Bush loans $13.4bil to automakers

[NewHampshire Black Bears]

The UAW will NOT "cave in" Piney, in everyone of their contracts.

Here's why,

Ford took Zero $$$, so don't look for the UAW/Ford contract($$$) to change drastically.

Plus BO said that when they(HE) looks at the loan in (say) March, that ALL the "GIVE", had better not be coming from Labor.

Bad economy aside, the next...."8" Years will be the BEST for organized Labor,..so let those non-union genius's at those Foreign(US Plants) keep making inferior wages.

For them, the Old adage is true....."You NEVER miss, what you NEVER had" !!!


Got to go Piney, I'm practicing singing, one of my Most Favorite Songs.

(Background music please)

" (Oh) when you look for...................The UNION LABEL,.......la-la-la...........la-la-la.......la-la"

 

[whatkindoffreshhell]

Bad economy aside, the next...."8" Years will be the BEST for organized Labor,..so let those non-union genius's at those Foreign(US Plants) keep making inferior wages.

You are very very wrong. The public is not buying Detroit 3 cars.

Without revenue nobody gets paid anything.

 

[delldude]

You are very very wrong. The public is not buying Detroit 3 cars.

Without revenue nobody gets paid anything.

Correct....with Americans struggling to even hold a home they are making due with the vehicles they have....Detroit is in as much deep trouble as the US gov't. is heading into.


I got a feeling Humpty Dumpty is going down.

 

[2BlacknBlue]

Correct....with Americans struggling to even hold a home they are making due with the vehicles they have....Detroit is in as much deep trouble as the US gov't. is heading into.


I got a feeling Humpty Dumpty is going down.

S.O.S.
(same ol' s#it)

"Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

The rewards came even at banks where poor results last year foretold the economic crisis that sent them to Washington for a government rescue. Some trimmed their executive compensation due to lagging bank performance, but still forked over multimillion-dollar executive pay packages.
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

The rewards came even at banks where poor results last year foretold the economic crisis that sent them to Washington for a government rescue. Some trimmed their executive compensation due to lagging bank performance, but still forked over multimillion-dollar executive pay packages."

http://www.ajc.com/business/content/shared...age_tab_newstab

 

[NewHampshire Black Bears]

Correct....with Americans struggling to even hold a home they are making due with the vehicles they have....Detroit is in as much deep trouble as the US gov't. is heading into.


I got a feeling Humpty Dumpty is going down.

dell,

Let me remind you Again, that YOUR President(elect) said that ALL the($$$) Pain had better NOT be coming from the UAW !!!!!!!!!!!

 

[delldude]

Hope UAW doesn't play hardball and run it into BK then things will have to change.

 

[NewHampshire Black Bears]

Hope UAW doesn't play hardball and run it into BK then things will have to change.

Hey dell,

EVEN...(dirty) D I C K.......Cheney said(today),........Shame on the REPUGS for not trying to Bail-Out Detroit !!!!


Now I know YOU'RE DEAD WRONG....about wanting Detroit to go into BK !!!

(I'm still in SCHOCK that....that SOB/dirty DICK said that)

 

[UAL_TECH]

Why not 'try' to bail out the auto industry?
Most EU countries (and Canada) are all giving money to 'thier' industries.

 

[Cosworth]

I could have sworn you were a huge advocate of capitalism. This spreading the wealth, saving the poor auto makers from their own stupidity seems somewhat socialistic does it not?

Given the incompetent that got them into the situation they are in now, do you really want to give them tens of billions of dollars in the hope that they all of a sudden figure out how to build cars and manage their budget? Do you really believe that the $17 billion they get now will be enough? Do you not think they will be back early next year for more? And more after that?

When do I get my bail out? Just curious.

OH yea, how exactly are we going to pay for all this? W never raised taxes because that just would not be good. Now we are in debt above our eyes and are bailing out everyone and their mother. I sure do hope all those fat cats getting their sorry collective asses bail out stand up and admit they are the reason Obama will have to raise taxes on the rich. How much do you want to bet they don't.

 

[whatkindoffreshhell]

On Christmas Eve the Fed awarded GMAC the status as a 'bank holding company' and thus eligible for billions in aid from TARP. GMAC could not attract additional outside funding, which was one of the requirements to attain bank holding status.

Incredible. Deceptive. And simply wrong.

Certainly this announcement was blessed by both the Bush & Obama camps and planned for release on December 24th -- the best day of the year to release news when nobody is paying attention.

Obama's hands are stained even before he is sworn in.

You and I have to play by the legal rules.

Obviously others do not. :mf_boff:

I only wish Aretha Franklin could sing for the auto industry...

 

[UAL_TECH]

I could have sworn you were a huge advocate of capitalism. This spreading the wealth, saving the poor auto makers from their own stupidity seems somewhat socialistic does it not?

Given the incompetent that got them into the situation they are in now, do you really want to give them tens of billions of dollars in the hope that they all of a sudden figure out how to build cars and manage their budget? Do you really believe that the $17 billion they get now will be enough? Do you not think they will be back early next year for more? And more after that?

When do I get my bail out? Just curious.

OH yea, how exactly are we going to pay for all this? W never raised taxes because that just would not be good. Now we are in debt above our eyes and are bailing out everyone and their mother. I sure do hope all those fat cats getting their sorry collective asses bail out stand up and admit they are the reason Obama will have to raise taxes on the rich. How much do you want to bet they don't.

I am an advocate of common sense and unfettered ‘ism’ does not work whether it is capitalism, socialism, or communism (all of which we currently have in this country). It would be nice if we could collect all of the captains of industry and their political cronies; and have them pay for it but you know that is not going to happen either.

We watched the S&L bailout without much complaining. Saw Enron screw everyone without a whimper. Watched the airlines degenerate and blamed the workers. Now we are faced with some of the biggest shenanigans in history.

B) xUT

 

[Cosworth]

...............................................never mind

 

[delldude]

Did ya hear the one about how Congress forgot to put themselves in pole position just in case GM and Chrysler failed and go BK?

Seems they are the last creditor on the list....or should I make that 'We'

 

[southwind]

Good point(s) as usual KCF.

OK class,........lets review.

Ford needs NO $$$$.

Chrysler will be absorbed(probably)

GM will most likely get down to 3 "lines".(Chevy/Buick/Cadillac)

The UAW will make 1(ONLY) concession, most likely the Job Bank program,

And Finally.................W, nervous about his Legacy(WHAT A FRIGGIN "J O K E" ), winds up being "the Republican on the hook" for bailing out Detroit,.........AND.......thwarting...the REPUGS, who desperately tried to turn this into a ..RED state ..vs...BLUE state...Diabolical..UNION BUSTING SCAM !

So SORRY..Red State REPUGS,but.....Y O U R ..president just "gave it to YOU in the shorts"


I've got to say..............that waking up every morning(since 11/4/2008) is becoming a daily JOY, (coupled with "crashing" gas prices)

Poor Rush BIMBO. he and the..."I wanna be just like Rush, I wanna be JUST LIKE Rush".......MORON, sean hannity, are left with NOTHING, to spew their BILE and DIARRHEA over, other than bashing their (getting STALE) nemesis.......DUMB ol' Blago !!!!!!

Apparentely, you haven't been paying much attention to whats been going on at The White House , since Jan. 20th !

Rush, Sean, Neal and the boys have "PLENTY" to talk about !

 

[southwind]

I sure do hope all those fat cats getting their sorry collective asses bail out stand up and admit they are the reason Obama will have to raise taxes on the rich. How much do you want to bet they don't.

You must be talking about people like Barney Franks, Nancy Pelosi w/ her taxpayer-funded Gulfstream at her beckon call and of course, all the tax cheats, in or trying to get into Nobama's cabinet !