My friends:

Please consider the firing of the big 3 auto CEO’s before appropriation of any public funds. Do this my friends to promote fresh thought and ambition(s), as we have elected a new paradigm. The big 3 management are legacy laggard pricks. They have been fucking us for years with outdated high cost fossil fuel dependence. “Get Rid Of These Bastards Now”.

// Mike

I think a turnaround in Detroit calls for better management and better choices, not socialism (which is by the way one step from communism). Consider the irony that all three execs showed up in Washington on private corporate owned jets that cost thier companies $20,000 to fly round trip, and they want a handout??? For what?? to pad thier already multi-million dollar severence pay they’ll get for driving the big 3 into the hole??? Sam Walton would probably roll over in his grave if current Wal-mart execs ever did what these three are doing. And any company can make a comback from the dead. Lee Iacocca saved Chrysler in the 80s with forward thinking fuel efficient cars and the minivan and I wish he’d step in and do it again. There are alot of other corporations too that have come back like Berkshire-Hathaway, Warren Buffet’s company, Sears, and many others. What Detroit needs is execs that are smart, refuse reward unless the company prospers, and cut costs where ever possible, not handouts or the lackluster leadership we’ve seen so far.

MRK – you’re an idiot.

If GM goes under, it will effect 2.5 million people. If Chrysler and Ford go under as well, consider this 1929 all over again. The market will tank, people will be out of their homes at a catastrophic rate, and it will not take long for it to reach every other sector of public life.

I don’t like all this bailout business either, but something needs to be done. I agree that current management needs to be eliminated and the government needs a type of jurisdiction over the managment of the automakers if a bailout is given. As others have said, the banks are making a mockery of our bailout money.

This all stems from speculation (by the extremely rich) and unethical business practices (by the extremely rich). It is high time to give the majority of people the power to create a trickle-up economy, and that starts with keeping people in their homes, restoring credit, and lowering the cost of living (energy, healthcare, food, etc.). Once this is done, we will start chugging along again, the whole while creating new jobs and securing our children’s future.

GM / Ford / Dodge, they been screwing the nation since their first cars rolled out of the assembly line. That’s what you get when you spend more than 50 years making POS vehicles and expect for the nation to bend over and take it in the ass, cuz that’s the American way? Help Them (GM/Ford/Dodge) to keep screwing you and your family?

If you don’t believe me, look at what happened to Harley Davidson during the 70′s when their quality & reliability went down the drain Americans had enough, and started looking elsewhere (thus the Japanese Motorcycle boom of the 80′s)
Harley Davidson realized the mistake they did, and learned how important quality, reliability, longevity & brand loyalty really are.

More than 15 years have passed, and is just now that Harley Davidson is starting to gain its reputation & loyalty following.

My last comment is to let the 3 burn in hell for all of their years of greed and carelessness towards the American consumer. And let’s all hope a new American brand rises from the ashes that actually can prioritize: reliability / longevity / quality / loyalty & over engineering.

An American Car Company that is for the American costumer and willing to work hard to gain the qualities of European cars with the reliability and longevity of the Japanese manufactures..

Peace

It was funny their reactions when asked if they were willing to sell their corporate jets to show that they will make sacrifices too, and they didn’t respond at all!

I’m really getting tired of this. It’s taking them so long to think about this but it barely took a minute to say yes to AIG, Fannie Mae, or Freddie Mac.And truthfully who has heard of a Freddie Mac, and the only Fannie Mae I know of is the candy place. It’s funny how they are debating this because they say they (big three) were managed poorly, well who managed this country poorly to get us where we are now huh Congress. Or what about the millions and billions congress wastes on vacations for themselves using tax payer money, and the funding of many other stupid things that have nothing to do with anything. While all of us suffer they’re making triple digits to spend our money on crap. If the automakers need to stop there spending our great congres members should definitely rethink what they’re doing. CONGRESS NEEDS TO APPROVE THIS OR SOMETHING CLOSE TO IT THAT WILL HELP. Ya hear Congress we’re tired of the crap it’s your fault Congress, now we’re possibly going to lose what built this country.I love this counry to the death but I don’t believe our Congress does anymore. I’M AN AMERICAN AND I SAY YES TO THE AUTO INDUSTRY.

You know these goverment people are such hypocrates. They say that the auto industry should not get anything because of bad management. Yet they go and give a crap load of money to all these finacial institutes that failed because of their management as well. Maybe the big 3 should make a crappy 3 page report like poulson did so they can get their money. I’m not much of a domestic lover anymore but alot of families and this is economy depend on the auto idustry.

Them losing their jobs during a recession means another 1.5 million mortgages could be jeopardized, and so the vicious cycle accellerates.

By the way, with the average family size being 3.14 (strangely that’s Pi) x 2,900,000 = 9,106,000 people affected by the auto industry being flushed primarily because of the effects of extremely shady practice in the mortgage-related financial sector.
-
Sure, Detroit also made choices that have diminished their popularity thus sales over the decades, but the financial thing would be what puts them under.

as many as 2.9 million families are relying on the auto industry. Not allowing execs to live like freaking kinds MUST be a condition, and an ENFORCED one, that is if the industry dosen’t reach the pipes.