The latest news on the economic front is the proposed bailout of the "big three" automakers....GM, Ford, and Chrysler.  Democrats led by Reid and Pelosi can't wait to start writing the bailout checks.  This is funny because usually democrats want to take money away from businesses, and now they want to lead in the handouts.  However, this in no doubt a way to appease unions whom they give all sorts of promises during election time.

Although many Republicans are still following the heels of their liberal heros on this, some finally are standing up and saying these bailouts are becoming too common and too expensive.  I think Americans are getting tired of this nonsense as well, as the auto companies have been another industry which just can't seem to get their act together.  Of course nobody wants to see jobs lost, but maybe it's time to consider letting these businesses go.

 


Comments (Page 3)
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on Nov 14, 2008

The govenor of Michigan I believe said 1 in 10...that's a lot of purchasing power down the drain when retailers are seeing really bad numbers.

Funny coming from a governor that has assured a recession for her state for the last 6 years.

on Nov 14, 2008

Funny coming from a governor that has assured a recession for her state for the last 6 years.

Hey, anyone can predict the weather, so long as you don't give an exact time and day. Just look at Nostradamus

on Nov 14, 2008

Frankly, I think the companies should file for reorganization, the unions need to reassess themselves and take a partnership role in company growth and success, and management should be fired.  These companies have been non-competitive for decades, in my opinion, completely misreading the actual automobile market.  short of closure,  I am not at all for cash infusions to the Big Three.

 

on Nov 14, 2008

It looks like we can find common ground if we try hard enough. Maybe if we can do this, then maybe we can teach our Gov't parties to learn to find common ground and stop all the "my ideas are better than yours" campaigning

on Nov 16, 2008

Sodaiho, neat idea.

on Nov 16, 2008

I agree with those of you who say the BIg 3 should file for bankrupcy, get some good people in there to advise and help them re-organize.

A while ago, some of the airlines had to file bankruptcy and restructure...they didn't ask Congress for a free handout by way of taxpayer bailout!!

Why on earth should the American people bail out failing private companies? Doesn't make sense...yet the Democrats are going to ask that and when the Republicans say no, then they are going to be labelled as bad, not caring people. It's the same ol, same ol. 

The unions started out as a good thing, but now for the most part they are politicized arms of the Democrat party and have gone way overboard in their way of doing business.  

on Nov 16, 2008

Sodaiho -

You're more of a conservative than you've let on.  Bravo.

on Nov 17, 2008

for the most part they are politicized arms of the Democrat party

Perhaps they should have put those campaign contributions back into the company where it might have done some good, or better yet reserve it for employee's that would be affected by layoffs.

on Nov 17, 2008

Perhaps they should have put those campaign contributions back into the company where it might have done some good, or better yet reserve it for employee's that would be affected by layoffs.
Unreal. Unions are a legitimate political funding group. UAW was outfunded by auto companies that contributed to the Republicans.

on Nov 17, 2008

UAW was outfunded by auto companies that contributed to the Republicans.

DO you have a source for that?  Or is it just speculation?

on Nov 17, 2008

Unreal. Unions are a legitimate political funding group. UAW was outfunded by auto companies that contributed to the Republicans.

And your point is?  Both the unions and the auto companies should have put more money into fixing their businesses rather than buying politicians.

on Nov 17, 2008

Both the unions and the auto companies should have put more money into fixing their businesses rather than buying politicians.

Shoulda, woulda, coulda.....and the dog just keeps chasing its tail at taxpayers expense. 

 

on Nov 17, 2008

lulapilgrim

Both the unions and the auto companies should have put more money into fixing their businesses rather than buying politicians.
Shoulda, woulda, coulda.....and the dog just keeps chasing its tail at taxpayers expense. 

 

 

and most are to stupid to learn that it will be a failed cause if no changes are made....

on Nov 17, 2008

Perhaps they should have put those campaign contributions back into the company where it might have done some good, or better yet reserve it for employee's that would be affected by layoffs.
Unreal. Unions are a legitimate political funding group. UAW was outfunded by auto companies that contributed to the Republicans.

I didn't specify party in my comment. That said, don't you think it's irresponsible to to send funds to any candidate from an "organization" that is supposed to represent all of its members? Especially if that industry is facing difficult times? Although it might seem so, the problem with the automakers didn't just pop up out of nowhere. I'm sure the UAW did not equally divide contributions to all candidates. I'm sure not all UAW workers supported only one candidate. I think I'd be a bit PO'd if the money (dues) I pay this organization go to a candidate I don't support. The best solution is let the individual make contributions if they are so inclined, not the union (or the company for that matter). Too many special interests and lobbyists the way it is. No need to add more.

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