Avoidable Contact #21: Oppose the “bailout”? You’re a moron.

Stopped reading halfway through as it is way too inflammatory and just starts to sound like a pointless rant.

He may have had a point in there, but it was lost in his anger and expletives.

The good thing is that this is a country where a person can write an article about anything they want and we can choose to ignore if we wish. But, are we starting to go to a nationalized economy where govt is now running banking and insurance industries as well as on the verge of running our most sacred of industries, the auto industry? For all pratical purposes, the medical industry has been nationalized. Are we moving away from a free market society?

I'm sorry, but the two together just don't work.. .you really can't have it both ways.

I could write an equally long and emotional response to this guy, but why do that when a simple "FU!" sums up my response so well.

I don't know, the headline should probably read:

Avoidable Contact #21: Oppose the “bailout”? You’re not a United Auto Worker.

Tom Friedman said something like this: Bailing out Detroit is like a beggar showing up on your steps threatening to die on your porch if you don't give him money.

There's just no proof that the money going to Detroit wouldn't just dig them into an even deeper hole.

Money doesn't make things better; LEADERSHIP and proper action does.

Nice rant, but not very illuminating. Same old tired excuses for Detroit's failure to effectively manage its product lines to meet consumer's changing tastes.

If you don't have what people want when they want it, they will go elsewhere to get it. Its that simple.

Now, quite honestly, I am for the bailout and support helping the Big 3 to get back on their feet, but they have got to change their way of doing business and I can't see that happening without firing the top 20% of each company.

The UAW is not the enemy here, its the management, the engineers, and the product planners. Those are the peopole who decide what vehicles will be made and when they will be made and they have failed miserably.

I stopped reading and started laughing when I read "Neon race car"

There is no rational reason to expect that a handout (lets not call it a bailout unless it solves a problem, ok?) will solve any of the Big 3's issues, or cause their products to be more competitive, or not reward their business incompetence. The best argument for the handout is that it keeps people "employed", in the same sense that welfare keeps people employed, while we delay fixing the systemic problems with the American side of the industry and pile up more future costs.

America is slowly making the decision to transition from a free market based economy to a socialism based economy, and this is just one step. If our idiotic leaders decide to approve this handout (which looks inevitable like all the other recent handouts), they should dispense with the pretense that they will somehow magically be functional, profitable businesses again in the future, and just nationalize them outright. At least then there would be less deception about what's going on.

History inevitably repeats itself and is cyclical in nature.

We will need to let the Recession or Depression run its course. Hiding it like the Bush administration did only makes things worse. Telling people to spend money, or should I say plastic is not the most prudent course to save the economy.

Over spending and over consumption along with relying on other countries to produce for us has led us into the tank.

Win Win trickle Up Economics.
The only way to save the economy and the big three is to help people afford a new American car by allowing them to deduct the entire purchase price from their income taxes, like the perk business owners get.

This will rapidly spur new car sales and help the big three without having to bail them out.

There are still many people poor people who drive old cars and need a new one. They just need a little help so they can swing it.

"There are still many people poor people who drive old cars and need a new one. They just need a little help so they can swing it."

Isn't this what got us into the mortgage crisis?

Last Quarter new Consumer Credit demand WENT DOWN! The "Sheople" are doing THE UNTHINKABLE...THEY'VE STOPPED SPENDING...More than just that...THEY ARE PAYING DOWN THEIR EXISTING CREDIT BALANCES.,,BE AFRAID! BE VERY AFRAID!!

This is called "Capitulation" When the "Sucker" finally walks away from the "3 card monty game" that the American Economy has become.

Don't Worry about LOANING Detroit any Money (don't get me wrong...I'm in favor of restructuring..maybe "Mothballing" is a better term) REAL Unemployment is around 14%+ and it's going above 25% before we hit the bottom...No Jobs=No Car Sales=More Lost Jobs= Utill all of us are willing to work for wages equal to MEXICO....And if you look at "Studies" coming out of the "Think Tanks" (like Brookings) it's all been planned to happen..You want to live in what will be a "1st world country" in 20 years? Move to Brazil