http://www.kansascity.com/105/story/1070222.html
The handwriting was on the wall that these companies are dinosaurs, sadly.
Why was money thrown away on GM? What course of action would you have recommended?
This mess is sad. We've thrown a life preserver the size of pea to a sinking ship the size of the Titanic. Now the money will be gone, wasted. It's your tax dollars.
How would you have spent the money, if you would have spent it at all?
Are you going to stand for this kind of faulty decision making that is sinking our economy even further? Things were bad enough before BO took office and so far his decisions have been utter failures from these massive bailouts all the way to tax cheats in cabinet posts.
We have to put it to a stop to this massive spending spree before our entire country is bankrupt, just like GM will be.
What can we all do?
What do you think? What would you have done with the auto companies? Can any of our tax dollars be saved?
Yes, the economy is bad, and people are not buying cars. This is the major problem.
It is sad what the elite rich democrats done to the industry.
DTG
People are given the illusion that they have a choice when in fact they don't. Republicans and Democrats have been bought out by the elite corporations that want a New World Order. "No matter who you vote for you always vote for us"-Joseph Stalin
Yes. Tax dollars should not be used to prop up failed businesses.
sadly the attention to the crisis that started last year was luke warm at best. the first tarp was managed very incompetently with the wrong people tasked with the job. on top of that no accountability and a 'we must do something' attitude. the auto companies are indeed dinosaurs that started with management letting the unions dictate how the companies should be run. unfortunately for them their only recourse now is to go belly up and start over and let the chips fall where they may. we will not see a dime back of the money that has been given to them. our only recourse is to constantly blitz our elected officials with letters, e/m's, phone calls and the like. if they listen, then i suppose we can vote them back in. if they don't listen, we have to vote them out pure and simple. this process takes a long time but if the american people would start voting with their heads instead of their feelings then and only then will the powers that be get the picture. let's all remember, they work for us, not the other way around. one thing that needs to be stopped in it's tracks right now is the card check bill that may pass, this will give the unions a near slam dunk on ruining this country. we can sign a petition at http://www.americansolutions.com/Actioncenter/Petitions/Default.aspx?guid=87f7f73f-48bc-44c9-965b-e86805571adf to put a stop to the takeover of our country by the unions. take a look at the site also for a 12 point plan that can get this country back on it's feet if it were implemented today!!
here's some more on the above i found on the number of jobs lost possibly
http://www.breitbart.com/article.php?id=prnw.20090305.DC79700&show_article=1&catnum=3
This is very sad news indeed. Yes the government did.
Why couldn't all the companies that support one another work these problems out together. Cars need steel, steel factories need the car makers. Farmers need the food Industries, the food Industries need the farmers. Unite! while these huge companies continue to compete with one another in price gouging each other, they are destroying the small Business owners to nonexistence. Get rid of those stupid "Pay to be protected" Insurance companies. Put the control back into the Peoples hands.
We have unions that have their hands in the workers and the companies pockets, we have the governments hands in the workers and the companies pockets, and we have the Insurance companies in the workers and the companies pockets.
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