Auto Bailout
12-12-2008, 03:52 PM
#11
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I am for loans with conditions of payback, union concessions, and such (but no conditions of car types, carbon limits, etc). In short, allow them to have to time to retool and make the cars that the US public seems to want. If they can't build those cars and make a profit then its their loss, not ours. However the retooling does take time so if they get no help, they'll be gone before they could build the "right" cars.
Just to throw money at them and watch it disappear in a year when they declare bankruptcy is wastefull.
Just to throw money at them and watch it disappear in a year when they declare bankruptcy is wastefull.
12-12-2008, 05:52 PM
#12
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Originally Posted by Richard in NC' post='744201' date='Dec 12 2008, 04:52 PM
In short, allow them to have to time to retool and make the cars that the US public seems to want. If they can't build those cars and make a profit then its their loss, not ours.
If I mismanaged my money will congress give me a low interest loan to help ME out of my situation?
12-12-2008, 07:06 PM
#14
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Funni texaz3 
.....i waz lookin at the cadillac cts-v 6spd manual but couldnt find the wheels i wanted for it(very limited upgrdes)....i always wanted a bmw but thought about comprimsing to keep my co-workers off my back.(delphi) i get some funni looks from some but its not as bad as it used 2 be(so ive been told) they said you couldnt even drive a foriegn car in the parking lot without having it defaced 
.....i waz lookin at the cadillac cts-v 6spd manual but couldnt find the wheels i wanted for it(very limited upgrdes)....i always wanted a bmw but thought about comprimsing to keep my co-workers off my back.(delphi) i get some funni looks from some but its not as bad as it used 2 be(so ive been told) they said you couldnt even drive a foriegn car in the parking lot without having it defaced
12-12-2008, 07:11 PM
#15
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I'm against the bailout and really believe the car companies should declare bankruptcy so they can restructure and reorganize. Also it'll free up alot of money for them because they wont have to pay those pensioners anymore and those overpaid workers and finally be competitive
12-12-2008, 07:21 PM
#17
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Originally Posted by nyceric03' post='744290' date='Dec 12 2008, 11:11 PM
I'm against the bailout and really believe the car companies should declare bankruptcy so they can restructure and reorganize. Also it'll free up alot of money for them because they wont have to pay those pensioners anymore and those overpaid workers and finally be competitive
12-12-2008, 07:38 PM
#18
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Originally Posted by JStraw' post='743892' date='Dec 12 2008, 11:48 AM
On another note, here's the bill that was introduced in Congress, House of Repr. Take a look at page 35, section c. This is what our leaders in Congress do. Insert language and provisions that are unrelated to a bill. I'd like to find out which Congressman introduced this languange in the bill, and make his name public. 
Wait, didn't P-E Obama said he would do that??
Attachment 67033
Wait, didn't P-E Obama said he would do that??Attachment 67033
Not only do they insert stuff like that in there, it often effects the vote on the floor. For example, someone that wants to vote "yes" will end up voting no because of some inserted BS like this. Later, when that politician is running for office again, his opposition will claim he voted "no" on the bill that cost many people their jobs, etc. without explaining the reason he voted the way he did...
12-13-2008, 04:16 AM
#19
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My Ride: 08 550 Carbon Sport Almost everything factory, but no sound upgrades.
I never read anything about tax payer bail-outs, or anything close to that, in the United States Constitution.
12-13-2008, 04:34 AM
#20
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My Ride: Mach5 05' 530i Black Sapphire Metallic w/Auburn Leather Seats, Heated Front/Rear Seats, Cold Weather Pkg, Premium Pkg, Sports Pkg, Xenon Headlights, NAV, Mud Flaps, 20" 166 Style Rims
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LET THEM EAT CAKE!! :thumbsdown: