Just Say No to Detroit

Discussion in 'Economy' started by NOBama, Nov 16, 2008.

?

Just Say No to Detroit?

Poll closed Dec 16, 2008.
  1. Yes

    16 vote(s)
    76.2%
  2. No

    5 vote(s)
    23.8%
  3. Don't care

    0 vote(s)
    0.0%
  1. NOBama
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    NOBama Senior Member

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    First things first: Kathianne, originally posted the above article in the Say no to the auto bailout post. Kudo's!

    The purpose for the duplicate thread is to take a poll to see what the USMB membership thinks of the bailout and why.

    Personally, I'm against it: Mainly because these companies have become dysfunctional due to the UAW and old School management. Plus, we've already tried this and we know it doesn't work.

    What say you?

    Edit: Oops, I screwed up. I wanted the vote results to be public. Maybe Gunny can fix it if he doesn't decide to delete it.
     
    Last edited: Nov 16, 2008
  2. editec
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    editec Mr. Forgot-it-All

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    America has become disfuctional.

    The auto industry is but one example of that.
     
  3. WillowTree
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    WillowTree Diamond Member

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    American government is dysfunctional and will become worse. Say no, let them file chapter 11 and resturcture the way they do things.
     
  4. PheloniusRM
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    PheloniusRM Rookie

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    Do you really want to have 1 million+ angry, unemployed union members hanging out at every import car dealer and manufacturing plant? One thing is certain, if the big 3 go down they WILL take the imports with them.
     
  5. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    I'm not concerned.
     
  6. NOBama
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    NOBama Senior Member

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    No doubt about that. The '08 election results prove your point conclusively.
     
    Last edited: Nov 18, 2008
  7. editec
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    editec Mr. Forgot-it-All

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    I really don't know.

    Depends on how the bail out is structured, I suppose.
     
  8. Bern80
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    Bern80 Gold Member

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    The one way I would put it is not on there. And that is, yes I would bail them out under the condition that they restructure.

    Unfortuantely it is sounding doubtful that the UAW is going to do that. The head of which was on the radio as late as yesterday saying they were going to concede basically nothing.
     
  9. Bern80
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    Bern80 Gold Member

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    http://finance.yahoo.com/expert/article/economist/122606

    Good article on why we shouldn't bail out the auto indsustry.

     
  10. CSM
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    CSM Senior Member

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    I find this amusing, to say the least.

    The auto industry is in trouble...no doubt about that and many are in danger of losing their jobs. What amuses me is that some of the posters advocating a government bailout are the same ones who advocate the destruction of the defense industry. Should not the same arguments apply? Cannot the auto workers find other forms of employment? Would not a shut down of the "military industrial" complex have just as severe an impact?
     
    • Thank You! Thank You! x 1

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