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Do You Favor A Government Loan To The Detroit 3?

3958 messages,  Last post on Oct 02, 2009 at 4:52 PM

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#638 of 3958 Re: Gettlefinger [pf_flyer] by gmctruck Nov 20, 2008 (9:53 am)
Replying to: pf_flyer (Nov 20, 2008 9:30 am) Well said pf......   Until the big 3 and the UAW are willing to set aside their arrogance and stubbornness, there will be no viable solutions put on the table. Replies to this message: pf_flyer (Nov 20, 2008 9:54 am) xrunner2 (Nov 21, 2008 8:00 am)
#639 of 3958 Agreement? by pf_flyer HOST Nov 20, 2008 (9:53 am)
Reporting that some kind of deal has been reached and there's going to be an announcement at 6:30 this evening.
#640 of 3958 Re: Gettlefinger [gmctruck] by pf_flyer HOST Nov 20, 2008 (9:54 am)
Replying to: gmctruck (Nov 20, 2008 9:53 am) The UAW definitely came across as arrogant and unwilling to bend today.
#641 of 3958 I do not favor a loan by chikoo Nov 20, 2008 (10:09 am)
simple reason.....and everybody in Washington can also see it   link title
#642 of 3958 Have to see if this plays by pf_flyer HOST Nov 20, 2008 (10:22 am)
Warning of economic disaster, Democrats and Republicans from auto industry states reached a deal Thursday on an alternative package that would temporarily divert money from a fuel-efficiency loan program to cover the Big Three's immediate costs. But it was unclear whether it could draw enough support to pass.   Using money that's already been appropriated MIGHT get it to sneak by. Replies to this message: fezo (Nov 20, 2008 10:33 am) euphonium (Nov 20, 2008 10:45 am)
#643 of 3958 Re: Have to see if this plays [pf_flyer] by fezo Nov 20, 2008 (10:33 am)
Replying to: pf_flyer (Nov 20, 2008 10:22 am) Yeah, it looks like the compromise is what Bush wanted to do - divert the retooling money into the bailout. Of course come February we will then "owe" them another $25 billion.   This is like when you r kid asks for $20 for gas and you only have 10 and give it to him and he says "That's OK . You can owe me." Replies to this message: euphonium (Nov 20, 2008 10:45 am)
#644 of 3958 Re: Have to see if this plays [fezo] by euphonium Nov 20, 2008 (10:45 am)
Replying to: fezo (Nov 20, 2008 10:33 am) Then when the kid runs out of gas, he calls for you to rescue him again after he knows he went too far in the first place.   Alcoholism isn't cured by giving the drunk a drink.   Bailing anybody is being an enabler.
#645 of 3958 How to not enable by pf_flyer HOST Nov 20, 2008 (10:52 am)
I think if they don't put REAL strict limits on how the money is used, changes we need to see, etc., then we need to remind the politicos of one thing...   The 2010 elections   I think people are angry enough that this time it's not going to be an idle threat against Congress. Do the job WE want you to do or you'll be looking for a real job
#646 of 3958 Re: A previous poster is quoted below. [euphonium] by jpf Nov 20, 2008 (10:53 am)
Replying to: euphonium (Nov 20, 2008 9:02 am) So, let's get real tough. Let Ford, GM, and Chrysler fail. That's say 300,000 to 400,000 people unemployed. Now, throw in the 30% to 40% of the dealers that will go under, another say 100,000 unemployed people. Many of the parts suppliers who supply GM, Ford and Chrysler also supply Toyota's, Honda's, and Nissan's domestic production. These businesses can not survive if they lose their business to the Detroit 3. Thus, Toyota's, Honda's, and Nissan's plants will come to a standstill as well. How many more thousands of people will be thrown out of work? Can you say another Great Depression? Further, if you think we live in a true capitalistic society, dream on. Let's see, our agricultural sector is totally subsidized, likewise perks given to the defense industry, the bailout of banks, etc. The fact is we can fix the Detroit 3 by making it a Detroit 2 and forcing the rationalizing upon them that that they desparately need. Replies to this message: euphonium (Nov 20, 2008 11:05 am) berri (Nov 20, 2008 11:51 am) kernick (Nov 20, 2008 12:45 pm) berri (Nov 20, 2008 1:35 pm) and 11 more... gmctruck (Nov 20, 2008 12:02 pm) berri (Nov 20, 2008 12:16 pm) joel0622 (Nov 20, 2008 12:19 pm) kernick (Nov 20, 2008 12:26 pm)
#647 of 3958 Re: A previous poster is quoted below. [jpf] by euphonium Nov 20, 2008 (11:05 am)
Replying to: jpf (Nov 20, 2008 10:53 am) Prepare to witness, then, the awesome capacity of an unreformed Detroit to consume taxpayer billions with nothing to show for it.

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