Sparks Fly as Lansing Mayor and John Fund Argue Baiiouts!l

A lively discussion on whether or not GM should get more taxpayers' money.

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News & Politics

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• John
• Fund
• Live
• Desk
• Fox
• News
• Lansing
• Mayor
• Virg
• Bernero
• General
• Motors
• GM
• Bailout
• Martha
• MacCallum

[thatonedude675]

companies need to realise that bankruptcy is THE solution. bailouts are not the solution (no matter how many depression threats we get).

[arkivx1]

What a bunch a cry babies GM loses $1400 on every vehclie because of the union. I also love how he blames wall street because GM is full of idiots.

[pranays]

They paid the money Back

where's the money from wall street?

[mgezz3]

Did you notice as soon as he mentions "Wall Street" he gets cut off! No biased there! NOT

[simoom101]

If you're a Republican, get out of here. You care about yourselves and no one else. You want the hard worker's money to enrich yourselves.

[ThatsHowSimple]

He always blames wall street

[ThatsHowSimple]

He always blams wall street

[usrevolution2]

Yep. Michigan needs another Democrat Socialist to finish the job of collapsing our economy and driving our the productive from our state. Let's forget we are the Auto Industry epicenter and focus on those GREEN jobs! Team D is DONE! No to Socialists! No to more Damage, Destruction, Devistation, Depression, Depopulation, Disorganization, Disinformation, Dishonesty, Donkeys, and Democrats!

[nfwvideo]

@LiberalshateAmerica do u belive in any worker rights?

[nfwvideo]

@LiberalshateAmerica how about we fix the trade deals we have they are the main reson jobs leave america

[nfwvideo]

@LiberalshateAmerica THEY SHOULD PAY MORE!!!

[nfwvideo]

@LiberalshateAmerica this coming froma paerson that wants job loss? whats your problem/ you want a 3rd world economy like china? GO LIVE THERE THAN!!!!!!!

[mbutehorn]

This mayor is a nut job. I wish I lived in Lansing, just so I could vote for his opponent.

[MotorCityPlayer]

omg!! THIS MARTH WOMAN IS NUTS! Wall st is the BIGGESST problem in this entire country! Verg is NOT changing the subject. He is merely comparing Wallst's screwups that caused GM to fail. FOX loves to kick the working man...

[MotorCityPlayer]

Trillions for a war based on lies. Hundreds of billions into the hands of corrupt defense contractors, and building contractors, yet nothing for the working man. Did you forget that? WAKE UP AMERICA!

[mpc516]

This mayor is a moron.

[LiberalshateAmerica]

vrj40- cont. You do know that someone who makes 100,000 a year pays something like 39% federal taxes plus SSI and Medicaid, State taxes right? Depending on what state you are in that comes to something like 65%. A person making 35,000 pays less than 10% federal. Did you know that there are millions of people that Bush took off the tax roles? He cut taxes for low income people more than any president in history but he has never gotten any credit for it. obama is raising taxes on the poor

[LiberalshateAmerica]

vrj40- I really appricate the civil comments between us, it has been refreshing. Supply side has nothing to do with losing jobs to China or India its about taxes. The ratios havent changed much between Reagan and Bush but with obama they are risings fast. Nobody has any figures but obamas plan is costing us more jobs already. I think obama is making a great argument for lower taxes for people who hire other people. By lower I mean back to the Bush numbers. cont...

[vrj40]

When you no longer have customers who can afford to buy your products or utilize your service because all of their US jobs have been outsourced overseas to China, India, Tiawan and the like, come back with your supply side endorsement then.

On the tax question, if you make more money, you should pay more in taxes.

[LiberalshateAmerica]

vrj- Supply side helped the economy. Those who make over $200,000 pay over 90% of all income taxes. Thats the highest 5% of earners.

[LiberalshateAmerica]

vrj- Health care costs didnt cause all the job losses what caused the mess we are in is The CRA program that was expanded under Clinton and Bush AND Barney Frank, Criss Dodd and Maxime Waters in the banking comittee AND Wall Street speculators whom Bush and OBAMA just bailed out. The housing bubble was caused by all these people EXCEPT for obama. obama will only be blamed for destroying our economy. Its not a left or right issue its all of the above on this one.

[vrj40]

If corporations are left virtually unregulated, most will do just about anything. And they have, unfortunately and that is the reason why the US economy has collasped. A lack of regulation and supply side economics have been disastrous for this nation.

[vrj40]

As for your comment about Honda and Toyota, my response is relevant to your false charge that they do not receive any government assistance. They do as I stated. Now Toyota and Honda have seen massive decline in their sales and are being supported by their government similarly like our US auto industry is. relevant to the cost of manufacturing the car that the Japanese car companies do not have to contend with.

[vrj40]

I am sympathetic to small businesses, I hope to own one myself oneday, but in case you have not noticed over the last several years under Bush, millions have already been laid off in the US. Some due to, no doubt, the high cost of healtcare for employers and outsourcing of our US jobs. You already had soup lines under Bush and massive foreclosures. Repealing of the safeguards (over the last 25 years) that FDR put in place, caused this economic collaspe.

[LiberalshateAmerica]

vrj part 2. Now there are millions of small businesses who will be faced with the same thing. 70% of ALL business in the US is 25 or less employees. If someone is making $1,600 a month and it costs $600 a month, well I think you get the idea. Mass layoffs, pay cuts just as inflation from all the printing of money obama is doing means bread and soup lines, homeless people by the thousands! This is insane!

[LiberalshateAmerica]

vrj40- I am not being a smart ass here but what Toyota or Honda take from their country is none of my business and I dont care. What I do care about is our govt. passing out money like it is candy to the banks and auto companies. You brought up health care so let me give you this example. I have one employee who makes $10.00 a hour for unskilled work. Under obamas plan I would need to pay health care costs and I cant afford it so either I have to reduce the guys pay or fire him.

[vrj40]

Toyota and Honda have already been getting handouts from their government. Where have you been on this? Their government pays for healthcare so those costs do not have to be put on the back of businesses. Thus, Toyota and Honda do not have to pay for healthcare for their employees. That is a huge burden. I read estimates of $1,200 for US automakers per employee for healtcare costs.