CNN Auto Bailout Senate Hearings Big 3 CEOs Beg For Money

This is a great clip from CNN where Senators from around the country are bitch slapping the big 3 auto CEOs who are begging for our tax dollars to bail them out. The corporate jet questions are the best. What CNN didn't cover which would have been great to post, was the follow-up question that the Senator who dinged them on the corporate Jet asked. He said to all 3 of them, "you have all closed plants in Indiana and Missouri and moved them to Mexico and Canada, are any of you by a show of hands asking for a bail out package from any of those countries ?" "Let the record show that no hands went up." LET THEM FAIL !

Category:

News & Politics

Tags:

• auto
• bail
• out
• gm
• big
• detroit
• bailout
• senate
• hearings
• automotive

[TeamCrusade]

Maybe I should show up to the welfare office asking for finacial help while wearing a Rolex and I hired a private limo to take me to the welfare office.

[scotplaya]

American cars are all about materialism not reliability. American innovations are about how big a car can be and another convenient way to adjust seatings and electrically adjust a rear view mirror thats already close to the driver. It seems the many rap videos and the movie Transformers wasn't enough advertisement

to raise sales.

[Topazman12]

Guess what? They did take the money and they did blew it.

[preiify]

a big reason our companies need to be bailed out is that our monetary system is rotten.  I just watched " why we are in so much debt" on Youtube. check it out.

[eastariel]

I treasure my American-made van. I bought it for its five-star safety rating (since I'm a Mom), and by golly, did it earn those stars! It helped to prevent an accident that would have been so horrific -- if my American van and camping trailer hadn't leaped so beautifully onto the shoulder -- that a good many people would have certainly died, including my loved ones. Instead, the tractor-trailer + jumbo pickup head-on collision didn't happen.

God bless American-made.

[MrBullfrog9876]

I agree take away the private jets of these Boso's then lets take away Pelosies jet and Obamas Jet and Hillaries and Bidens and Queen Barnies Jet and then lets screem at them every time tax time comes around and the govt. is once again bailed out by us Americans and by the Chinese.

[cpgne]

The government owns GM. Well, that means the people of this country, as the government doesn't have two nickels to rub together, it all comes from the taxpayer. If that's true, then why doesn't the government issue the stock shares to the taxpayer, who owns GM? Are they God and King? WE OWN GM, not our elected servants! I want my damned stock for this company so I can hold it, sell it, or do whatever I feel like doing. I (WE, MEANING YOU, TOO!) own those shares, not the "government' !!!

[jogga123]

Indeed

[IcarusH]

1:00 OWED!

[Bologna38]

They had to fly to the meetings because the POS cars they build would not make it!

[LexusISF2009]

American cars are shit.