bailing out the auto industry?

[GrimJack]

We are bailing out the greedy liberal unions who have contributed greatly to the downfall of our country's auto manufacturers.

Ford, GM, and Chrysler need to fire ALL of their union laborers and re-hire people at $15.00 an hour. ALL of these jobs would be snatched up by willing employees, and they could all become profitable again on their own without needing government "assistance."

Why on earth would a government HAVE to give money to a business so that it could REMAIN viable? Reeks of socialism to me.

So you are saying that all union workers should be fired and only non-union workers hired?

And you are suggesting $15.00 per hour as a good starting wage?

How did you arrive at the particular wage? Who will show these new workers how to build cars? The average wage at Toyota USA is $30.00 per hour; do you even know what you are talking about?

You somehow think that unions are the root of all evil but do not mention the 'golden parachute' of one executive at 100 million dollars would pay the yearly wages of 2,000 union employees at 50 thousand dollars per year. One guy walking out the door vs 2,000 skilled workers for one year - and it is unions that are destroying the world -- gimme a break!

[snafu]

Shutting down GM, Ford & Chrysler downloads job loss to all primary and secondary suppliers along with car lots, sales. Those millions will not have income to support their mortgage, debt & purchase power. Talk about trickle down!

No matter where we live, this is the global economy and we're all feeling the American financial tsunami. The bank bailout hasn't done squat as it hasn't filtered to average person. There were no requirements for the banks to circulate $$$. There will need to be co operation from management and unions to get the auto sector back on track. It takes 5 yrs for an idea to become a reality in the auto sector.