However,if the auto industry doesn't get the money they say 1)They'll have to file for bankruptcy, losing about 3 million jobs in the American economy and bringing the national unemployment rate to 10%, or 2)they may be bought out by a foreign country, particularly China that has shown interest in buying up these companies.

Although I was against the first 'bailout,' and I'd hate to do this one, I think the alternatives are worse.

I dont support it though. I think they need to let the market work on its own.

If they do put it through, they need to put some restrictions on the companies. Ditching some of their assets, CEO pay cuts, and in the auto industry, a higher standard for fuel economy.

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i can sorta understand the auto industry... but the banks shouldnt have gotten any bailout. it was their own fuckup! and because of them... the auto industry is failing. so the banks should bail them out

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AUTO INDUSTRY NEED TO FAIL OR THEY WILL NEVER CONVERT TO GREEN VEHICLES

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They slowly are but there are a lot of obstacles in the way.

I think it's good that they're being asked to provide a plan on how they'll become successful in order for a shot at the bailout. The fact is, there are too many jobs in the auto industry that will be affected if they go under.

Toyota and Honda aren't facing any troubles, Toyota is heavily unionized (I'm not sure about Honda or any other company) and they're profitable. Make a good product and people will buy it. Make shit after shit, and no one is going to purchase it.

The unions really fucked over the American auto industry as well. Workers are dumbed down, they do the same simple job over and over again and they refuse to move on to something else. It doesn't take a lot of work to bolt on the same thing over and over again. Plus, the human element of production means the product will not be as good as it can/should be. Because of the unions, though, they can't put in new technology to take the place of the worker.

...I'm against the bailout. Let them go into bankruptcy and work from there.

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Although I was against the first 'bailout,' and I'd hate to do this one, I think the alternatives are worse.

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This is not the 'first' bailout. The government has been bailing out corporations and industries for years.

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The waters are disturbed.
The waters are disturbed.
Some creature has been stirred.
The naiad queen Salmacis has been stirred.

And like hawkeye said the unions fucked the auto industry over. When the average wage is $75 an hour something is out of whack especially when all they are doing is pressing plastic parts onto a metal frame.

Post edited at 1:18 pm on Nov. 21, 2008 by i r sekz

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Design By Humans  

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And like hawkeye said the unions fucked the auto industry over. When the average wage is $75 an hour something is out of whack especially when all they are doing is pressing plastic parts onto a metal frame.

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Management was more at fault than the unions. The UAW had no say in what type of cars were being produced. GM was fucking pushing their Hummer division during the oil spike.

Idiotic leadership. Can the executives.

Post edited at 1:56 pm on Nov. 21, 2008 by GeneCosta

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Sell a man a fish, he eats for a day, teach a man
how to fish, you ruin a wonderful business opportunity. - Karl Marx

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It's ridiculous for the government to bail out an industry like that. The companies brought it on themselves, and it's time that they take responsibilities for their own actions.

Toyota and Honda aren't facing any troubles, Toyota is heavily unionized (I'm not sure about Honda or any other company) and they're profitable. Make a good product and people will buy it. Make shit after shit, and no one is going to purchase it.  

The unions really fucked over the American auto industry as well. Workers are dumbed down, they do the same simple job over and over again and they refuse to move on to something else. It doesn't take a lot of work to bolt on the same thing over and over again. Plus, the human element of production means the product will not be as good as it can/should be. Because of the unions, though, they can't put in new technology to take the place of the worker.

...I'm against the bailout. Let them go into bankruptcy and work from there.

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Quote: from hawkeye at 4:10 pm on Nov. 21, 2008

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It's ridiculous for the government to bail out an industry like that. The companies brought it on themselves, and it's time that they take responsibilities for their own actions.  

 Toyota and Honda aren't facing any troubles, Toyota is heavily unionized (I'm not sure about Honda or any other company) and they're profitable. Make a good product and people will buy it. Make shit after shit, and no one is going to purchase it.

 The unions really fucked over the American auto industry as well. Workers are dumbed down, they do the same simple job over and over again and they refuse to move on to something else. It doesn't take a lot of work to bolt on the same thing over and over again. Plus, the human element of production means the product will not be as good as it can/should be. Because of the unions, though, they can't put in new technology to take the place of the worker.  

 ...I'm against the bailout. Let them go into bankruptcy and work from there.

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Preventing workers from unionising and eastablishing better workplace conditions/better pay/benefits is dumbing down workers

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First off, unions don't, for the most part, do what they're supposed to. Especially in this example, they don't. Workers hardly ever establish better conditions, most just complain about their jobs but do what they're assigned to do and don't actually do anything to better the company, especially workers on a production line. It's not dumbing down workers at all, you can't dumb down what's already pretty dumb in the first place.

Though the higher-ups were also fucking around and had the wrong business plans. It was just fucked ever since the price of gasoline went up greatly and they did nothing to make the product more consumer-friendly.

During the first oil crisis, Toyota came through with flying colors, that's actually how they got to be so popular here. Their cars were more fuel efficient, and reliable. People started to realize this, and eventually all the American companies had to go off of was to put down people who were buying "foreign" cars.

...yeah.