Obama asked Bush to Bail Out the Auto Industry

[cat714]

I don't think Bush should do it because I think the Dims are looking for a "fall guy" in case that bailout goes south. I know this will disappoint OwlMBA :D, but I don't want anymore bailouts, especially for the three automakers. These companies are at the mercy of the unions so I say let them file Ch. 11 and restructure. The management and unions need to go.

[BadCat]

Of course Hussien wants this. He is up to his huge ears in owing favours to the labor unions for his coronation.

I say let them go broke, fuck the unions and the crappy products they make. The Japanese, German and Korean car companies are all profitable and building non-union cars in the south. If they can do it, the big three should be able to figure it out.

[LogansPapa]

Let them fall to Toyota? If that be the case - then let the banks and insurance giants do the same. 2.5 million direct jobs lost in the auto-industry and its vendors will lead to another 5 million in indirect job losses, pushing the nation into a depression.

[BadCat]

Let them fall to Toyota? If that be the case - then let the banks and insurance giants do the same. 2.5 million direct jobs lost in the auto-industry and its vendors will lead to another 5 million in indirect job losses, pushing the nation into a depression.

TFB. Let the union pukes get their gas and mortgage payments from your king.

[wilbur]

When will the bail outs end? Whats going to happen to the value of American business if we keep propping them up when they fail? This has got to stop.

[wiegenlied]

The dollars will be depressed in value. Inflation will be on its way.

[GrumpyOldLady]

Obama's trying to run the country and he isn't POTUS yet.
He's really chomping at the bit, isn't he? :rolleyes:

[wulfpaw]

Yeah, I thought he said 'there could be only one president at a time?' Hmm, maybe he said that with the same spirit of his 'I'm quitting smoking'http://img.villagephotos.com/p/2003-11/499980/shrug.gif