1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Robbing the Taxpayers

Discussion in 'Political Debate & Discussion' started by carpro, Feb 15, 2011.

  1. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    22,473
    Likes Received:
    471
    Faith:
    Baptist
  2. saturneptune

    saturneptune New Member

    Joined:
    Jan 16, 2006
    Messages:
    13,977
    Likes Received:
    0
    Hope we will agree on this one. Although Bush and the Republicans started the bailouts in 2008, the specific area of auto bailouts was strictly an Obama creation. It appears GM owes about half the money back to the government. Under those circumstances, they have no business giving anyone a bonus, whether white collar or craft worker. That should have been an understanding before the money was paid by we the people. I wish the company the best in their come back, but no more bonuses until the government is paid back. GM should have never gotten the money in the first place. One has to admire Ford. They took no money, and personally, I think they have a much better product overall. I bought a Ford Focus last April. Its a great car to get around in, nothing fancy. Seems very reliable. I think the most outrageous thing about the GM episode, and another reason they should never have taken the government money, is Obama's hand in getting rid of their CEO. Government has no right to hire or fire people from a private company. That is up to the company.

    Nope, this is strictly an Obama fiasco. We agree on most things. It seems our difference of opinion focuses on the worth of the Republican Party. By the way, excellent article and thread.
     
  3. targus

    targus New Member

    Joined:
    Feb 10, 2008
    Messages:
    8,459
    Likes Received:
    0
    What exactly did someone working on the line do to contribute to the turn around?

    Hint - nothing.
     
    #3 targus, Feb 15, 2011
    Last edited by a moderator: Feb 15, 2011
  4. SpiritualMadMan

    SpiritualMadMan New Member

    Joined:
    Nov 10, 2003
    Messages:
    2,734
    Likes Received:
    0
    SaturnNeptune :thumbsup:

    Agreed, I am avoiding Government Motors products.

    At least until every cent including interest is paid back and they rule their own roost again...
     
  5. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    22,473
    Likes Received:
    471
    Faith:
    Baptist
    It's another union payoff sanctioned by the Obama administration.
     
  6. targus

    targus New Member

    Joined:
    Feb 10, 2008
    Messages:
    8,459
    Likes Received:
    0
    Well, in all fairness...

    He does have a re-election to worry about. :rolleyes:
     
  7. mandym

    mandym New Member

    Joined:
    Feb 3, 2011
    Messages:
    4,991
    Likes Received:
    0
    The union workers were forced to take a pay cut. So giving out these bonuses are an run around that.
     
  8. billwald

    billwald New Member

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    1
  9. just-want-peace

    just-want-peace Well-Known Member
    Site Supporter

    Joined:
    Feb 3, 2002
    Messages:
    5,721
    Likes Received:
    75
    Faith:
    Baptist
    Dadgummit Ma, I told you to shut the door! There's a bodacious passle of hot air pourin' in!!!!!
     
  10. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    22,473
    Likes Received:
    471
    Faith:
    Baptist
  11. rbell

    rbell Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    First of all, the unions are the primary reason they were IN trouble. Let's keep the facts straight.

    Second, unpleasant scatological events inevitably occur. I hate it. But that's life. There will be business to open...and close...from here on out. You want a government to guarantee and own the entirety of the production process? That has a name...Fascism. Been tried before. Didn't work out so well.

    Third, the auto industry in the US is doing fine, thank you. Just get out of the rust belt...where wages are more competitive, and where companies are turning out better products. Yes, there has been a recession...but if we'll quit trying to hock the country to own all the car companies, we'll be much better off.
     
  12. saturneptune

    saturneptune New Member

    Joined:
    Jan 16, 2006
    Messages:
    13,977
    Likes Received:
    0
    I do not think that is the message Carpro is making. No one wants any business to fail in a free and open market. The government cannot even cover their own expenses (another debate), so how can they justify shelling out money to a company that all evidence suggests was not run well on management's part, and a union that demanded too much over a long period of time. What do you expect?
     
  13. targus

    targus New Member

    Joined:
    Feb 10, 2008
    Messages:
    8,459
    Likes Received:
    0
    And to add insult to injury - the bonuses are evidence that nothing has really changed with the auto manufacturers.

    It is still business as usual - but now they know that when they blow all of their cash the government will just hand out more.
     
  14. carpro

    carpro Well-Known Member
    Site Supporter

    Joined:
    Oct 14, 2004
    Messages:
    22,473
    Likes Received:
    471
    Faith:
    Baptist
    Where is the democrat outrage we saw at the bonuses handed out by GM while they were floundering.

    They're still not financially healthy, even after the huge infusion of taxpayers dollars and the ripping off of their creditors and bondholders.
     
  15. billwald

    billwald New Member

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    1
    >>You all would have been happy (happier) if the Big Three had folded?


    >First of all, the unions are the primary reason they were IN trouble. Let's keep the facts straight.

    First of all, the Big Three started building TERRIBLY JUNKY cars in the late 60's and early 70's. The Big Three wrongly forecast the sorts of cars that people were willing to buy. The quality of Big Three car designs was terrible and so was quality control.
    For 20 years Detroit didn't build a car that I wanted to buy.

    Second, it is NOT the union's fault that the Big Three's economic forecasting and technical planning was terrible and they signed contracts which lost them money. The unions fulfilled their end of the contracts.
     
  16. rbell

    rbell Active Member

    Joined:
    Jan 16, 2006
    Messages:
    11,103
    Likes Received:
    0
    I cannot help that you won't deal with reality. Perhaps you should quit reading the Union Newsletter and begin to think as an autonomous human being.
     
Loading...