the auto companies signed union contracts... but it's the union's fault...
but people who signed low price mortgages from banks... it's their fault for signing them?
is there any situation Republicans... where big business is at fault for anything?
and is there anything that you don't blame on the middle class?So, auto companies aren't to blame for their union contracts, but those who signed mortgages are to blame?
Yep, it's all a part of that selective personal responsibility thing that is so much a part of the Republican fabric. So, auto companies aren't to blame for their union contracts, but those who signed mortgages are to blame?
Again, it is the Republicans who are holding the Big Three accountable for their mistakes, and it is the Republicans who want to hold that management accountable for their decisions. Thus, for once they are finally the ones who are drawing a line on government spending.
Therefore, your analogy makes no sense. It is the Republicans who are saying that the auto companies are to blame, and they should be the ones to endure the consequences.
Those CEO's should be fired, they succumed to Union Extortion. Not to do so would have been the death of the companies because the Unions are basicly organized crime backed by the democrats, but the CEOs are supposed to look out for the good ... of the stock ... well maybe they did look out for the stock holders and they did the best they could against what should be illegal ... Extortion by Unions backed by those the Unions give all their members dues money to and back with their members almost threatening them to vote for democrats.
Union leaders and many democrats in Congress should go to jail under the Rico Act.
If a individual signs a loan he can't not afford to pay then it's his fault for signing that piece of paper. They should not receive a bailout for their ignorance.
Auto companies shouldn't receive a bailout since they didn't manage their money wisely either. However, since millions of jobs are at risk then it's best for the economy that these businesses don't go under otherwise you have people without jobs and without money to stimulate the economy.
Looks like you catching on!
It's the difference between white collar, and blue collar.
Those AIG executives having their lush retreats... It's because they were working so hard to make the bailout handouts work for them.
Looks as though they are allowed to get away with it too!
Banks made stupid risky loans, and banks deserve to fail for doing so! People who take out ARM mortgage loans aren't very smart, but banks also know that these toxic loans are destined to fail, and it was their idea, and their loan.
If the snake bites it's own tail, it deserves to die by it's own poison.
When the big three fail, it will affect everyone living in America.
It's crazy, isn't it.
The rich get richer and the poor get poorer has never been more true. And the poor folks get to pay for the $billions that go to the already rich, so the poor darlings can continue to get their millions in bonuses.
After reading the above answers, I must say that I HATE the idea of the auto industry bailout. The major car companies have been told for years to make better and more efficient vehicles - - but no, they have continued to produce these big gas hogs and mountain climbing vehicles (where's the mountains around here)?
Well, it is our fault for buying them and not demanding better for our hard earned money. The auto industry must be bailed because there are literally thousands of other companies that supply them and millions more could be out of jobs. Even tho we abhor the thought, the good of the whole country must be considered and acted upon. Like it or not.
And where do we go if we need a bailout? Tough *^*%26amp;*^ folks!! Go figure.
Union Contracts have nothing to do with the economy and the 40 plus years of mismanagement of the automobile industry. People don't want to blame those earning $38 Million a year and going home every weekend from Detroit to Washington State on a corporate, tax write-off, $45 million Gulfstream 5's, of which GM has 10 of them!! http://www.listaholic.com/top-five-most-鈥?/a>
GM has been outsourcing jobs for years to Canada and Mexico, and many of their parts now are from Japan.
Workers are always expected to give concessions, and the UAW has already!
It is also not the unions fault that the bottom of the economy fell out under 8 years of Bush!
It is funny how Republicans NEVER side with hard working people, just those who do little who have massive perks (on our dime), huge salaries (but don't want to pat taxes), and ';perks';, which are write-offs which WE end up paying for!
It is about time to start blaming other than those who have NO DECISION MAKING into corporate board rooms!
What middle class?
In my opinion, those who think like that are completely in the dark as they never use FACTS when spouting their bootstrap Lemming philosophy!!
Frankly I hold them all at fault, the businesses for allowing themselves to be put in this situation, the unions for becoming to greedy. The people who took mortgages that they couldn't afford. Congress for making the loan industry to loosen their standards for loaning the money. Congress should have stayed out of the banking business to begin with. Yeah everybody wants to own a home, but lets face it some people just can't afford to. Many times because they can't handle their money well enough ! I am a republican and yes I do think big business is at fault. The democrats in congress aren't any better they're just busting they're butts to bail them out ! The democrats started this whole housing for all thing, look what that snowballed into! They bail out wall street because they all have money there! They covering their butts everyone of them of all parties. Do you really think any of them are regular working people?
cantu, Republicans never side with hard working people, what crap, that's what most of us are! We've worked every dime we have and are struggling to stay in the middle-class even in the low end of it !
Its the signer's fault on both ends. That is why I didn't approve of the bank bailout and that is why I don't approve of the auto industry bailout.
When is this going to stop?? How many companies are not experiencing a hard time right now?? When is it a companies job to stand on its own two feet?? Is this trend going to continue all the way to corner grocery stores, until taxpayers bail every industry out and we wake up one day in a socialist nation??
This is some bs right here.
What do unions do if they don't get their way by contracts signed?
I heard today that the UAW contracts in Detroit have all union members paid for 4 years ( no loss of wages ) if plants close down. Female assembly workers get a every 6 month free manicure in their contract because auto work is hard on those pinkie fingers. Wow....where is that line of the sand from reasonable to out right criminal union greed? Why does paint peel off of all white 99-2003 GM trucks? Ever see those section 8'ers drive down the road? Just to open your eyes.......how many recals from UAW products vs. imports?
U.S. auto makers spend $12000 making a $6000 valued vehicle and to pay off the labor, you see that piece of looking and durable crap on the dealers lots for $17,000 that 1/2 the country doesn't buy. What model of vehicle sits in your driveway?
All design, performance and shop stewart managers along with CEO's should be fired in a chapt 11 restructure. Bring in some new blood, sign some new union contracts that fall within human rational thought......and go non union for $4 less an hour if the union doesn't modify contracts. Currently at $26 hr. union to start. How many people would work for $22 an hr?
I rest my case.
Well you know the way the Republicans think. When working class people lose money, it's our own damn fault. It's never the fault of large corporations like Enron. But when large CEO's go bankrupt it's our duty to give them $60 million severance pay.
its the democ rats like c. dodds, b. frank, c. shumeer, and others who would not let republicans fix the situation BEFORE the bad happened.
youtube.com/watch?v=_mgt_cs:7rs
I DARE you to prove me wrong AFTER seeing this.
Unions are DEMOCRATS and they ARE to blame.
GUNS don't kill - people do.
DEMOCRATS made the banks give loans to minorities that could not afford them.
You wouldn't NEED abortions if you had morals.
I've got more...
What the hell are you talking about!!??
Yes the companies are responsible for signing the union contracts. But what is your point!! Now those companies CAN'T afford to pay those contracts!!
If you can't pay for your union contracts, maybe you should move into an apartment till you get back on your feet.....not expect me to pay for your bad contracts.
If you can't pay for your home, maybe you should move into an apartment till you get back on your feet.....not expect me to pay for your bad loan.
I haven't seen one intelligent Republican answer on here. But a star for you for trying!