The Bailout

[EWS]

The automakers pay more for various and diverse benefits for workers than the hourly wage would tell you. The benefits far outweigh anything the Japanese automakers pay - and that is the sticking point and what the automakers point to as raising the cost of business.

The way with Japan deals with benefits is way different that ours. Factories have their own little "towns" with hospitals and other services built for the laborers. Sort of like the town Henry Ford originally built.

[Frye]

check this out for a little perspective on the actual scale of the bailout money:

http://voltagecreative.com/blog/wp-c...ailout-pie.png

where's my piece of that pie?

greg

[Smurfette]

y'all call me liberal and communist, but i can't stand the bailouts that we gave the mortgage lending companies, let along the "big 3"


if they go under, its because they ignored the market and built cars no one wants to buy, and then priced them too high to buy anyway. good riddance.

These companies that are asking for the bailout did bad business. I shouldn't have to pay for some CEO that made millions a year when they and their company were making bad decisions. If I make a bad decision I pay for it not anyone else. I understand something has to be done so millions aren't laid off. But the money the government is giving these companies to save them should be payed back as the companies start making money. The CEO's that spend $400,000 on a vacation the day after the bailout is passed should not get a dime. It's obvious their greed is the reason the company is going down.

[Webb]

bringing back an old topic but I though this to be interesting, I'm sure you know Ford is the onyl one of the Big car companies that didn't take the bailout, They made this comercial but the government pulled it. What happend to free speech?

http://www.youtube.com/watch?v=Qg5eS...e_gdata_player