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Thread: Bailout of the Big 3

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  1. #1
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    Default Re: Bailout of the Big 3

    I am against bailouts to begin with, but if you bailout fucking banks and maggot insurance companies, you might as well bailout the people that actually worked for their money. Fuck all banks and insurance companies.

    I seriously think we need to kill all top level bankers. Fuck them, they built this time bomb, they detonated it, they profited from it all the way through. Fuck em......Kill em, then fuck em.

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    Default Re: Bailout of the Big 3

    In away I'm for it and in away I"m not.
    The reason I'm for it is because 1 in 10 jobs in the US have something to do with the Auto industry, it could be sales, manufacturering, parts, auto insurance and many more. If they don't get the bailout all those jobs are going to be lost and then this country is going to be in a world of shit, if it doesn't happed we are definitely headed for another great depression.

    Now on the other hand I'm against it because if all three go bankrupt, what this does is it will void all the contracts that these companies have with the Unions, and then both sides can come up with different contracts that fit both sides. Some of these Union guys are getting paid 85 to 100 dollars an hour compared to Toyota and Honda which there guys are doing the same exact job and getting paid much less somewhere in the range of 35 to 55 an hour.
    I also agree with Lyle in the fact that we don't need our government getting involved and telling the big three what kind of vehicles are going to be made.


    So in away I'm torn between the both views. I don't want to see our country go to shit but then again it might just be the best thing for the top three. I really don't know.

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    Default Re: Bailout of the Big 3

    Quote Originally Posted by Wadeb_21 View Post
    In away I'm for it and in away I"m not.
    The reason I'm for it is because 1 in 10 jobs in the US have something to do with the Auto industry, it could be sales, manufacturering, parts, auto insurance and many more. If they don't get the bailout all those jobs are going to be lost and then this country is going to be in a world of shit, if it doesn't happed we are definitely headed for another great depression.

    Now on the other hand I'm against it because if all three go bankrupt, what this does is it will void all the contracts that these companies have with the Unions, and then both sides can come up with different contracts that fit both sides. Some of these Union guys are getting paid 85 to 100 dollars an hour compared to Toyota and Honda which there guys are doing the same exact job and getting paid much less somewhere in the range of 35 to 55 an hour.
    I also agree with Lyle in the fact that we don't need our government getting involved and telling the big three what kind of vehicles are going to be made.


    So in away I'm torn between the both views. I don't want to see our country go to shit but then again it might just be the best thing for the top three. I really don't know.
    Wadeb, did you also know that if the big 3 go bankrupt that surveys have revealed that people won't buy cars from them? And also, the big 3 won't have to honor any retirement benefits and that the gov't would have to come in and do it? It is to your benefit that the auto loans happen because at least there's a good chance you could be putting your money to work for you as opposed to it just being tossed out the window.
    Oops

  4. #4
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    Default Re: Bailout of the Big 3

    Quote Originally Posted by Killface View Post
    Wadeb, did you also know that if the big 3 go bankrupt that surveys have revealed that people won't buy cars from them? And also, the big 3 won't have to honor any retirement benefits and that the gov't would have to come in and do it? It is to your benefit that the auto loans happen because at least there's a good chance you could be putting your money to work for you as opposed to it just being tossed out the window.
    #1 GM needs to restructure their business model...they have too many models which sell to virtually the same demographic

    #2 The retirement benefits will be paid for by the taxpayer BUT that's a smaller tab to run up than just throwing money at the car companies.

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    Default Re: Bailout of the Big 3

    Lyle that's called cannibalization.

    Plus GM products tend to be ugly. Plain and simple. Old men with no creativity design them.

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