Quote:
Originally Posted by IllTestYourGirls
No one has answered this question yet. Who are they going to sell cars to? Will loans to the big 3 suddenly make people want to buy cars? There are going to be massive lay offs no matter what. Reality for a lot is sinking in. $15 billion is not going to save that many jobs.
The era of DEBT and SPEND are over. Americans need to change their ways.
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Please don't bring uncomfortable and inconvenient facts into this discussion! Don't you know the govt. has to have power over everything? And the only way to do that is by money.
Problem is...nobody can buy a car right now. Doesn't matter what the reason is. They just can't and anybody with any sanity is NOT buying things like cars right now.
And just where does all this "taxpayer money" come from anyway? The car companies are obviously NOT paying their taxes if they are so broke. And with 22,000 people losing their jobs everyday last month...those are all people who aren't gonna be paying taxes either.
Sorry, name call all you want. Tell me I don't "understand" the ramifications on our economy. It doesn't change the fact that these car companies are not profitable. All those jobs ARE going to be lost even if they get the bailout.
That's already been said. It's part of what they have to do to show they can turn a profit.
Remember the big bank bailout a month ago? Well, Bank Of America didn't even WANT any money. But they were forced to take it. The result: They fired 35,000 employees this week.
Do you REALLY think that money from the govt. is going to go towards paying salaries?
HELL NO. They are going to cut, cut, cut until they can make the company have solvency.
So all this: "You don't understand, if they don't get a bailout with OUR money there will be MILLIONS of people unemployed and we're going into a great depression.:
No, YOU don't understand. All of that is going to happen whether we waste our tax money or not. The car companies ARE going to fire a lot of people. Count on it.
edit: And by "YOU" I meant the people who support the bailout because they believe it will save workers jobs. It won't.