Author Topic: Are you in favor of the auto bailout?  (Read 4142 times)

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Offline Ptarmigan

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Re: Are you in favor of the auto bailout?
« Reply #25 on: December 13, 2008, 06:43:43 PM »
Let'em all crash to the ground. Besides the bailout money will just go to the executives, like what is going on with the banks. The bailout will not benefit the company anyways and they will go bankrupt. The auto industry needs change.
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Offline Wretched Excess

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Re: Are you in favor of the auto bailout?
« Reply #26 on: December 13, 2008, 07:03:30 PM »
Let'em all crash to the ground. Besides the bailout money will just go to the executives, like what is going on with the banks. The bailout will not benefit the company anyways and they will go bankrupt. The auto industry needs change.

they must invest in rabbits somehow.

Offline thundley4

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Re: Are you in favor of the auto bailout?
« Reply #27 on: December 13, 2008, 07:36:33 PM »
An interesting read about non-union auto plants in the south.
Link
Quote
West Point, Georgia
Drew Ferguson IV is a 42-year-old dentist whose family has lived in this town, population 3,300, "since God put us here." To be precise, the family arrived eight generations ago. Ferguson went off to the University of Georgia, then on to dental school, after which he came back to West Point. He and his wife, whom he met in college, have four kids. A year ago, Ferguson was elected mayor. "There's a reason I live in West Point," he says. "I love it. There's a sense of place here." No doubt, but West Point is located in what might also be considered the middle of nowhere. It's pinched between I-85 and the Alabama border. Atlanta is a good hour's drive away.

West Point today isn't the same town Ferguson grew up in. Textile company executives used to live here. But when the textile industry collapsed in the 1980s, the victim of foreign competition, they moved away. Thousands of jobs were lost. A few small technology firms took up some of the slack. But the high-tech bust of the late 1990s proved to be another job killer. "We survived without a federal bailout," Ferguson says sarcastically. Now, while much of America wallows in the gloom of a recession, there's great joy in West Point. "West Point will have more economic growth in the next 24 months than anywhere else in the country," Ferguson boasts. And he may be right.

Offline Ptarmigan

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Re: Are you in favor of the auto bailout?
« Reply #28 on: December 13, 2008, 08:40:26 PM »
they must invest in rabbits somehow.

The rabbits caused the economy crash. This whole world has backslidden to bunnies. We have given in into them.
Never interrupt your enemy when he is making a mistake.
-Napoleon Bonaparte

Allow enemies their space to hate; they will destroy themselves in the process.
-Lisa Du

Offline rich_t

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Re: Are you in favor of the auto bailout?
« Reply #29 on: December 13, 2008, 11:38:53 PM »
I voted hell no, for reasons that I think I have made pretty clear on other threads here.
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944