Comments on: At Michigan Debate, Questions on Auto Bailout Opposition to Rule

By: Andrew

Andrew — Sun, 11 Dec 2011 00:01:34 +0000

can you please ask something about healthcare
Andrew

By: Marcie Fischbein

Marcie Fischbein — Wed, 23 Nov 2011 17:14:49 +0000

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By: tmferretti

tmferretti — Thu, 10 Nov 2011 19:07:12 +0000

BIGGUY

You even explained it better than I could. The labor unions built the middle class who enjoy all the benefits those guys on the picket line fought for. Too many Americans have bought into the corporate rhetoric that demonizes the unions to allow the corporations to out-source and use foreign cheap labor. 50 years ago, there would have been no out-sourcing of American jobs or American workers would have shut this country down.

By: tmferretti

tmferretti — Thu, 10 Nov 2011 18:29:39 +0000

I saw yesterday where GM passed Toyota as the largest selling car company in the world. If this doesn’t tell you the bail-out was a god thing maybe the fact that thousands of auto-workers still have jobs will.

By: Wylie-Mike

Wylie-Mike — Thu, 10 Nov 2011 07:56:26 +0000

How is passing a business’s red ink to the taxpayers a good thing.
It’s great that GM and Chrysler are reportedly in the Black. But that could have been achieved through normal litigation through bankruptcy. And ‘No’, Bankruptcy does not necessarily mean that they would have disappeared.

By: Bigguy

Bigguy — Thu, 10 Nov 2011 05:50:26 +0000

I find that most people who criticize unions don’t know anything about them and have never belonged to one. Unions don’t have the power you think they do, the company has all the money and the facilities. When you negotiate a contract you’re given the financial reports from the SEC through the Freedom Of Information Act. This information spells out how the company is doing. and most important, how they’re spending the money YOU earned for them. If Detroit was in such bad shape why did the execs get such big bonuses? When they got the bailout money the first thing the CEO did was a 2 million dollar office remodel. How did that help car manufacturing. When I was in a union (30 years) the first 15 were good. Pay raises were based on cost of living. Second 15 were ALL give backs. Presidents pay went from 96,000 to 1.5 Million. Went from 4 vice-president to 16.Would you rather everybody worked for what the GOOD company thought was enough? Think we’re in a mess now, try that!! Keep in mind, if you’re not the CEO you’re just an employee. When we had strong unions nobody worried about their 401′s, or the government paying for health care. The were NEGOTIATED!! Is no negotiation for golden parachute, exec pay, perks or how the company is run. If the company bankrupts labor goes to unemployment line, welfare, food stamps. Execs go to another company or retire on their severance package. Union people are not a bunch of stupid buffoons as you seem to think, nobody would kill their soul source of income!! How’s the upper class going to feel when we reduce all wages and all taxes for the benefit of corporations and they have to pay for everything. Doesn’t do any good to worry about manufacturing if nobody can afford to buy!!!

By: Connie Davis

Connie Davis — Thu, 10 Nov 2011 05:30:30 +0000

This debate was pretty good. It covered pertinent subjects and the candidates did not resort to attacking each other. Most had some really good points to make. In any case, Romney is the man with the best chance to unseat Obama among the widest demographic. Most people I know have decided on Romney. He is calm and thinks things out. Romney has business and government experience that is sorely lacking in Obama and most of his Republican opponents. He has the best chance to turn the economy around because of his experience and history of working across party lines. He is not flashy, but a good stable man who loves his country and will do the best job. On the health care issue, he has the most experience as to what works and what does not. I think he will be able to offer some real help in that area and it will not include a Federal takeover.

By: Steve Hamilton

Steve Hamilton — Thu, 10 Nov 2011 04:50:25 +0000

The root cause of the auto companies’ problems was not the unions. It was lousy management, that pushed the manufacture of high margin SUV’s, didn’t focus on business basics and saw their market positions slide because of lousy quality, poor engineering and design, and lack of innovation. the President and other elected officials from both parties who rescued the domestic auto industry did the right thing for the country. Any time you do a rescue, some people get benefits they don’t really deserve. So what. The purpose of the rescue was to prevent further deterioration in the economy, and it worked reasonably well. I think it’s incredibly ironic that some people blame the President for the fact that their benefits have gone down, compared to pre-bailout times. How do their current benefits compare to “NO BENEFITS” if there were no auto companies to provide jobs?

By: Librarian53

Librarian53 — Thu, 10 Nov 2011 03:19:20 +0000

The auto industry isn’t fully recovered because there are so many people out of work and/or worried about the money they lost when the stocks and housing prices tanked.
If we all read labels and choose to buy American whenever possible, we can create jobs, bring jobs back to the U.S. and every industry, including the auto industry will pick up.
Any politician who says we shouldn’t have saved the auto industry doesn’t understand how many suppliers would have gone under, too, killing more jobs. Or those politicians own stock in foreign car companies! :)

By: raggmopp

raggmopp — Thu, 10 Nov 2011 01:15:34 +0000

Yeah, open for business IF you are wealthy enough and don’t pay taxes to support the country.