Posted on 11/19/2008 3:38:00 PM PST by KentTrappedInLiberalSeattle
Thought the same thing!
NEXT HOT JOBS OF THE FUTURE
Need Techs who can run presses and print billions of dollars at a time.....
Why not just ban the UAW and avoid all that?
I think Barney got poked in the back of the brain.
Barney Fwank is a criminal and should be in prison.
Rescuing a “profitable but temporarily troubled company” takes more money than it does to acquire all outstanding shares of its top-2/3 competitors?
We’re in for a world of hurt next year.
“Shows what happens when you put those who cause in charge of the fix”
Yep.
Also, all the industries must talk down their own future because the bailout and Paulson’s broad talk about it encouraged hopes they can get government money—if they are in “trouble.”
So they have to talk down the future.
On the disinformation line of attack, management is claiming “unions” won’t let them go into bankruptcy to reorganize. Bunk. They don’t want to admit bankruptcy will kill executive pay and bonuses. Creditors might boot out upper management altogether too.
This is just more of the TOTAL INSANITY OF THE SOCIALIST LIBERAL LEFT.
Our market continues to plunge after electing a socialist radical into our White House and his lapdogs in the Congress are already going nuts with spending and taxation ideas.
It is my TRAGIC PROJECTION that these grossly incompetent union-pandering management of the Big-3 will get money they do not deserve and without assurances that the “LOANS” will be paid back by the presentation of a business plan that shows how they will do it.
They have to bust the unions to do it and become competitive and the unions are really what this bail-out is really all about. Saving the jobs of unionites who voted Obama into the White House. It is payback time. TOTAL INSANITY.
Under Franks’ plan will the auto companies all be merged under an umbrella company know as American Leyland?
The Big 3 don’t know why they are in trouble, don’t know what they are doing now, and have no idea how to get out.
Let. Them. Die!
Someone with brains and vision will snatch up the pieces and build anew.
Government is a big part of the problem. Personally, I don’t care how the auto industry runs its factories or pays its employees. I’m not even a union hater like some FReepers. If they want a union, that’s fine with me, just don’t ask me to pay for it.
Let me put this bluntly. FReepers generally know no more about the auto industry than anyone else, including politicians. We can probably debate all sorts of master plans to revitalize the industry, but we are almost all ill trained to do so. What we SHOULD be advocating is simple: get the government out of the way!
What does that mean? Cut taxes, slash unnecessary regulations, eliminate government mandates, etc. That’s the conservative way, and it works!
The technical term of the economic system where the government runs major industry while maintaining the illusion of private ownership, is National Socialism.
It didn't work so well for Germany 70 years ago, and I don't see good things coming from it today.
When you have 4 times as many people on the dole as you do on the payroll, you have a problem. Everyone knew that the UAW contracts were not sustainable.
Hear! Hear! (knocks on table)
A symptom of how far we’ve sunk is that Barney Frank is still a member of Congress.
Isn't Mister Frank one of the big three evil-doers who got us into this mess?
(Frank, Dodd, and Raines?)
If not, who might be the three peeps most responsible for our current financial predicament?
.
The Bahwney Pucker factor is so high he couldn't insert a pin needle.
"Biwions I say! Biwions fah Big Fwee Baiwout!"
LOL.
Just watch the Dem pucker factor folks, they will DO nothing and 'bwame" Bush even though they have controlled Congress for 2 years.
Come on Bahwney! You and your Dem buddies Govern for Kwyssakes!
Pwant the money twees !
The Bahwney Pucker factor is so high he couldn't insert a pin needle.
"Biwions I say! Biwions fah Big Fwee Baiwout!"
LOL.
Just watch the Dem pucker factor folks, they will DO nothing and 'bwame" Bush even though they have controlled Congress for 2 years.
Come on Bahwney! You and your Dem buddies Govern for Kwyssakes!
Pwant the money twees !
Well...duh (The market cap for all three is under 7 billion.) Bawney Fwank is a Congress critter....he really doesn’t have a brain!!! Nor, must those who keep re-electing him...
This is utter nonsense. No one knows what the automakers will do with the money. A better way to help them out would be to suspend some Federal regulations - starting with the impending CAFE regs. But, of course, we can’t do anything that simple and practical because Washington is run by “environmentalists”.
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