper and in notepad form.We the people will be watching the auto industry very closely to see how you restructure.We expect to paid back for this loan.

[48501337]

this is why you redefine powers of the executive branch..

[lostorfound19]

fuck you bush...  there is a reason congress didnt pass this shit.

[justus4justice]

How is it possible for him to redirect funds pre-allocated for another purpose by congress?

[moham8803]

Fucking Unoins!!! It's all the UAW fault. He should let them fail so the UAW contract will be VOID !!!!!!!!!!!!

[DevBlazed]

Terms for the auto industry but no terms for the loans given to banks.

What happened to the 2 trillion dollars the fed loaned out. where did that go????

[cbtrb]

now tha economy iz gonna be more bad cuz of that god damn bailout

[lance24a]

Isn't this Unconstitutional? Why isn't there an out rage?

The Exective Branch doesnt have the power to spend anything; Expecially $17 Billion Bailout.

Also, if he plans on taking money out of a bill that has alrady passed, doesn't that have to pass to congress also!

It sad to see the demolishing of United States Republic........

[RXTRUX1]

Insanity. The only hope for the Small 3 is chapter 11.

[anthonyfoxtrott]

so, greener future- here we come.

[Striker4928]

Lately Bush looks like a freaking terminally ill ghoul..People do get heart attacks and such and die from their own crimes...everybody wish that on him..wishes can come true!!! I will party for weeks when that happens.

[89stinger]

I wish you a heart attack Striker

[Striker4928]

You & your mass murdering white house monkey are first >:)

[mochiam]

You americans should get all your guns go outside these factories and impose the construction of electric cars in 6 months, otherwise strip the testicoles off from these greedy CEO

[CityofDestiny]

As the American taxpayer will be footing the bill on this loan, it seems reason"able that the issue of outsourcing receive some attention. With outsourcing, many haven't the income to purchase the products that we are now backing with our tax dollars.

What do others think?

[Tigerpoi51]

"Protectionism " check out - "1932 A True History of the United States. " ... blocking the flood of cheap imports is good for home industry.

[IcyKitty]

Thom Hartmann talks about his a lot. We have to have import tariffs (like we used to) to get manufacturing jobs back in the US. I keep remembering that part of Wal-mart's selling point was that they bought American products (back in the day) now they force China to produce cheaper products.

Regan started this and it has snowballed.

[HugeJohn51]

I think you nailed it.

[WeskJago]

*shrug* ...apparently we asked for it. always remember that - whatever happens, in the end, we would've asked for it (as a whole, not individually)

[iLlusionalw0rld]

Really Greedy people that run these companies

[sweetalova]

last minute fuck up for bush!!!!

[IcyKitty]

hasn't the big three "laid off" their workers for a month? How much longer do they need to restructure? How about getting back to the basics? Ford said every worker should be able to afford to purchase his car. Stop making SUVs that are not needed in the Suburbs and make an affordable, long lasting and fuel efficient car. Restructure that

[HugeJohn51]

Affordable long lasting fuel efficient cars? tha's crazy talk! but you make an excellent point about Ford- that was the idea of mass production wasn't it- before him, only wealthy people could afford a car.

[IcyKitty]

Momma said I had rose coloured glasses.

[Davenergy]

It's nice that in more or less of an emergency situation, congress just adjourns for the break, like the economy is just on the back burner.

[killergames187]

This is bull shit!!The money will not help and they will be back in weeks for more of your tax money.The first Bail Out did not work and this one will not.They have not mad money in years so how are they going to pay back this money?