Look I hate handing out money to these banks and corporations that messed up and fell on their faces. The CEOs and big shots that ran them into the ground can starve for all I care. Greed and shortsightedness led them astray.

The problem is there are workers, families and towns invested in these companies. If GM had failed, who would have bought them up? No one wanted Saturn and Hummer in the end. The rest would likely collapse as well.

That leads to the loss of jobs that do not come back. At least not as good of jobs.

I hear the ideas of eliminating safety nets like unemployment and it bothers me. No one would sit home and make $300 a week if they can work and make a $1000 a week. At 10% unemployment, it isn't laziness, rather there are few jobs.

The GOP only care about the richest 2% of people. Do you really think that raising taxes on them will drive them to do nothing. If they are smart they would do anything to make a buck. If developing new jobs leads to profit, why wouldn't they do it. Keeping 60 cents of profit on the dollar is better than 0 cents on the dollar for nothing.

Plus anyone that would follow Palin, Beck or Rush is very disturbed. These people play their audience as fools and they follow them like puppies.

 

There is no such thing as to big to die, yes it would have hurt to loose the jobs that GM provided. However if they would have went under someone would have bought the worthwhile parts of the company and started them back up without unions and made a better product for a lot less, therefor making a nice profit and probably then putting Ford out because they couldn't compete with a non union private company and ford would have gone through the same thing. There was ZERO need to spend our money on a private company without our permission, in fact against our wishes.


And K-mac if you think there aren't people that would rather sit on their *** for 300$ a week rather than work to make a 1000$ you are extremely naive. The large majority of people in this category are also drawing food stamps and any other assistance they can think of, plus they usually have us paying for a kid or 5.

 

K-Mac in a nutshell:

When something bad happens in the world, it's the fault of the USA.

When something bad happens in the USA, it's the fault of the Republicans.

If someone is poor, it is the fault of a rich person.

Productive people are greedy.

If government can ease any suffering and enforce fairness and justice, then bigger government is better.

 

Birddog,

So if the jobs at GM go to a non-union company paying $9 an hour then they will likely have no disposable income and our economy suffers. We make little here and are a service economy. If we can't buy services then we all go under.

Sure there are lazy people that will work the system but most employers have dozens of applications for every 1 job. Overall most people want to work and make a good living.

 

Actually, the Federal Reserve was purchasing securities which inflated the stock market. Similar to the expansion of credit we saw in the early 2000's. Then the Fed dumped these securites just prior to the crash in Oct. 1929.

The gov't has always created the moral hazard.

 

If you are going to blame the government for the stock market crash then you have to look at the Republicans. Hoover was in the driver's seat then.

It took FDR and his stimulus to ease unemployment...still very high even with his help and the war effort to bring us out of the depression.

 

From what I have read the average hourly wage for a non union auto worker is 48$ an hour. If you are making 48$ an hour and have no disposable income you need to live smaller. You pay someone to do a job based on what that job is worth, no auto worker is worth more than 50$ an hour, and the union boys that are making way over that (around 70 with benefits) are screwing all of us as well as the company they are extorting.

 

The average UAW worker for the Big 3 aren't making that $70/hr figure either. Remember just because it is reported on Fox News doesn't mean it isn't subject to spin. Hourly the UAW workers make about $28/hr and the foreign plants pay about $25/hr.

Where costs start to add up is that $70/hr figure includes benefits (including those received by retirees). The Toyotas of the world haven't had plants here in the US as long as the Big 3 so they haven't had near the number of retirees to drag them down.

Yes, the unions got big benefits that many would love to have. There was a time that they were making money hand over fist and the unions took their share. Can you blame them? You want what the market bears, right? Most guys starting out make $14/hr or so...hardly what their dad made there.

http://www.cbsnews.com/stories/2008/...n4630103.shtml

 

I put with benefits in my post because that is what is payed out on average per person total, hell starting off at 14$ an hour is good money. I started off at 8.25 doing my current job, I only make 10$ an hour now after 4 years and several promotions. I don't get a big retirement like the auto workers, I have to put up my own and my company matches 3%. I don't get health care either like the auto workers. Averaging 28$ an hour without counting benefits, like retirement and health care is extremely good money for the low skill job that is being done, and is actually over paying for the job. Personally I think it should be down around a 18$ average before benefits.

 

here's how you fix America.

1st. we need a mad scientist or witch doctor (which is ever available).
2nd. we need the corpse of thomas jefferson, a motorcycle and some sort of B.A. weapon (like a mace).
3rd. we need mad scientist/crazy witch doctor to reanimate thom's corpse and bring him back to life.
4th. we take him to D.C. and set him free.

P.S. i'll take Obama over Palin any day. she's so stupid.

 

I really wish all of the Republicans would read a book called The Jungle from Upton Sinclair. This was written in 1906 before any government safety nets were in place. Companies paid people pennies and worked them to death. People were nothing more than pawns who were cast aside when they were no longer usable.

This is where the Republicans want to turn us back to. The sad part is that most of the people calling for roll back to those times are the ones that need the safety net the most. They aren't the wealthy business leader but rather the common man.

Birddog...I don't know what you do but I sense you are under paid if you only make $10 without benefits. Nonetheless, autoworkers aren't unskilled people. They need to go through quite a bit of training and it is hard physical work.

Dave...no the world's plight is not because of the USA...nor are we responsible to make the world perfect. We would be better served to stay out of the world's business. The problems of the USA aren't all the Republican's fault but they have a destination in mind that is not good for most Americans. See The Jungle. The rich don't have to hang their head because of wealth. However, the wealthy don't have the right to turn the poor into slaves either. It isn't about fairness but without regulation people will do things that are immoral and unethical to those without a voice.

 

You have absolutely no understanding of what Republicans want. You should not make such broad, outlandish statements. It's an indictment against anything else you have to say and makes it all suspect as to beleivability.

I'm not even Repblican and it offends me.

 

Forgive him, it's the left talking.

 

If you listen to what Rush, Palin, Gingrich, and Beck are preaching. If this isn't what the Republicans are about then they need to take back their party.

 

Other than listening to Palin a couple of times during the campaign, I have never listened to any of those people.

I'm very confident that they don't speak for the majority of Repulicans.