More bail outs?????

[one love]

car industries are now reporting record losses and are asking for government help

GM is now having a record low and is asking for a bailout....

Ford also reporting record lows but says it does not want any assistance at this point...that should drive people to buy from them in my opinion...

But I am aggravated that I have a F-150 that is barely a year old that goes through so much gas and as soon as the gas crisis hits they now come out with a truck with more power that gets 21 MPG why wait until now


http://www.bloomberg.com/apps/news?pid= ... =worldwide

found a article on it but the news may have been wrong ford may be included....when will this end.. how many more companies are going to demand the same thing

[Brenda]

The government might as well help; they help everyone else.
We need to get this country back to working so that people can buy.

With the big 3 hurting it causes a domino effect. It hurts thousands of other workers who are in these little shops making the parts so the big three can build.

M.O.

[jinjer]

You haven't seen the half of it.

Jinjer

[Tim Elston]

The government might as well help; they help everyone else.
We need to get this country back to working so that people can buy.

With the big 3 hurting it causes a domino effect. It hurts thousands of other workers who are in these little shops making the parts so the big three can build.

M.O.

I feel your pain there in Michigan, Brenda. You guys are hurting...big time. I don't support a government bailout of the auto industry, because those American car companies have demonstrated that they don't have the leadership to compete (and because I don't believe in government bailouts of private industry). But I do support the efforts of your political leaders to diversify your economy and rebuild on something successful. I'm rooting for you. I'm so sorry for the hardships there.

[jinjer]

I understand what you are saying Tim. I too, am pulling for MI, and feel conflicted about the right thing to do. However, the car industry is similar to the International Harvester debacle of the 60s and ultimate end in the '79 - '80. I had family that worked there and felt the President and the gov't should or would save them. But, you can't throw good money after bad business sense. Had IH ran their business much more efficient they would not have become cash strapped and the UAW strike would not have been so devastating. They were practicing bad business and then a bad economy finished them off.

I also want to say, I have family working for GM and they have for generations. I now what it would mean for them to lose their job. I also know what it has meant for them to be a UAW worker.

Jinjer

[Paully_44]

But I am aggravated that I have a F-150 that is barely a year old that goes through so much gas and as soon as the gas crisis hits they now come out with a truck with more power that gets 21 MPG why wait until now

Does it really get that, or is that what they are now advertising just to sell their product?