Auto Bailout?

[TIGERJC]

Why because it's only fair?

I find it funny that we have foreign auto makers here in this country that can build and assemble cars here and ship them back to the EU and they aren't running back to the German, Japanese, Korean Govt's begging for money. Obviously the way that the companies are structured, doing business isn't working. The big Three are big through 2 billion a piece A MONTH. Also did you know that GM is paying more people through pensions than they currently employ? Add in the fact that the Unions won't even negotiate with the Big 3 and we end up where we are right now.

Sorry just because we gave out $700 Billion to companies that shouldn't have got it in the first place doesn't mean we should just continue handing out money because we can.

I believe congress approved 700 billion in bailout, like it or not the money will be spent on compaines. I think that money should have went to buiulding up u.s. infrastructures and also develop our own energy. But b/c that money will not be used I rather that money go to a industry that really needs the help, b/c a lot of people will be affected if they go under. Also more gov't oversight will come with the bailout which will hopefully stop this from happening again

[Alan®]

I believe congress approved 700 billion in bailout, like it or not the money will be spent on compaines. I think that money should have went to buiulding up u.s. infrastructures and also develop our own energy. But b/c that money will not be used I rather that money go to a industry that really needs the help, b/c a lot of people will be affected if they go under. Also more gov't oversight will come with the bailout which will hopefully stop this from happening again

Your explination makes no sense. You do realize that any "oversight" made over money lent to corporations still doesn't effect how the company is run or how it is structured it just makes sure that the money doesnt go to places it shouldn't it still doesn't fix the underlying root problem of the fact that whatever business plant that a company is using doesn't work. If that's what you want let's just spend all our money for the next 2 decades and buy up every major corporation and run them.

Cause that would really work considering Social Security prolly won't be around for either of us.

I agree with you the money should have been spent internally.

Does it suck that people are losing their jobs? Yes but what good does it to do to just keep throwing good money after bad meanwhile nothing changes.

[TIGERJC]

Your explination makes no sense. You do realize that any "oversight" made over money lent to corporations still doesn't effect how the company is run or how it is structured it just makes sure that the money doesnt go to places it shouldn't it still doesn't fix the underlying root problem of the fact that whatever business plant that a company is using doesn't work. If that's what you want let's just spend all our money for the next 2 decades and buy up every major corporation and run them.

Cause that would really work considering Social Security prolly won't be around for either of us.

I agree with you the money should have been spent internally.

Does it suck that people are losing their jobs? Yes but what good does it to do to just keep throwing good money after bad meanwhile nothing changes.

Nothing really to agrue about, I didn't support the bailout from day one (could expalin why I suck at explaining it) and you can look up my early post. I find it funny that politcians asked for 850 billion and I still believe they don't know where to spend it at. There is no real plan for the money and which only makes me more anger that the 850 billion passed with know real plan on how to use it. Screw both parties and f Bush for hurrying that bill threw the house and onto the senate. I don't support stimlus checks and bail out packages, it only hurts the country later.