US Auto bailout rejected
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- chossy0
Interesting points made previously about the unions, some people at an old company I worked for refused to take any pay cuts so they kept their salary and the company went down about 4 months later, interestingly enough the people that didn't take pay cuts have not done very well for them selves since. It's a shame but they shouldn't have been so selfish.
- gustavfive0
it's going to effect more then just the auto companies
- DrBombay0
I think many of you people are forgetting about the millions of families that are going to be effected by this, in your fervor against the executives.
- Also consider that these companies failing will push our economy from bad to insanely badukit
- yup, but get your bloodsport on, I guess.DrBombay
- no, dobs. see my post. but this isn't going to prevent layoffs anyway. AND...its just buying a little time...and not much.monkeyshine
- people need to eat.DrBombay
- Oh sorry, I'm forgetting about the families with bloated salaries. My bad!dMullins
- chossy0
Do American car manufacturers make small euro boxes?. Or just massive saloon estate cars etc.?..
- They make all of the above. Americans don't buy tiny boxes though. They drive trucks and whine about gas prices.Mimio
- hmmm shitting in your own nest likesey!!!.chossy
- Those aren't even available over here, teh small boxes made by ford, GM, etcharlequino
- you can crap all over trucks, but some people actually need them. careful w/generalizations.sputnik2
- whodovoodoo0
THEY DONE NEED NO MONEY, MAKE DEM BURN THE MONEY BURN THE MONEY
- designbot0
Could you imagine if this bailout did pass, and then 5 years down the road they went bankrupt anyways? I think the chances are pretty high this would happen, unless they got EXTREMELY innovative.
- yes, I can and that is exactly what is going to happen...except it won't take 5 years.monkeyshine
- hiatus0
i really dont understand how they dont have the money. the company has been making so much $$$ of the sale of the cars. There not a start up Co. they made there money in millions, a large company should have to worry about rainy days or years in this case. they fucked themselves by giving the insider exes to big a bonus. betwn a few of them they got a billion or 2. they just should get checks for a couple years. live off the saving they have. there personally not worried, the top executive could not work till the economy gets better and find a place 2,3 -5-8 years.
fuck them, learn how to run your shit. game on bitch!
sorry for the typos, ranting!
- thumb_screws0
- Haha, screw the man. I'm so sick of seeing stuff like that happen on "private property."dMullins
- ukit0
Jack Nicholson driving a hydrogen car in the 70s...kind of gives you an idea how little progress these guys have made on alternative technologies in the last 30 years
- DrBombay0
Michigan is fucked already, wow.
- designbot0
What is also pretty sad is the Unions fighting against any kind of pay cut for the workers. If you had the option of no job, or getting paid less, which would you take? Sure it's sucks for them, but get a grip.....you guys are going bankrupt....and you don't want to make any sacrifices?!
- yupkona
- yup - ask american airlines what they did to tread waterBonSeff
- this is problem...no creative, flexible thinking. They're working off same script for 50 years.monkeyshine
- mg330
Obama is going to give is a car that runs on DREAMS!
- hopes and dreams, actually.Frosty_spl
- and change.. literally.. nickels, dimes, quarters.nicole_marie
- kona0
we might be doing a little car shopping this weekend. low ball the fuck out of them on a new hybrid ford escape, THEN tell them we have a car to trade in.
it's gonna be fun.
- tkmeister0
What's really funny is that UAW chief blaming senate GOP.
- lowimpakt0
aside from the shite cars... what about the millions of people employed throughout the industry?
Over 500,000 jobs lost in the US last month alone...
It's a fucking mess.
- bekannt0
cars for americans in america by americans
- TheBlueOne0
"I see comments like 'good thing they bailed out the banks and not these guys' where is the logic in that reasoning?"
That wasn't reasoning, that was irony.
- designbot0
^exactly
We don't need a "band-aid fix" ...yes things will get worse before they get better if we take the hard route and let these companies fail....but the bailouts will do the exact opposite. It will be a quick fix that will make things much worse in the future.
- monkeyshine0
I'm sorry but I don't support this; where is the accountability? If these companies came in with a new plan to turn this around, maybe it would be viable but unless something radical happens I don't see how this is anything but prolonging the inevitable. If we are tossing money about then lets come up with a plan to retrain and place all the workers who will be screwed by the industry (they're gonna get screwed one way or another).