|
|||||||
| Notices |
 Hi there! Welcome to the RINF Forums. Create your account here |
 |
|
|
Thread Tools | Rate Thread | Display Modes |
|
#1
11-19-2008, 12:19 AM
|
|||
|
|||
Stop The Automakers Bailout!!!
Since the 1970s, Detroit's Big Three auto makers have failed to keep
up in the competitive auto industry. High labor costs and inflexible work rules, as well as a failure to overcome negative consumer sentiments have combined to bring the Detroit-based auto manufacturers to their knees. Now they are begging the federal government for a bailout to the tune of $75 billion! Take Action Now and send a message to Congress and the president that taxpayers should not have to pay for decades of bad business decisions by the Big Three auto makers. Ten years ago the Big Three posted a combined profit of over $16 billion dollars. But management failed to wisely invest these profits. The Big Three are heavily weighed down by irresponsible labor costs. The problem in the auto industry is caused by unrealistic union contracts written decades ago. These contracts did not give the industry the flexibility it needed to respond to market changes and burdened the industry with legacy costs. But if Speaker Pelosi and Senator Reid have their way, the taxpayers are going to get stuck with the costs of Big Labor's demands! General Motors is leading the call for the $75 billion taxpayer bailout, speeding up the $25 billion loan program to develop fuel-efficient vehicles, $25 billion in general support to keep the companies operating, and $25 billion to bailout promises to union benefits. A GM-funded grassroots campaign is even threatening us with blackmail. They are saying, "We can loose $25 billion now, or lose $156 billion later." They want to make their problems our problems. They claim "domestic auto production would fall to zero" -- as if suppliers and other profitable manufacturers would not adjust. It is time to draw the line in the sand when it comes to federal bailouts. So far, the forgotten man, the middle class U.S. taxpayer, has had to bail out Wall Street, AIG, Fannie Mae and Freddie Mac. We are sick and tired of having to pay for the recklessness of others, and we are not going to take it any more. Take Action Now and let the politicians know how you feel about this latest government bailout. The Senate vote is likely this week and if we speak loudly with one voice on this issue, perhaps we can put an end to the madness. Thanks for your continued support for lower taxes, less government and more freedom. Sincerely, Dick Armey Chairman FreedomWorks.org 
|
| sponsor links |
|
#2
11-19-2008, 02:53 AM
|
|||
|
|||
|
Maybe someone should forward Congress a copy of the Bailout Analogy Guide before it's too late.
|
|
#4
11-20-2008, 04:03 AM
|
|||
|
|||
Bailout!
My husband and I run a small business... times are hard... ARE you going to BAIL US OUT... I could pay my husband $1M a year... and we would go under tomorrow... BUT how great is AMERICA??? we just call BUSH... and you give us money... I THINK NOT??? THat is what is happening... Sorry I could not make the meeting... MY PRIVATE JET WAS IN USE!
ANGRY AMERICAN
|
|
#5
11-20-2008, 04:11 AM
|
||||
|
||||
|
Quote:
|
|
#6
11-22-2008, 04:13 AM
|
|||
|
|||
|
let them all go belly up
This is my opinion only but it might be somthing to concider. If the Auto Makers still want make car and trucks without losing any of their precious assets, then go bankroupt and get rid of the Union Labor at their high labor rate, merge together and build one car and one truck, compact, mid size, and one full size model, and two sport vehicles. Name the company AMA, American Made Automobiles. Concentrate on better fuel mileage and make all engine sensors interchangable. Make one 4cyl, one 6cyl and one V8 to lower the cost of production. Cut out all the fringe and bling and let the customer install that if they want it. Lets get back to the basics of quality and not quantity. That is if they want to stay in bussiness and not care so much about put it to the consumer after all if they can give a $7500.00 or more rebate on vehicles, then they can afford to take a little loss.
|
|
#9
11-22-2008, 04:45 AM
|
|||
|
|||
|
Like Your Post
Quote:
|
|
#10
11-22-2008, 03:39 PM
|
||||
|
||||
|
sleepyd
Guest Has the right idea, there is no longer room for three companies, let them go under merge ford and chevy and chrysler, and let them compete in the world markets.
|
|
| Bookmarks |
«
Previous Thread
|
Next Thread
»
| Thread Tools | |
| Display Modes | Rate This Thread |
Linear Mode
|
|
All times are GMT. The time now is 08:02 PM.