Auto Bailout
12-13-2008, 06:49 AM
#22
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Originally Posted by sixcard' post='744427' date='Dec 13 2008, 08:16 AM
I never read anything about tax payer bail-outs, or anything close to that, in the United States Constitution.
12-13-2008, 07:06 AM
#23
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Originally Posted by juris335' post='744471' date='Dec 13 2008, 10:49 AM
Don't you recall the Founding Fathers drafted the Constitution in hopes it would have no lasting meaning? They intended it to mean whatever a Governor or Judge or Senator said it means. For example- when it refers to "WE THE PEOPLE" it really didn't mean citizens of these United States. It meant everyone in the world including a new born baby in Kenya. The bending of our Constitution and the corruption in our government is ever so slowly eroding our way of life to the point where fascism and socialism are getting the foothold that we once tired to prevent Germany, Russia, China and Iran from getting...
12-13-2008, 07:34 AM
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If that's the case where's my bailout! 
12-13-2008, 10:46 AM
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I am completely against it. The big 3 automakers have been messing up the market since 9/11. Offering 0% financing and all sort of rebates just to get ahead of everyone in the industry. They have saturated the market with all this sales promotions. Worst part about it, you would think that they will be able to capture back the lost marketshare from the import cars. That didn't do any good for them or the whole car industry. Now, after all the years of bad management and decision, they want the taxpayers to bail them out. No F****g Way
12-13-2008, 06:04 PM
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The Big 3 have been run by the gov't for many years via standards and silly rules. The Big 3 are making the cars US buyers want: trucks and SUV's ... most of their profits come from these sales. They lose money building small cars. They only build small cars to increase the CAFE numbers - a gov't mandate. The reality is that worldwide there is TOO MUCH automobile production of small cars. Our representatives inside the DC beltway are FOOLS. The more they try to control a market, the more the market adapts. No bailouts and stop meddling in economics. The whole gov't needs an enema and fresh faces.
12-14-2008, 12:42 PM
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Originally Posted by ObD' post='744736' date='Dec 13 2008, 07:04 PM
The Big 3 have been run by the gov't for many years via standards and silly rules. The Big 3 are making the cars US buyers want: trucks and SUV's ... most of their profits come from these sales. They lose money building small cars. They only build small cars to increase the CAFE numbers - a gov't mandate. The reality is that worldwide there is TOO MUCH automobile production of small cars. Our representatives inside the DC beltway are FOOLS. The more they try to control a market, the more the market adapts. No bailouts and stop meddling in economics. The whole gov't needs an enema and fresh faces.
I agree with less meddling but I don't really see an over supply of small cars. On the other hand, I do see incentives to move crap inventory of crap SUV's, crap minivans, and crap sedans that only government fleets and captive rental agencies will buy.
12-15-2008, 07:20 AM
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After reading this thread all I can say is 
I am a naturalized citizen that own 2 German cars, but would be sad to see the American car disappear. To see so many on here willing bid good riddance to the US auto maker without care for the consequences is striking.
I am a naturalized citizen that own 2 German cars, but would be sad to see the American car disappear. To see so many on here willing bid good riddance to the US auto maker without care for the consequences is striking.
12-15-2008, 07:57 AM
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I'm for the bailout, because should the auto industry tank here in the USA, the economy will take another HUGE hit and take much longer to recover. 
That being said, I think the UAW MUST renegotiate, or even a "bailout" will only buy the auto industry a few months of life instead of turning it around! 
That being said, I think the UAW MUST renegotiate, or even a "bailout" will only buy the auto industry a few months of life instead of turning it around!
12-15-2008, 08:20 AM
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Originally Posted by flyingpuck' post='745607' date='Dec 15 2008, 10:57 AM
I'm for the bailout, because should the auto industry tank here in the USA, the economy will take another HUGE hit and take much longer to recover. That being said, I think the UAW MUST renegotiate, or even a "bailout" will only buy the auto industry a few months of life instead of turning it around!
That being said, I think the UAW MUST renegotiate, or even a "bailout" will only buy the auto industry a few months of life instead of turning it around!