Let Detroit Go Bankrupt

[WillowTree]

I just figured it out. You are married to Rep Robin Hayes.

Rep. Robin Hayes said “liberals hate real Americans that work and achieve and believe in God"

He also said: "Sarah Palin, she’s a lady that knows how to git ‘er done. She’s been in Alaska and she got ‘er did."

are you still working??? no bailout,,none

 

[user_name_guest]

Same old tired arguments. Remember FDR's New Deal?

I just heard an interview with a guy who wrote a book on FDR. FDR was born rich. The rich in this country thought he was a traitor to his class when he started spreading the wealth.

No, every man for himself is not how America works best. No I'm not talking communism or socialism. But the rich in this country do and should take care of the poor. That's what makes this country great.

It took a World War to get us out of the country. Look at the numbers 1930s versus the 1940s and the aftermath of the war (Unemployment rate was still over 10% at the start of the war). War also reduce population which allows the ones to escape the horrors of war with more economic opportunities.

Rich do take care of the poor. We have had the distribution of wealth in this nation ever since they enacted the New Deal. Not only to the rich provide the government revenues to sustain social reforms, they provide the gadgets that allow us to communicate through digital equipment (ala computer). Without rich people, we would all be stuck in the same climate as Zimbabwe. Whenever a big star athlete signs a $50 million contract. That money goes somewhere. However, that big star athlete has a good chance of losing it all after squandering it. After he redistribute his wealth to others of course.

How can 10% of the top earners fund 70% of government revenue. The bottom 50% barely pays anything beside buying consumer goods which ends up in the hands of an employee, a middleman, and the investor who put his money into that specific business.

 

[jillian]

Of course!

I'm also for kicking Toyota and Honda out of this country if they are part of lowering our wages. $15 hr. is bullshit!!! But the dirty south loves it.

Or, maybe the south can buy Toyota's and Honda's and the North needs to start buying American again.

The Big 3 are restructuring. They are fixing what's broken.

But I also agree the BOD's and CEO's should all be fired or should step down.

And this proves that the Big 3's problems are not the expensive labor. The union workers didn't stop the executives from coming up with better cars.

But regardless. I don't like that the GOP let Toyota and Honda in to compete with American car manufacturers. Just like we can't compete with Chinese slave labor, it's hard for the Big 3 to compete with Toyota when WE pay so much better. And I don't think the solution is to start paying our labor less. I am labor. I may be White collar, but I'm still a worker bee. Fuck with these manufacturers and you and I are next.

I'm not for or against bailouts. If it is needed to keep the Big 3 going, do it. The USA made money when Chrysler paid back the loan they got in the 80's.

And I bet Toyota CEO's and VP's don't make as much as the Big 3 exec's. So why don't the Big 3 exec's start cutting their own salaries first, and get rid of their corporate jets before they ask labor to take a pay cut.

What I don't agree with are the Republican morons who want the Big 3 to go chapter 11. Then WE pick up all those pensions? No thanks.

Plus, having American car manufacturers is vital to the country/economy. You people don't realize the USA doesn't produce shit anymore. And we went from the largest creditor nation to the largest debtor nation.

But I'm not going to spend another 8 years trying to explain to you people what's going on. Anyone who's GOP or in favor of letting the Big 3 fail, or any of you idiots who buy Toyota's and Honda's, don't realize what you are doing to the middle class. And I assume you are middle class too.

Please tell me what you do for a living. If you are for letting the Big 3 go bankrupt, please let me know what you do for a living.

The problem is not that toyota pays less. It's that American carmakers make cars that aren't worth buying and MANAGEMENT sat around on their over-compensated, mismanaging butts and made more SUV's when people wanted to buy energy efficient smaller cars that actualy don't rattle when you drive them.

 

[Care4all]

The problem is not that toyota pays less. It's that American carmakers make cars that aren't worth buying and MANAGEMENT sat around on their over-compensated, mismanaging butts and made more SUV's when people wanted to buy energy efficient smaller cars that actualy don't rattle when you drive them.

and they did this because their suvs produced a greater profit for them because they used the pick up truck to build off of which they had already developed and perfected, over the years.... they did not use ingenuity, thus piggy backing off of an old formula/the pic up gas guzzler....
is what i read....they looked at short term, immediate profit instead of invisioning the future.....

 

[jillian]

and they did this because their suvs produced a greater profit for them because they used the pick up truck to build off of which they had already developed and perfected, over the years.... they did not use ingenuity, thus piggy backing off of an old formula/the pic up gas guzzler....
is what i read....they looked at short term, immediate profit instead of invisioning the future.....

Exactly... wouldn't change a word of what you wrote.

 

[Skull Pilot]

Same old tired arguments. Remember FDR's New Deal?

I just heard an interview with a guy who wrote a book on FDR. FDR was born rich. The rich in this country thought he was a traitor to his class when he started spreading the wealth.

No, every man for himself is not how America works best. No I'm not talking communism or socialism. But the rich in this country do and should take care of the poor. That's what makes this country great.

FDR fucked up the economy so much the only way out was war.

Don't Trust the Brain Trust - Llewellyn H. Rockwell, Jr. - Mises Institute

 

[jillian]

FDR fucked up the economy so much the only way out was war.

Don't Trust the Brain Trust - Llewellyn H. Rockwell, Jr. - Mises Institute

Huh????

The depression started during Hoover's presidency. The economy started to recover under Roosevelt and the war just sent the economy from a recovery into a boom.

What on earth are you talking about?

 

[Skull Pilot]

Huh????

The depression started during Hoover's presidency. The economy started to recover under Roosevelt and the war just sent the economy from a recovery into a boom.

What on earth are you talking about?

read the article. don't just regurgitate the FDR savior shit you learned in school.

FDRs "plan was the reason the depression lasted as long as it did.

 

[Sunni Man]

The depression started during Hoover's presidency. The economy started to recover under Roosevelt and the war just sent the economy from a recovery into a boom.

The Jewish bankers made sure we got into the war. They all made a fortune!!

 

[Skull Pilot]

The Jewish bankers made sure we got into the war. They all made a fortune!!

And a lot of their relatives were gassed. i guess they planned that too?

 

[Sunni Man]

And a lot of their relatives were gassed. i guess they planned that too?

Never happend. Just more Holohoax nonsense!!

 

[user_name_guest]

That blue eagle from the 1930s that symbolize the National Recovery Administration looks awfully familiar to the symbol the Nazi portrayed with the eagle. I wonder who came up with that logo, US or Nazi Germnay.

 

[sealybobo]

The problem is not that toyota pays less. It's that American carmakers make cars that aren't worth buying and MANAGEMENT sat around on their over-compensated, mismanaging butts and made more SUV's when people wanted to buy energy efficient smaller cars that actualy don't rattle when you drive them.

1. Ford & GM trucks rule.

2. Until gas went up to $4, people wanted trucks. I bet people want them again now that gas went down to $2 again.

3. I think the perception that American cars aren't worth buying is outdated. It may have been true but it's not necessarily true anymore. If it is true and the Big 3 do something to make a better car, are you going to give them a chance?

4. We can't beat foreign/non union companies on price, so I say tariff any imports. Unless of course that country lets us send cars in to them, which usually they don't. In other words, trade is not fair for America and I believe American corporations don't care because they are profitting from it. Only us American workers are getting the shaft.

5. The other things you said I agree with.

 

[sealybobo]

read the article. don't just regurgitate the FDR savior shit you learned in school.

FDRs "plan was the reason the depression lasted as long as it did.

How do you feel about Reagan? And please don't just regurgitate the Reagan savior shit you learned on Fox news.

 

[WillowTree]

1. Ford & GM trucks rule.

2. Until gas went up to $4, people wanted trucks. I bet people want them again now that gas went down to $2 again.

3. I think the perception that American cars aren't worth buying is outdated. It may have been true but it's not necessarily true anymore. If it is true and the Big 3 do something to make a better car, are you going to give them a chance?

4. We can't beat foreign/non union companies on price, so I say tariff any imports. Unless of course that country lets us send cars in to them, which usually they don't. In other words, trade is not fair for America and I believe American corporations don't care because they are profitting from it. Only us American workers are getting the shaft.

5. The other things you said I agree with.

You are just like the guy you voted for, you want to punish the successful!

 

[Skull Pilot]

How do you feel about Reagan? And please don't just regurgitate the Reagan savior shit you learned on Fox news.

why do you assume i am a Reagan fan?

i don't ever remember even mentioning him in anything i have ever posted.

 

[Skull Pilot]

1. Ford & GM trucks rule.

2. Until gas went up to $4, people wanted trucks. I bet people want them again now that gas went down to $2 again.

3. I think the perception that American cars aren't worth buying is outdated. It may have been true but it's not necessarily true anymore. If it is true and the Big 3 do something to make a better car, are you going to give them a chance?

4. We can't beat foreign/non union companies on price, so I say tariff any imports. Unless of course that country lets us send cars in to them, which usually they don't. In other words, trade is not fair for America and I believe American corporations don't care because they are profitting from it. Only us American workers are getting the shaft.

5. The other things you said I agree with.

How many chances do they get?

The Corner on National Review Online



these guys cannot run their businesses but let's give then MORE money to lose.

Yeah great idea. NOT

 

[Vel]

1. Ford & GM trucks rule.

2. Until gas went up to $4, people wanted trucks. I bet people want them again now that gas went down to $2 again.

3. I think the perception that American cars aren't worth buying is outdated. It may have been true but it's not necessarily true anymore. If it is true and the Big 3 do something to make a better car, are you going to give them a chance?

4. We can't beat foreign/non union companies on price, so I say tariff any imports. Unless of course that country lets us send cars in to them, which usually they don't. In other words, trade is not fair for America and I believe American corporations don't care because they are profitting from it. Only us American workers are getting the shaft.

5. The other things you said I agree with.

If GM is SO broke that they need a government bailout, would their lack of funds have anything to do with the 300 million dollar plant they opened in Russia last week? And how about those Ford plants that have moved to Mexico? Do they need in infusion of U.S. Taxpayer money too?

 

[DavidS]

ABC News had video of exchange between a member of the House banking committee and he asked all three CEO's if they'd be willing to cut their salaries.

Chrysler CEO said he'd be willing to work for $1 a year.
GM CEO said he's already taken a 50% pay cut and would cut his new salary an additional pay cut. He earned $3.1 million last year, so he'd be willing to make $750,000 this year.

Here's the kicker.

Ford CEO Alan Mulally said "I'm okay where I am."

He made over $9 million last year.

And the number of protests there were today about the possibility of a bailout of the big 3? Zero. People care more about what wars we start in the middle east than millionaire CEO's being even more greedy.

 

[Care4all]

the big three negotiated lower salaries for their employees already....by 2010 uaw employees will be comparable to the foreign automakers manufacturing here in America with their compensation, is what i heard tonight....so this makes me think the republican PUSH to put them in to Chapter 11 is solely to BREAK the union, PERIOD.

i had no idea the UAWs had already given up concessions a year or two ago to become affective 2010.....so to make these companies stronger and not overburdened with their compensation.... then i hear the UAWs had not had a raise in 4 years too....haven't confirmed that yet, but if true....then THE WORKERS aren't even a PART of this problem...

the banking crisis could be the problem, they can't make it thru this recession without a loan, and the banks won't loan it....not to them and not to anyone, they are using the bailout money to BUY OUT smaller banks, making them even BIGGER, and ''too BIG to fail'' in the future if they mess up again so expect another bailout for them AGAIN, in 20 years, with their NEXT scam....we bailed them out in 1987/88 in the ''savings and loan'' crisis.....and now, they are NOT USING THE BAILOUT MONEY to ease credit on main street....for mainstreet, as in the BIG 3.... imo!

man oh man, THANK GOD, I am a woman and can get away with this flip flopping!!! hahahahaha! after all, as a woman, i have the perogative to change my mind!!!!!

so, i am back to loaning them the money....from the bailout money!!! with all those requirements that Navy mentioned a few posts up!!!



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