RANT: We can’t afford ANY “bailouts”


Why the Big 3 Bailout is Bullshit: Cadillacs Made in China
By nostalgiphile in MLP
Wed Nov 19, 2008 at 05:02:40 AM EST

Tags: bankruptcy, automobiles, Japan, made in China, Detroit, YFI (all tags)

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First, they say that between 160,000 and 3 million manufacturing jobs are on the line, but then turn around and blame the unions (the organization that represents those workers). In fact, foreign (mainly Japanese) automakers employ almost as many Americans as the “Big 3” do (113,000). Helping GM, Ford, and Chrysler could actually hurt those American auto-workers at non-Big 3 factories.

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These “bailouts” are wrong on so many levels it’s hard to find a positive reason FOR them.

My pocketbook can’t afford it. So, sorry Chapter 11.

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2 Responses to RANT: We can’t afford ANY “bailouts”

  1. john hart says:

    What no bail outs, of course not, can they bail me out. maybe pay off my next vacation?

  2. john hart says:

    John, you are right on all this bailout is nothing more then share my wealth with those who cannot manage to earn their own. I am totaly against this also…

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