[MI-IRISH]

with all this yapping of the big 3 getting 14 billion and needing oversight and all that talk,why didn't the banks go through the same scrutiny before they got their billions of OUR money,double standard here maybe?

[magellan]

Originally Posted by MI-IRISH

with all this yapping of the big 3 getting 14 billion and needing oversight and all that talk,why didn't the banks go through the same scrutiny before they got their billions of OUR money,double standard here maybe?

It's absolute insanity. The banks that pretty much put us in this mess get a free pass and a blank $700 Billion check, and automakers get beat up for not making fuel-efficient cars that Americans won't buy (only 2% of vehicles sold in 2007 in the U.S. were hybrids). How did fuel efficiency standards cause this economic crisis? Friggin idiots in Washington.

If it were the airlines asking for loans, would they be asking them why jets burn a ton more fuel than automobiles per passenger and rain toxins down on the planet? And why the pilot and mechanics' unions get such great benefit packages? Not a chance.

[tcb]

*clap*

[topshop]

Originally Posted by MI-IRISH

with all this yapping of the big 3 getting 14 billion and needing oversight and all that talk,why didn't the banks go through the same scrutiny before they got their billions of OUR money,double standard here maybe?

The trademark of our government today is double standards. Things will likely change, but the process may not be pretty.

[MI-IRISH]

Originally Posted by magellan

If it were the airlines asking for loans, would they be asking them why jets burn a ton more fuel than automobiles per passenger and rain toxins down on the planet? .

As i recall,the airlines got their bailouts right after 9/11

[magellan]

Originally Posted by MI-IRISH

As i recall,the airlines got their bailouts right after 9/11

You're absolutely right. I believe they basically got a blank check too. $15 Billion.

9/11 Airline Bailout: So, Who Got What?, Millions Approved By Congress Went To Places You Wouldn't Expect - CBS News

I don't seem to recall anything about fuel efficiency standards of Boeing or Airbus jetliners.

It's interesting that much of the opposition is coming from Southern Republican members of congress (who got fat giving $Hundreds of Millions in tax credits to land foreign automaker assembly plants).

[MI-IRISH]

Rise so high, yet so far to fall
A plan of dignity and balance for all
Political breakthrough, euphoria's high
More borrowed money, more borrowed time
Backed in a corner, caught up in the race
Means to an end ended in disgrace
Perspective is lost in the spirit of the chase
Barren land that once filled a need
Are worthless now, dead without a dead
Slipping away from an iron grip
Nature's scales are forced to tip
The heartland cries, loss of all pride
To leave ain't believing, so try and be tried
Insufficient funds, insanity and suicide
Megadeth 1992

foreclosure of a dream,man...has that echo thing going on

[upandrunning]

All this tax payer money going to corporations, and still the rank and file left to loose their home, health care and jobs. Congress gave the finance companies their money and all we got was to see them throw 400k party’s. How many times do we take it in the ass before we say enough? I am sick and tired of seeing out tax dollars go to companies that will be paying for health care, and bonuses that we as tax payers never see. I am on the edge of saying I am not sending my tax payment in this year. I have just about had enough of this crap.

[shannonMD]

Originally Posted by MI-IRISH

with all this yapping of the big 3 getting 14 billion and needing oversight and all that talk,why didn't the banks go through the same scrutiny before they got their billions of OUR money,double standard here maybe?

I AGREE! Why is it that the automotive companies have to be made examples of? Being from an automotive family, its bull. Our government has their heads shoved so far up their behinds, they are not seeing that the demise of 2 major auto companies would have a ripple effect across the country. They just don't get it.

If 2.5 billion jobs are lost from these companies, who is going to buy other products and good from other states. Mr. Alabama....."I have none of those automotive companies in my state, but he has 5 foreign automakers"...really who is going to buy those cars....Why don't they get it.

Really has the unions brought down the big 3? Has executive leadership stayed in this position to long to destroy it? What about Chrysler, they should really be given the money, that CEO inherited that mess from Daimler! Daimler just came in and worked the company to the ground took their money and ran.

If we were truly Americans, we should not let foreign companies run this country like they do. Who's country is this anyhow?

[Coldjensens]

Just becuase they gave away money ot the bank does nto mean that they should give it away to the big three. What they should do is take back the bank money (most of it remains to be released) and requrie them also to fire their chiefs and come up with a plan. The banks already started hoarding the money rather than loosening up credit as the government expected would happen.