Auto Bailout.......

[Trollkiller]

Quote:
If there is a bail out, and there should be, it must be a loan with pretty heavy strings attached.

There needs to be reasonable caps on what upper management makes, reasonable caps on golden parachutes, reasonable caps on what union workers make.

There needs to be less control by the unions on how often a plant can retool, when you can fire someone, and how many hours they can work.

There should also be some reasonable strings attached for fuel economy and price points. $30,000 for a decent car is ridiculous.

The thing is we can not let the big three fail because it is not just them that will suffer. There is a multitude of businesses that the auto manufacture industry heavily supports directly or indirectly.

In a direct line the big three support all their individual parts manufacturers, they in turn support their suppliers, and those people support their suppliers.

In an indirect line the big three support office equipment companies (computers, printers, plotters, copiers, etc.) consumables companies (paper, toner, CD/DVDs) and service companies to support the above equipment.

In even a more indirect line would be local goods and services purchased by their factories and dealers. Advertisement by local dealers and the factory.

 

[horsechick]

Management used to make 4-5 times what employees do, nowadays they make 450 X's what their employees do.
That is completely ridiculous! $8, $10 per hour to live. It's a shame when someone has a full time job and lives under the poverty line.
To condone that in any way shape or form is unbelievable.

I can see both good and bad in unions.
Without "someone" there to stick up for employees companies will run right over employees and not think twice about it, and in turn have helped create this problem we have now.
I have heard all the pros and cons of unions and have worked for those with and without.

There are new car plants opening up in the u.s., building toyota, etc...like the other poster mentioned.
Its the big 3's own fault for not being price competitive. When they moved to mexico and made thousands of people jobless..........maybe they should have thought long and hard because those were about the only people who could afford their high priced vehicles to begin with!! LOL!!

Wealthy people don't buy GMC, FORD, etc..they buy Lexus, BMW, etc....

 

[PurpleChicken]

Quote:
It's simple really, just print more money.

Our gov does it all the time.

Hi,
Isn't our money, (U.S.A) the only money in the world not backed by some sort of gold/silver etc?
Thanks

I'm not sure if any countries actually back their cash with gold or silver
any more.

It's my understanding that our currency is actually backed in ways by oil.
I've read several papers on how this works but still can't grasp it.

Either way our monetary system is a house of cards.


I agree with many here about the bailout delaying the inevitable demise
of our automakers.


I hate to say this but the way we spend our money is more important
than our vote.

Writing and calling your Congressman and Senators, and asking your
friends to do the same, as HorseJody said in the beginning of this thread,
is also stronger than anyone's vote.


My last thought is something I'm repeating. I hate and am against the
idea of nationalized healthcare because I feel it will decrease the level
of care, possibly increase costs, and am philisophically against the
government getting larger or interfering in the free market.
In the case of the automakers, if the gov or Fed is gonna bail them out
then they should BUY them out. Throw out all management, put in
government appointed people to run them, and then split them up and
sell them off to Americans or small American companies with the vision
and brains to run them.

 

[Buster]

Quote:
Hi,
Isn't our money, (U.S.A) the only money in the world not backed by some sort of gold/silver etc?
Thanks

I'm not sure if any countries actually back their cash with gold or silver
any more.

It's my understanding that our currency is actually backed in ways by oil.
I've read several papers on how this works but still can't grasp it.

Either way our monetary system is a house of cards.


I agree with many here about the bailout delaying the inevitable demise
of our automakers.


I hate to say this but the way we spend our money is more important
than our vote.

Writing and calling your Congressman and Senators, and asking your
friends to do the same, as HorseJody said in the beginning of this thread,
is also stronger than anyone's vote.


My last thought is something I'm repeating. I hate and am against the
idea of nationalized healthcare because I feel it will decrease the level
of care, possibly increase costs, and am philisophically against the
government getting larger or interfering in the free market.
In the case of the automakers, if the gov or Fed is gonna bail them out
then they should BUY them out. Throw out all management, put in
government appointed people to run them, and then split them up and
sell them off to Americans or small American companies with the vision
and brains to run them.

There are several industries that should happen with, but I don't want to hijack this thread. I agree that instead of a bail out the government should buy them out and get someone with a brain to run them.

 

[Ladyhawke1]

Quote:
It is OK to bail out the bankers and WE THE PEOPLE get nothing in return. Do you know why the Republicans DO NOT WANT TO HELP THE AUTO INDUSTRY?

They are unionized and people that have the power to demand for themselves and their families a better wage and living conditions are a plague on their house.

Let’s keep weakening the America people more… no jobs mean , no wages, no house and more families on the streets. Who is going to take care of them then? They aren’t just going to disappear off the radar.

"Cowardice asks the question: is it safe? Expediency asks the question: is it politic? Vanity asks the question: is it popular? But conscience asks the question: is it right? And there comes a time when one must take a position that is neither safe, nor politic, nor popular- but one must take it simply because it is right." -- Martin Luther King, Jr.

 

[English Chick]

Explain please, re nationalised Healthcare, does that mean for the USA a system much as we have in the UK?

If it does then vote against, our National Health Service was/is fantastic....but it is also exploited by people coming over here for our free health care, taking from the tax payers of this country and effectively give nothing back as they then catch a plane home!

The people of the UK need to have the system changed, whereby we as taxpayers still benefit from our NHS system, but any "incoming" should contribute UNLESS it is a genuine emergency, jeeshhh people are coming here just to have their babies on our NHS then scooting back home laughing at the British....oh dear starting to get on my soapbox...am not against anyone using the Health Service here in an emergency, as I believe that all emergency care world wide should be free (and I mean a REAL EMERGENCY) but think this darn Government needs to get its act together, we cannot help all of Europe with its health care issues...Gordon Brown. Prime Minister please read this darn reply! It will be interesting to see replies from all our members

 

[English Chick]

Plus the fact Gordon Brown would learn soooooo much from being a member of BYC! and not listening to just his darn fancy cabinet members........oh dear ...soapbox is sooo calling!

 

[Ladyhawke1]

Quote:
Most Americans have no idea what politics is. They think that it does not affect them. I say if you do not do politics, politics will do you.

Americans are taught to misunderstand words like socialism. Funny how the rest of the world profits and thrives from it. I guess we do not need the police, firefighters, post offices, or schools. It is every man for himself. It is a dog eat dog world and you are on your own…good luck.

"A hundred times every day I remind myself that my inner and outer life depends on the labors of other men, living and dead, and that I must exert myself in order to give in the measure as I have received and am still receiving."
-- Albert Einstein

 

[horsechick]

Quote:
Wow, kind of like our illegal immigration problems over here.....
I'm all for people coming here, but one small word, ILLEGAL, makes me mad.
And how about Puerto Rico, they pay no taxes at all but receive our social security when they are of retirement age?
Since its ok for them to do it and its illegal than maybe its ok to sell/traffic/do drugs, do other illegal things?


The only thing to think of is maybe one day you would need healthcare and its not there for you.
Maybe a parent who is sick needs their medications and can't afford to live in their apartment or home and get their med's.
Its a sad situation her ein the U.S. for healthcare.
MY step moms sister felt sick, her friends at work asked her if she wanted them to take her to hospital, she said no couldn't afford it, didn't have insurance, she went home and died later that evening.

I wouldn't mind knowing that if I needed it, it would be there, or if a parent needed it, it would there, or a friend, or a baby, or a child.
Watch Sicko the movie.
It is horrible how we have become such a greedy, morally deranged, self centered nation.

 

[Ladyhawke1]

Quote:
Hi,
Isn't our money, (U.S.A) the only money in the world not backed by some sort of gold/silver etc?
Thanks

I'm not sure if any countries actually back their cash with gold or silver
any more.

It's my understanding that our currency is actually backed in ways by oil.
I've read several papers on how this works but still can't grasp it.

Either way our monetary system is a house of cards.


I agree with many here about the bailout delaying the inevitable demise
of our automakers.


I hate to say this but the way we spend our money is more important
than our vote.

Writing and calling your Congressman and Senators, and asking your
friends to do the same, as HorseJody said in the beginning of this thread,
is also stronger than anyone's vote.


My last thought is something I'm repeating. I hate and am against the
idea of nationalized healthcare because I feel it will decrease the level
of care, possibly increase costs, and am philisophically against the
government getting larger or interfering in the free market.
In the case of the automakers, if the gov or Fed is gonna bail them out
then they should BUY them out. Throw out all management, put in
government appointed people to run them, and then split them up and
sell them off to Americans or small American companies with the vision
and brains to run them.

Oh god yes, I love the American system of health care where it can go bankrupt and lose my house. Gosh, I heard the main reason for bankruptcy in America is HEALTHCARE COSTS.

But that doesn’t matter I want more of this American dream. I cannot get enough of putting my money in the pockets of the insurance companies leaving me stuck with 10, 20 percent left to pay of medical bills in that are in the hundreds of thousands of dollars.

Hey, if I don’t like it, I can just let the cancer eat me up.

“It’s called the American Dream because you have to be asleep to believe it.” - George Carlin - June 22, 2008 - Rest in peace.