The automotive bailout Options

[playr158]

This post has been edited by playr158: Dec 9, 2008 - 2:21 PM

[Supersprynt]

The only reason the bailout will happen is to save people's jobs.

I'm hoping this will start a revolution in the American auto industry. They need to take a look at their model and totally revamp it. It's obviously flawed. Making multiple versions of the same car (Cavalier/Sunfire, Plymouth Neon/Dodge Neon WTF?!) is starting to get ridiculous.

They're also selling off their other brands... back to basics.

This post has been edited by Supersprynt: Dec 9, 2008 - 2:17 PM

[RUNNIN-LOW]

your right they are going to bail these guys out just cause, man your going to see like hundred of thousand of people laid off and have nothing better to do but drink.....

[RickJamesBish]

That's a decent point Super, but they've killed off multiple models already...it is a good way for them to make money without making any new models though.

[97lestyousay]

I am against it, I am sorry for the workers but if my boss pads his pocket
and makes dumb decisions, the company goes under. Thats life, make a profit
or fail.

[Supersprynt]

They need to hire some Japanese consultants.

[richee3]

I think the bailout is ridiculous. Granted, I don't want anyone losing their jobs, because I know I would never want anything to cost me my job and if I was on the verge of getting laid off and the government offered to step in and save my job, I wouldn't be complaining. But it's exactly as lestyousay said, it's make a profit or fail. GM, Chrysler, and Ford have all failed. I really do wish they'd make a better product, but they haven't. Obviously they have the potential to make a great car, and they used to do it. With different people in control of those companies, I believe they could make a strong comeback. They have the capability to make a reliable motor, they just don't want to do it.

Griffgirl put it perfectly. I only got $34 in financial aid for school this year when one year of college costs more than what my family made. The government can't give me any money to go to school, but they can cough up an exorbitant amount to bail these companies out because some morons can't figure out the right way to make money.

[njccmd2002]

they need to invent better cars, it will take eons...

[GriffGirl]

I am against it, I am sorry for the workers but if my boss pads his pocket
and makes dumb decisions, the company goes under. Thats life, make a profit
or fail.

I'm totally against it too - it's a no win situation I think. Without the bailout hundreds and thousands of people would lose their jobs. That's bad times for the economy as a whole, not to mention how it affects those people personally.

I'm not anti-union. Well, actually, I sort of am. I understand the benefits of having a union to ensure a safe and fair work environment. But some of the people working for the US automakers are making BANK as janitors, for example. What is BANK, you might ask? How about $52,000 a year plus benefits. That's the starting salary of a UAW janitor. http://www.uaw.org/contracts/03/gm/gm02.cfm

I'm all for people making an honest living, and maybe I'm a socialist this way but I don't personally value one person over another by skill set. But this is ridiculous. $52k a year to mop the damn floor? This isn't a skilled trade! It's Labor Union BS, and it's costing people who have nothing to do with Detroit their jobs. Because US automakers are spending BILLIONS of dollars on wages and salaries that really don't warrant such a high salary, they can't make a damn car that's worth owning (a broad generalization). Money that could otherwise be spent on R&D, or just fcuking QUALITY CONTROL. Money that should've been spent LONG AGO on whatever is in their current "plan" on how to spend OUR TAX MONEY.

I think the CEOs, if they're really committed to saving their businesses, should stop accepting salaries at all. Work the numbers and figure out how many of those asshats it takes to equal 25 billion dollars over say 5 years, and stop drawing a salary. And stop showing up in private jets to beg for money from congress. Fcuktards.

[bseaman_5]

Richee that is an excelent point.. It's sad to see where our government is and what their priorities are..

[96bluevert]

If the domestic auto market can't start producing some good cars, this whole bailout will be for nothing. It would be nice to see these companies come back and better than they are doing now, but I don't know that'll happen.

[richee3]

Now that my little rant is over, that picture WAS pretty funny

[GriffGirl]

Now that my little rant is over, that picture WAS pretty funny

x2!

[x_itchy_b_x]

we need to break the Unions, just my stance.

[richee3]

we need to break the Unions, just my stance.

You and Griffgirl got that right!

[jesterwr217]

I am against it, I am sorry for the workers but if my boss pads his pocket
and makes dumb decisions, the company goes under. Thats life, make a profit
or fail.

x2
IF YOU WANT TO BOOST THE ECONOMY TAKE ALL THAT BAILOUT MONEY AND DISTRIBUTE IT EQUALLY TO EVERYONE IN AMERICA AND LET THE CITIZENS PAY OFF THOSE LOANS THEY GOT THAT THEY CANT AFFORD AND STIMULATE THE ECONOMY.
IF YOU TAKE THE 800 BILLION (WHAT I KNOW THEYVE SPENT SO FAR) AND DIVIDE THE AMOUNT OF PEOPLE IN THE US (ROUGHLY 302 MILLION) (INCLUDING PEOPLE UNDER THE AGE OF 18 INCLUDING INAFANTS) THAT MEANS EVERYONE GETS ROUGHLY 2800
SO IF YOU ARE MARRIED WITH TWO KIDS YOUR HOUSEHOLD WOULD GET 11,200
I THINK THAT WOULD HELP OUT ALOT

This post has been edited by jesterwr217: Dec 9, 2008 - 9:21 PM

[richee3]

^^^ But of course, in the government's eyes, that will never work. They'd much rather spend that money bailing out the Big Three, which won't really do anything at all unless the companies undergo a complete overhaul. And they won't. They'll just take the money and keep building the same products.

Personally, I think I could use $2,800 and not drive a Pontiac Solstice (which I know to be slower than my Celica.)

[playr158]

well if you work for the big 3...you are dumb if you aren't looking for another job.

If you need a union to keep you employed, then you need to learn and develop the skills required to keep yourself employed.

go ahead and give the big three money...they will still fail and the people will still lose their jobs it will just be delayed by a short period of time.

involving government in private business is also completely against what this country was built on but oh well.


don't worry we are America we can sooo go against the grain in the overall way that economics works and prove that what you learn in school is BS. *sarcasm*

i'm sorry to see people lose there jobs, but that is how businesses work. If they are failing let them fail, its the only way to make things functional faster,

[TRD_Ian]

she is all going to hell, i live in canada and our economy is gonna **** the bed just the same........iv started stocking up on liqur and ammo, my plan is when she hits the fan is to move home to the country cause my family can pretty much live off the land, sadly i dont see us coming out of this, the gov fcuked up and now "we" have to suffer, let the companies fall or down size till they are almost no more....no sence in a bail out when the economy is sh*ting the bed and ppl can't afford to buy cars any way's, waste of alot of money to just put it off on tha back burner, they bail them out then down the line sales are still down because every thing else still cost's an arm and a leg ppl still wont be buying there junk so whats the sence, give it back to the ppl because they need it more, no offence to any one but there is no reason why some one should be making 52 g a year for pushing a broom, reward ppl who go to school and take trades with money like that, just my 2 cents

[CAMAricer]

Does anyone else realize where all this "bailout money" is coming from? A trillion dollars doesn't just come out of thin air! Needless to say, we are all going to be screwed up the a-hole when we retire.