Off the Cliff

I for one don’t see how this country has any future without an industrial base. I for one am in favor of doing all that is necesary to repair Ford and GM.
What we should have done twenty years ago is to establish an economic environment where fuel efficient cars would be favored. Ford, GM and Chrysler made the cars they did in response to an economic environment that favored gas guzzlers.
Letting these companies die would be a significant blow to any effort to re-industrialize this country. As for Chrysler, I’m afraid that it is already gone.

I too believe there is far too much at stake to allow American automakers to fail. What is irritating to me is that there some members of Congress apparently so dense they can’t see the forest for the trees. Buying cars for federal employees is a good idea. At this time most Americans can’t afford new cars, foreign or domestic. However the federal government can best help the automakers by buying cars from them and not loaning or giving them taxpayer dollars.

This country is fit to run one of those GM or Chrysler metal boxes. These people are
talking about airbags and seatbelts in great Indian Nano?. I cannot control but
laugh looking at the gas guzzlers in US of A. They can try learning how to manufacture wonderful cars like Nano before commenting on cars like Nano..

how can any sane person argue this auto bail out is worth it? all it does is give the uaw worker 90% of wages plus full benefits ,indefinitely while laid off. chapter 11 will not cause them to go out of business, just throw out the old union contract

Okay, let’s think this through–their high school graduate assembly line workers are making more than degreed scientists at large pharmaceutical companies. If their line workers make that, what do their engineers or managers make? All of these guys have gravy jobs, and it’s the reason that an American truck could cost nearly $40,000. Don’t give them another stinking dime! Look, if GM shuts down, someone else who actually has some SOUND BUSINESS PRACTICES will buy it up and open the factories again. Then we’ll get the quality Chevy has produced in the past for half the price–as it SHOULD be. Then the economy can come back because people will actually be able to afford the cars…

There should be no government subsidies for business, as long as the government doesn’t handicap these businesses from succeeding by attaching regulations that prevent them from competing.
The car companies should not be held hostage to union contracts, CAFE mileage standards, or government mandates at all. If being held to these forces them to go out of business, then this has to occur to show the public that government intervention and union behavior undermines the public good. There is no reason that I should be sending my tax dollars to help some government official pick winners and losers and to subsidize the UAW.

Let GM go. Only so many cars will sold in the U.S. If GM doesn’t make them somebody else will. Other auto companies are making a profit by manufacturing cars in this country.Why can’t GM ? Because they make a second class product and expect us to buy it because “It’s made in the U.S.”. All the union cares about is how much they can squeeze out of the company, all the management cares about is how much they can squeeze out of the union. Nobody cares about the product.
Ransy

please remind people the “GM” is not just a Corporation. It is thousands of friends and families just like you and I. We need (must) keep them working. I truly believe that we need a U. S. auto industry. If not, you might as well sign over this country to China.

Why should we worry about bailing out GM, these people are a bunch of uneducated overpaid employees who have better benifits than anyone else in the country. They are not willing to give up anything to keep their jobs. So why should the American people who have lost their jobs care or feel obligated to jump over the cliff for these people.
The people who have the money to buy cars now. Want a better more dependable car. They want to get their money’s worth also.
I say good riddence. I don’t owe them anything. I wouldn’t drive one of their cars if they gave it to me. Once you have had a Toyota, you never go back.

I think the executive officers of these companies should be putting their OWN MONEY into their companies!
If they are so sure their companies can succeed………then invest some of the MILLIONS they’ve made while the companies has deteriorated.
Maybe the “bail out” should be a “match” to their investments……and maybe they’ll all get even richer when things get better,huh??

Hey all you pro foreign product people.How long have you lived in this country?Do you remember world war one or two?Did you have a relative who died in tne war.How many americans were killed and tortured by the japanese or the north koreans,Germans.You dishonor all their deaths when you dont support american products,what few there are left.Men and women risk there lives each day for this nation.Whats the point if our own citizens are going to sell us out.keep it up and your job will go sooner or later.Unions that are being bad mouthed are the reason that the wages for everyone have risen.Watch what happens after this great rush to the bottom of the wage scale.You think there isn’t some foreigner out there willingto do your job for a lot less.Wake up people before it to late

Shame on Americans-I believe the stock market will crash with the failure of GM.Why would any American want the last American manufacturer to go bankrupt?Retirees have already lost their savings in the market and now to loose their pensions- only in Russia do they say to bad to their seniors- oh but we are in America.Lets root for America to suceed not root for our demise.Do we want China and Japan to manufacturer everything we use.Lets look at the big picture.