Thread: The Auto Bailout

I don't start topics often here but this thing has me po'd. I mean its like Godzilla marching into Tokyo harbor begging for a handout and there are many issues the media hasn't addressed here. I'm just tired of the people coming to Washington and putting a gun to ur heads and saying if you don't give us what we want something terrible will happen.

1-This industry has fought the Gov't and resisted every attempt to improve gas mileage and put safety gear into cars since the 1970s. Who knows how many people have died because of defects they wouldn't fix because it was cheaper to pay the occasional lawsuit. Also the union isn't innocent here either. I'm a union guy and support unions to get better working conditions and get good pay and benefits but it's a different story when a union just tries to get what they can and the management caves in with disregard for what the future might bring.

2-They come and really don't talk about themselves. Its all about the economy and their workers. Talk to the people who have worked there for years and you'll see they never gave a rat's a** about their employees.But now they're real humanitarians.

3-So GM goes out of business. So when you go to buy a new car and go to Ford I guess they'll take your order and tell you to wait a year because of the manufacturing shortage. Not. Every other automaker will ramp up production, hire new employees, build new plants, get more suppliers and companies that don't have plants here will build them to meet the demand. In the end most of the economic impact would be a fraction of the dire predictions people present.

4-So the auto makers say its not their fault. Its the Economy. People can't get financing to buy cars. So the last time I looked each automaker has a financing arm. maybe if GMAC didn't require a minimum 700 credit score to finance a car they would sell more cars.But no they won't takes the credit risk to sell more cars when its easier to come to the taxpayer for a handout and force us to take the risk instead.

I would rather they come to Congress with real guns and rob us because thats more honest and you know where you stand. Trying to rob us with computers and calculators and deceit is not right.