[magellan]

Originally Posted by upandrunning

I hope but do not think it will happen that the bail out dies. The US auto manufacturing got into this mess by building 20k SUVs and selling them for 40k with no reguard for the future. They did not give a nickel to the tax payers when they were cutting the fat hog, so why should my tax $ go to them now?

So the 2.5 - 3.0 Million people directly and indirectly tied to the automotive industry didn't give a nickel to the government? Is that what you are saying? They paid no taxes? Didn't spend one dime in their communities? Horded it all under their mattresses or shipped it back to their homeland?

And the auto industry made a profit of 50% on each SUV? Is that gross? Net? What?

I don't mean to be a jerk, but those are some outlandish claims.

[ozzie679]

Originally Posted by upandrunning

I hope but do not think it will happen that the bail out dies. The US auto manufacturing got into this mess by building 20k SUVs and selling them for 40k with no reguard for the future. They did not give a nickel to the tax payers when they were cutting the fat hog, so why should my tax $ go to them now?

Americans will pay for Big 3 no matter what | Chronicle | Chron ...

Do we pay less now...or more later?

The Center for Automotive Research, a non-profit organization in Ann Arbor, Mich., estimates that if Ford Motor Co., General Motors Corp. and Chrysler LLC completely stopped making cars next year but returned to 50 percent production levels in 2010 and 2011, it would still wipe out nearly 2.5 million jobs next year.
The center, which gets a small portion of its budget from auto companies, says 239,000 of those jobs would come from the Big Three, 795,000 from their suppliers, and 1.4 million from other jobs created by the spending of auto workers and suppliers’ employees. The number of lost jobs would decline to 1 million by 2011 as the Detroit companies resume work, foreign automakers in the U.S. expand their production, and some laid-off workers find other jobs.
Overall, that lost employment would cost government at all levels $50 billion next year and $108 billion over the next three years, the center estimates, with Washington bearing most of that cost. Almost a quarter of the money would be for unemployment, welfare, health care and other costs government would have to carry, while the rest would come from lost collections of income taxes and payroll taxes that support Social Security.
In a more severe scenario in which the Big Three halted all U.S. operations completely, the three-year cost to taxpayers would be $156 billion in lost tax revenue and higher spending, the center says.

[HeadedWest]

Originally Posted by wheelsup

If you give the low and middle class jobs you'll see America grow and prosper.

I don't see how we can prosper with the work rules in the UAW contract.

Paying people for not working is not a recipe for growing and prospering.

[smellykat]

Originally Posted by HeadedWest

I don't see how we can prosper with the work rules in the UAW contract.

Paying people for not working is not a recipe for growing and prospering.

Be sure to tell the UAW workers that, HeadedWest. Your statement is one of ignorance not intelligence.

[Nephler]

The US auto industry has been 5 - 10 years behind the times. It they would have gotten their heads out of the sand and seen what the trends were, they wouldn't be in this mess. The other thing is, if GM, Chrysler and Ford would make a half descent car, they just might sell more.

It is their own damn fault !

[12GO]

Originally Posted by Nephler

The US auto industry has been 5 - 10 years behind the times. It they would have gotten their heads out of the sand and seen what the trends were, they wouldn't be in this mess. The other thing is, if GM, Chrysler and Ford would make a half descent car, they just might sell more.

It is their own damn fault !

They do built great cars and trucks everyday. But when toyoda had 10 recalls last year, did you even hear 1 of them on the news? No you didn't. But the 2 recalls Ford, Chrysler and GM had was played on the nightly news for over a month. Funny how the same supplier also supplied toyoda and honda but never was mentioned by the nightly news jokes whose pension plans depend on honda and toyoda stock prices and sales being up. Show me a toyoda or honda, and I'll show you 2 from GM or Ford that will outperform it, get better mpg, and be a better, more reliable vehicle and not nearly as ugly!

[bryan61]

Looks like Dubya is going to loan Automakers 13 billion

Thanx George

C'mon Say it with me

Thanks George

[Adrian71]

Originally Posted by bryan61

Looks like Dubya is going to loan Automakers 13 billion

Thanx George

C'mon Say it with me

Thanks George

Unbelievable. Why even have Congress if Bush just does what he wants after Congress says NO?

Why not just nationalize the entire economy?

We're just propping up a bunch of companies that desperately need to change. The UAW has killed its own industry, and Bush is essentially telling them that's OK -- here's some taxpayer money.

And people have the nerve to call Obama a socialist.

[4movinghelpdotcom]

No one can blame anyone for working for the unions. They were great jobs to have. But lets facre the facts about the unions: They priced themselves right out of a job. The union leaders got greedy; they got political. This is not what the unions were formed for all those years ago. It was to protect the worker and ensure a FAIR wage.

Union employees have gotten lazzy and greedy in their own right. Always expecting more from the Big 3. Look when all you do is turn a screw a few turns does not mean you should get paid $65/hr. A fair and decent wage yes.

As business owners like the Big 3 are who really could blame them on sending our jobs to where they could employee a mexican $10 verus the American that is getting $55 or more an hour.

But the Big 3 are not blameless here. They got greedy themselves. They were stupid and sat back in their ivory towers thinking that nothing could topple their empires. We now know that isn't true.

And by sending our jobs oversees they are the biggest reason for our economic collapse. They were the biggest employers (along with the ancilitory businesses) that we had in America. By sending these jobs oversees what did they expect to happen. Without those jobs in the hands of Americans who could afford the cars that they were making.

It is all one big circle of a mess.

Of course voting for the communists (am sorry -- the Democrats) sure enable the Big three to do what they did.

The solution is each and everyone of us to pull ourselves up by the bootstraps and get us out of this mess because the unions, big business or government isn't going to do it. Only we are.

And if you don't believe me then just keep your hand out for those governement welfare payments that you so desperately need. FDR, The Democrats or welfare didn't get us out of the great depression before, it sure as hell ain't gonna do now.

[TrippingJay]

Originally Posted by upandrunning

I hope but do not think it will happen that the bail out dies. The US auto manufacturing got into this mess by building 20k SUVs and selling them for 40k with no reguard for the future. They did not give a nickel to the tax payers when they were cutting the fat hog, so why should my tax $ go to them now?

Newsflash, when gas prices were cheap, people had no problem buying SUV's, and trucks. Prior to gas prices rising, light trucks made up 50% percent of new car sales, while small, fuel-efficient cars made up less than 5% of all new car sales.
Futhermore, Toyota, Honda, and Nissan are all guilty of creating monster SUVs and trucks.