Potholes await in Senate as many in GOP bash bill
The U.S. auto industry was floundering long before this recession. Talk about a
handout. Lucky for those automakers our economy is in shambles so that they
could get a break!If this isn't socialism, then I don't know what
is.America will do anything to get you to buy American. Including
taxing you to pay for incompetent and behind-the-times U.S. automakers.What it comes down to is, when you buy American, you're buying a car made in
Mexico. When you buy Japanese, you're buying a car made in America. Now we're
getting taxed on cars made in Mexico....and so many more!
Well sure why not. Bailout other big CEO's and let them pocket the money. Bush
is eager to help them, but not the little people. He says he's worried about the
economy, but news flash: People aren't going to spend, not even for Chritmas,
even we haven't got the $$ to spend. No money, no flow.
If a city pays for the land and gives tax breaks to the company to come there
for 10 or 20 years, that is called "smart." If you have a company that is world
wide and provides millions of jobs in your nation and you don't support them,
that is called... stupid.The southern states developed financial
packages to get the foreign car companies to locate there. Yup, look it up.
And now the senators from those states are sticking it to GM, etc. I thought
that these elected senators put the nation first... apparently I was wrong. It
is put me first and the auto foreign companies in my state first.embarassing.
We are already in a recession due to Republican leadership in deregulation greed
and the outflow of obscene amounts of money in Iraq (Bush's folley) that was
going to be fully funded by Iraqi oil revenue.The economy is in free
fall and these same congressional Republicans now want to ensure the economy
totally crashes. Now is the time to pull back on the stick and try to get the
plane back in flight, not ensure it crashes. Sure companies that survive will
come back leaner and more agressive, but what economy will remain?Did you see the unemployment rates, the companies shutting down or laying off
thousands? Now is not the time to kill our biggest industries. Let's hope the
Senate does not ensure a depression by killing the big three.
We're not killing the car companies, just letting them die. When companies
destroy value like the big 3 they need to die. They're taking up valuable labor
and resources that could be better deployed doing something else. The sooner we
let nature take its course, the sooner the economy will get on solid footing.
You are a deluded kool aid drinker. What exactly were the deregulations by the
republican leadership that led to so much greed? The outlaw of obscene money in
Iraq? Liberals control the house and spending for the last two years not the
No bailout!!!!Let the chips fall where they may, if the big three fail,
let them. They can file for bankruptcy and somebody else will pick up the pieces
and not the taxpayers. A taxpayer funded bailout will only make things worse.
For the american auto industry to profit we must give them priority on auto
sales in america. Raise import taxes on parts and imported vehicles, the
american companies deserve some benefit for remaining true to america. Those
that think imports are better built haven't noticed the imporvement made in the
american vehicles. Besides, parts and service on american vehicles is much
Also in this bill the house included an undisclosed pay raise for federal
judges. Why should they get a pay raise when others are getting laid off? If
the auto makers get this bail out, they them selves said that it would tide them
over until March and then Obama could solve their problems. I don't know what
they think he is going to do. No bail outs for any one at any time for any
You caused it so live with it. There are existing car companies that will move
right into the existing factories and we won't miss a beat. Anyone that didn't
see this coming by these GREEDY jerks is a fool. Also we need a thinning of the
dealerships anyway, just look at SLC, and the wealthy owners of these
dealerships. Larry Miller is a perfect example. Let all of them close up and
re-open with a different mentality and direction. No Bailout.
New Vehicles from 40k to over 100k? Who do they think can buy this junk anymore?
They have done it to themselves so let them stew in their own pot. Just how far
can the envelope be pushed by these GREEDY theifs? Add on operating costs,
insurance(which is a ripoff) and it is no wonder that they are in trouble. Let
the financial markets, auto co's, and other BIG business go to hell. We will
survive and be better off for it.
The Government should give each American (I mean true American, tax paying
American) a voucher to buy a vehicle from one of the 3 BIG AUTO companies. That
way they get their money and we Americans know what the money our taxes are
going towards. Than we are all happy. I am tired of the CEO's and Executives
pocketiing all the money.
Give GM $15 billion but will it really fix anything? I doubt it. I agree with
the GOP that handing over billions only delays the funeral. The patient has
terminal cancer and is beyond rescue. Let the patient die and then allow for the
re-birth of a new creature that can actually compete with the foreign guys over
the long term. The only way to get rid of the current management and union
contracts is to start from scratch. Bankruptcy and restructuring (if done
quickly)doesn't have to mean job loss for the line workers and engineers so I
say lets follow the Yellowstone policy and let er burn and allow for new life to
come from the ashes.
By the looks of this world we are in our latter days.
When will you people learn that raising taxes on ANY corporation is only raising
taxes on consumers. CORPORATIONS DON'T PAY TAXES. If they actually paid all the
taxes our corrupt politicians placed upon them they would all need a bailout.Politicians have completely corrupted the purpose of taxes and use it to
divide americans based on class and income. Our economy will never change except
at the margins until Americans finally decide to stop fighting each other and
place this economic mess right where it belongs. On all politicians, Republicans
and Democrats. If you think your Democrat or your paticular Republican are not
part of the problem than you can expect more of the same that these hacks have
been shoving on taxpayers for decades.
the auto industry as long as they have the cancer of labor unions eating them
This was yesterdays news story in the afternoon, House paves way to auto bailout
however the US Senate blocks it cold in its tracks. GET RID OF THE FRIGGEN
UNIONS first. Than come up with a real plan, other than "we need the bucks".
Then we'll talk. Until than the BIG 3 can crash and close their doors for good.
We Republican's don't care.
just think about it, you use to buy a house with a garage for what they sell