Comments on: Are terms of the Big Three bailout at odds with each other?

By: JSurfer1451

JSurfer1451 — Wed, 10 Dec 2008 23:41:57 +0000

The Volt looks really Japanese in this picture, I haven’t noticed it until now though. It somewhat resembles some of the styling cues from the previous and current generation Acura TL.

By: terk184

terk184 — Wed, 10 Dec 2008 20:52:18 +0000

Borat for President!

By: Borat

Borat — Wed, 10 Dec 2008 20:28:51 +0000

Of course they were better off. In order to get into UAW you had to know someone, or you had to be born into UAW family. UAW is extremely corrupt organization, but they are very well connected politically: they deliver voted to democratic party. All those votes (and membership funds that go to politicos campaign funds) yield them tremendous clout in DC.
When TV industry moved to Asia completely (there are no TV’s made in US whatsoever) nobody took notice. When textiles, shoes, home appliances deserted the country politicians did not give a crap. Now even metals are not manufactured in US (strategic material for DoD). All those industries were unionized, but none of them had as many politicians in a pocket of a single union. And we don’t know all level of corruption, yet. And we will not know until indictments start to fly (which will be suppressed by DC for at least 4 years).

Do I sound like an Union Fan? However, those union members would be better off with Ch 11 and restructuring. That would make them either to learn a new trade or learn to live within competitive industry wages. This BS called government bailout just prolongs inevitable: death of incompetent companies. Honda produces 80% of cars it sells in US right here in US. More then Big 2.6. That will not change.

By: bigjimid

bigjimid — Wed, 10 Dec 2008 19:42:29 +0000

Borat, are you a UAW member? Because they are sure as hell better off than I am right now. Heck, I as well as many others deserve better way before they do.

By: t-ak-box

t-ak-box — Wed, 10 Dec 2008 19:20:22 +0000

I agree the Volt is a great step forward in Technology but its not for everyone. GM needs something more mainstream like Ford has as well as the Volt.

By: Borat

Borat — Wed, 10 Dec 2008 19:18:37 +0000

• The only thing crazier than trusting the same management and union officials who got the Big Three into this mess to get them out is trusting a bunch of Washington politicians and bureaucrats – the very same people who ran up a $455 billion deficit last year. American auto workers and their families deserve better.

• If no private investors believe the Big Three restructuring plans are realistic enough to support with their own money, why should we put up taxpayer money? American taxpayers deserve better.

• The Big Three restructuring plan and the Democratic proposal lack accountability. There is no guarantee that once they get taxpayer money the restructuring they promise will occur. Once the taxpayers prop them up once, there will be a big incentive to keep bailing them out – keeping the industry dependent on government aid, lashing it to the majority’s political agenda, and further denying American auto workers the security of a viable industry that is back on its feet and ready to compete. American auto workers and their families deserve better.

By: Borat

Borat — Wed, 10 Dec 2008 19:12:10 +0000

In true democratic society Big 2.6 would be bankrupt and if there is a solution to a problem (manufacturing cars in US public wants to buy) the market would address it. At this moment, Big 2.6 bankrupted their investors (shareholders) and against SOX standards no one went to jail and government is giving them tax money to burn. This kind of democracy is native to Cuban and Venezuelan models, not US standards.

By: Fit19

Fit19 — Wed, 10 Dec 2008 19:06:18 +0000

Capitalism? The Big 3 abandoned capitalism the second they went to Washington for a handout.

By: A4

A4 — Wed, 10 Dec 2008 17:55:06 +0000

if the government doesnt look at the volt as something that needs to be fast-tracked right now for its long-term benefits than they are A, a bunch of dumbasses, and B, a bunch of hypocrites, stating that green technologies need to be brought to the forefront of any type of plan, rather than profitable trucks and SUV’s, which would seem to make a better “short term” case. It would be their dumbest move yet to go against the volt.

By: 2kPlymouthNeonLX

2kPlymouthNeonLX — Wed, 10 Dec 2008 17:38:24 +0000

Classic: Damn if you do, Damn if you don’t.

By: jl_2

jl_2 — Wed, 10 Dec 2008 17:30:18 +0000

Z06ified, you sound like you don’t really know what you are talking about.

By: Bankruptcy2009

Bankruptcy2009 — Wed, 10 Dec 2008 17:21:06 +0000

Well that is What GM was and still in AbsolutelyCorrupt Corvette Bone Head

By: Bankruptcy2009

Bankruptcy2009 — Wed, 10 Dec 2008 17:19:48 +0000

IF GM was serious about an Electric they would have brought the Impact to market when they had the

Chance to do so.

By: Z06ified

Z06ified — Wed, 10 Dec 2008 17:18:16 +0000

This is why you can’t have a car czar in the first place. That’s a dictatorship, not a democracy in which capitalism is deeply rooted. Capitalism doesn’t work under dictatorships.

The whole concept of board of directors, shareholder votes, etc. is being thrown out the window and being replaced with one person who will have absolute power. Absolute power corrupts, absolutely.

By: rsg

rsg — Wed, 10 Dec 2008 17:15:12 +0000

Oh please. This technology is GM’s future so you have to invest in it. Why invest all this money so we can keep the same unsuccesful products clogging up dealers lots?

By: DCG3

DCG3 — Wed, 10 Dec 2008 17:13:57 +0000

Hey just finished posting on the previous article and look what shows up in the one
THE FUCKING PRIUS!!!!!!!!!!!!!!!