rumor is that a bailout package for detroit is coming monday
waste of money
rumor is that a bailout package for detroit is coming monday
waste of money
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[img]http://4.bp.blogspot.com/_6s6CdLQRCP0/SREpSZXb99I/AAAAAAAAATU/3O3G-P2Jqkc/s400/tombstone.jpg[/img]
Agreed it's a waste, but I knew it was coming - too many union sympathisizers in congress.
Agreed it's a waste, but I knew it was coming - too many union sympathisizers in congress.
they shouldnt be bailed out......they should be run over and left for dead
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[img]http://4.bp.blogspot.com/_6s6CdLQRCP0/SREpSZXb99I/AAAAAAAAATU/3O3G-P2Jqkc/s400/tombstone.jpg[/img]
$15b
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<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: PlaxicosThigh</div><div class="ubbcode-body">they shouldnt be bailed out......they should be run over and left for dead </div></div>
Nobody should be bailed out. In fact it bothers me more that they are bailing out some the countries biggest banks. Welfare for the super rich is all this is.
[img]http://www.lutte-wrestling.com/old-train2.jpg[/img]
No one should have ever been "bailed out" to begin with, but if your going to bail out the banks you might as well bail out the automakers. America has to make SOMETHING, we can't afford to lose all of those jobs. Times will get bad, for everyone if that happens. Possibly the perfect storm that could bring our country to it's knees. So you have to act, you have to do something. A way you do this however is too make sure it pays off in the long run, a certain amount of this money needs to be used to ensure that MPG goes way up on all vehicles. Yeah oil is at 40 dollars a barrel and dropping, though when things are good again economically...what will happen is that OIL will skyrocket again if we don't take the necessary steps to lessen our dependence on it. If we don't and OIL climbs up to certain levels again, not only can it help lead us to another recession, but it also strengthens countries that don't like us such as Russia and Iran who's budgets depend on oil to trade at a certain amount.
I don't like the term bail out, I like to say that we are investing in our economy, in our banking system and in our industries. That's exactly what this should be, an investment. If our government has to loan money to help them from going under..then they should get paid back with interest IMO. $800B, whats another $30 billion? [img]/LDPforum/ubbthreads/images/%%GRAEMLIN_URL%%/grin.gif[/img]
Damn the unions!
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