The Next Bailout: Detroit

As a former auto lender I can tell you the sole reason for the $25 billion dollar request . GREED!! This industry has and will continue to exploit the american consumer. The profits that are made on each sale and especially service are so far over the actual cost a class action lawsuit against the auto industry as a whole should have been filed years ago. This is another unregulated cash cow that needs to die ...

How much is the combined salaries, plus bonuses, of the auto companies CEOs? Are they worth it?

The Big 3 chose not to compete in the auto market by creating low quality vehicles (see Consumer Reports on how Detroit stacks up to Japanese cars) and by refusing to join Honda and Toyota in the innovative hybrid market years ago (in fact, they went the opposite way and pumped millions into campaigns claiming global warming was a myth). Detroit's resistance to change and their dependence on the U.S. government as their safety net put them in this predicament. Why should tax payers bail out the very companies they stopped buying cars from? We let our wallets speak for us already. The government should listen!

How do I get a bailout???!?!

How do I get a bailout????

WTF? Why can't we just make CEO's and companies' responsible for their own actions? Why don't they just take their multi-million dollar bonuses and severence packages and solve their own problems? Also, why does Ford produce a 65mpg car but not sell it in the US? Their reason because it is diesel - that's a poor argument. I know several people that have purchased diesel vehicles to provide better gas mileage. All these large companies are and have been making horrible business decisions, and while times are good pocket millions/billions of dollars, and then once their horrible decisions catch up with them they expect us to bail them out. I am in full support of encouraging and promoting American business, however I have no problem if holding accountable those same businesses even if that means that they go out of business.

The Big Three wouldn't be in this shape if they had kept the big pay raises in check with the UAW and kept the work at home, in plant instead of being forced by the union to outsource. They should have kept everything at home in the US, not Mexico and China and now India.

The Big Three wouldn't be in such bad shape if they had kept the UAW pay raises down and kept the american people working instead of outsourcing all the company work. There is little of the companies left in the US.

only if the japs take over and every lousey union commie is disbanded.

GET A CLUE ITS THE BUSH ADMINISTRATION THAT HAS GIVEN ALL THE RECENT BILLIONS TO THESE BANDITS IN THE FINANCIAL SECTOR BY WAY OF THE FEDERAL RESERVE. CONGRESS HAS APPROVED NON OF IT. AS USUAL YOU REPUBS. ARE COMPLETELY CLUELESS!!!

Who do I call to bail me out of debt?

Who do I call to bail me out?

Between the cost of food and gas I am sinking

Recon asks: "Did Toyota get a slick Govt. loan from the USA to build a 45MPG car for sale here?"

No, it got big ones from Japan. That's the reason why: level playing field. Either that, or no foreign cars sponsored by their governments.

Ask Mexico for some pesos thats where the factories are.

we as Americans can not allow this to happen 400 trillion in debt giving trillions to Fannie Mae and Freddie Mac, 85 billion to AIG this has to stop. Write your congress person and tell them no more!!!!

Why bail them out they don't even build cars in the US anymore " Die big three"

Why bail them out they don't even build cars in the US anymore" Die Big Three"

Wasteful government, wasteful auto industry and wasteful consumers You're all to blame ! This the third time
something like this has hit the auto makers and still they learn nothing! The consumer has learned nothing by still buying the gas hogs! And by the way have any of you ever thought about who's going to bail out the poor guy that works 6 days a week trying to sell them? Nobody