Comments on: Good news: White House stalls on UAW bailout

By: There's My Two Cents

There's My Two Cents — Thu, 18 Dec 2008 04:59:54 +0000

Auto Bailout Update…

The nationalization of the auto industry is still in flux at the moment. The drive from the White House to fork over the $15 billion seems to have stalled out, with a statement from Pres. Bush saying it was not quite imminent. Whether they’ve actua….

By: Bush administration made last minute change to remove caps on executive compensation in bailout bill » A Couple Things » A couple things about politics, sports, travel, and other stuff.

Mon, 15 Dec 2008 20:21:11 +0000

[...] the White House says no to the UAW bailout, but yes to legal loopholes that give executives huge compensation packages. [...]

By: jpm100

jpm100 — Mon, 15 Dec 2008 18:54:46 +0000

Wow JonB. Take a breather from that derangement syndrome.

By: JonB

JonB — Mon, 15 Dec 2008 18:43:29 +0000

One thing is certain, if the bailout doesn’t go through, and especially if any of the big 3 go chapter 11, do NOT buy any of their vehicles if you value your life. To be sure the UAW workers will make sure quality goes completely reverse to the point of the products being dangerous.

By: By Choice

By Choice — Mon, 15 Dec 2008 18:06:13 +0000

Imagine my suprise when MY blue dog demoncrat Rep voted against the bailout of the Big “2″ (Ford seems to have backed off a little.) That, of course, was after my faxes NOT to do it…..and a whole lot of her other constituents..so you can make a difference

By: bjc

bjc — Mon, 15 Dec 2008 18:00:44 +0000

*GM is worth about 8 billion with debt exceeding 60 billion; No amount of money will help them.
*Chrysler is going under, with only their Jeep and Minivan platforms possibly surviving under new ownership.
*Ford is safe for 2009, so will watch the fallout and act accordingly.
*None of the Big 3 have any future viability as long as the UAW is part of the equation; It is not just about the money; It is about plant efficiency, man hours per vehicle, customer satisfaction, and whether employee loyalty lies with the company they work for, or the union that will eventually kill off their jobs!
*A good example is year 2007 sales; Toyota and GM both sold approx, 9.5 million vehicles each worldwide; While Toyota did 17 billion in gross profit, GM had a 34 billion dollar loss; Biggest difference between the two is the U.A.W.; Easy to see why Toyota does not want to see the likes of UAW President Ron Middlefinger messing with their business model!

By: thirteen28

thirteen28 — Mon, 15 Dec 2008 17:00:58 +0000

Is our executive peoples learning?

By: 57fender

57fender — Mon, 15 Dec 2008 16:03:33 +0000

Been on the phone all morning. The message machine is full, the operators are all busy. Keep it up. You can bypass the operator by using 202.456.1111.

By: Bugler

Bugler — Mon, 15 Dec 2008 15:32:25 +0000

It's not fascism when we do it.

By: W Backing Off On Bailing Out? « Beltway Snark

W Backing Off On Bailing Out? « Beltway Snark — Mon, 15 Dec 2008 14:29:16 +0000

[...] Backing Off On Bailing Out? Jump to Comments He’s wavering…. President George W. Bush said on Monday an announcement on a auto industry rescue was not [...]

By: coffee

coffee — Mon, 15 Dec 2008 14:11:02 +0000

For all those pro bailout folks, Let Mexico, et al. pay for the bailout. Why should my money be used to prop up manufacturing in a foreign land?

By: Socky

Socky — Mon, 15 Dec 2008 14:02:51 +0000

Now, if only Wubbly would stop stalling on the Ramos-Compean pardon.

By: Dave from Flint

Dave from Flint — Mon, 15 Dec 2008 13:45:06 +0000

Interesting how this has gone from a loan to the companies to a bailout for the companies to a bailout of the UAW.

By: BizzyBlog » Things I’d Like to Post About Today ….. (121508, Morning)

Mon, 15 Dec 2008 12:30:57 +0000

[...] The Wall Street Journal is right, as usual — “You have to hand it to Ron Gettelfinger, president of the United Auto Workers union, and his colleagues. Negotiating for a living is, you know, what they do. And they’re good, very good. They know when somebody’s about to blink.” The White House and Treasury are indeed blinking; I still hold out hope that it won’t progress into an illegal betrayal. Update: Some reason to hope (HT Michelle Malkin). [...]

By: cabrerski

cabrerski — Mon, 15 Dec 2008 12:27:38 +0000

We probably need a visual aid for our protest. How about sending an empty wallet to the White House? Or one with the debit receipt of $700B? Think that might catch someone’s attention?