Comments on: Should the Automotive Industry get a bailout?

By: Corey

Corey — Sat, 29 Nov 2008 23:05:24 +0000

I agree with darkstar…they would definitely be better off to ride things out without it.

By: cnulan

cnulan — Sat, 22 Nov 2008 22:32:41 +0000

If the chicomms don't buy it, it's clearly not worth having….,

By: paws35

paws35 — Sat, 22 Nov 2008 21:44:33 +0000

Should the auto industry get a LOAN? Yes. I grew up on the phrase, “As GM goes, so goes the nation.” I also remember when the GNP (gross national product) was included in the newscast once a month. America is going down without the loan to the American Auto industry, because at that point, we will be owned by foreigners. We are already in debt to CHINA of all places to the tune of $1,000,000,000,000. and counting. The auto industry is being hijacked by health insurers, just like the pentagon was hijacked by the people who make hammers. Remember the $600. hammer?! If health care costs were lower, the auto industry wouldn't be in quite a pickle. And, speaking of benefits, how many of you after hearing your salaries, inquire next about your bennies? If it weren't for the UAW, you wouldn't be working 40 hours a week with benefits. You salaried workers may work more than 40 hours, but that's by choice. Overtime? Again, UAW. How many of you would work in a building with no air conditioning, sometimes reaching 110 degrees? How many of you are creating positive carbon footprints; driving foreign cars to impress, (adult peer pressure). How many of you realize we have been HAD, by Bushes cronies-gas is now down to to dollars a gallon, which, evidently could have been at that price the entire time!!!!! If the auto company does not get the load, talk about trickle down, it will affect you and you and you. . .

By: tootsie

tootsie — Sat, 22 Nov 2008 06:57:40 +0000

First its not a bailout ,there talking about a bridge loan.As you stated Doc there must be a restructure of the business model,not only for big three; but America business practice in general,what are the priority?Baby boomers entering retirement age,escalating health cost draining resources.We need a new deal;excellent show.

By: DarkStar

DarkStar — Sat, 22 Nov 2008 01:54:22 +0000

No. They will be better off in the long term if they don't get it.

By: cnulan

cnulan — Fri, 21 Nov 2008 17:20:40 +0000

Only if China elects to buy them and gets no pre-emptive blocking from the feds. The market has a definite solution for the inefficiencies of operations management in Detroit.