President Bush Shoots America the Finger

[nikimcbee]

Originally Posted by GoldenRivet

im personally opposed to the bailout.

We simply cannot socialize big business in America. The government shouldnt have the power to pick which companies fail and which succeed.

huzzah to that GR

They were saying on the radio that Toyota? and GMC? had sold the same amout of cars, one made a profit, one for a loss! Guess which is which . I think people are voting with their wallets. Personally, I'd blame the UAW.

[Zachstar]

I partially Blame UAW.

Mainly because they outright supported the move to big and expensive SUVs instead of cheap and effective electric cars. And now they are willingly being used as a shield by heartless greedy and technology destroying bastards at GM.

But to outright blame them means nothing. They will have power period. Thus you must go back to the source.

It is fine to keep paying them a ton of money if they are willing to retrain to build the next gen electric cars.

[Iceman]

I find it intresting that Ford elected after all not to partake of the "apple". I think if they can stay afloat maybe they're strategy is to buy up the other two failing companies somehow...monopoly....or if not maybe they are hoping they outright fail...which I think would end up being good for them as the last remaining big guy on the American block that may after all help them...I think some should fail as painful as that is, is'nt that what America is all about...opportunity...one mans failure will create opportunity for others here if they are smart....personally the UAW needs to dissapear as it has become a death weight about the neck of that industry....they must be able to compete with the foreign makers that have moved right on in the backyard.

[August]

Originally Posted by Zachstar

It is fine to keep paying them a ton of money if they are willing to retrain to build the next gen electric cars.

Bah, fire them all I say and train a new generation of auto workers. There are plenty of unemployed people who would jump at the chance to earn half the wages of an overpaid UAW dinosaur.

[Aramike]

I wonder if Obama's supporters know just how happy Obama is that Bush did this?

Obama wanted nothing to do with something so controversial early in his term.

[August]

Originally Posted by Aramike

I wonder if Obama's supporters know just how happy Obama is that Bush did this?

Obama wanted nothing to do with something so controversial early in his term.

I don't think he will be able to avoid it as he'll be doing the same thing come February with the other 4 billion mentioned in PD's link.

The whole thing is driven by the Democrats anyways...

[Aramike]

Originally Posted by August

I don't think he will be able to avoid it as he'll be doing the same thing come February with the other 4 billion mentioned in PD's link.

The whole thing is driven by the Democrats anyways...

Yeah, mostly I agree.

Democrats have essentially presided over the economic collapse as of late.

In fact, I believe they may have even lost seats in the Congress if Obama wasn't so wildly popular. People seem to have forgotten that Congress' approval is lower than Bush's.

[PeriscopeDepth]

Personally I don't believe Obama will be any more effective than Bush in solving our financial troubles. I don't blame this on the Dems, or the Republicans. I blame it on their hopelessly corrupt advisers. People like Paulson, Bernake, and Greenspan. I truly believe they should be put up against a wall and shot. They are all smart enough to understand what the possible effects of their "economic engineering" would be.

PD