Comments on: Report: Auto suppliers could need up to $33.5B in aid

By: jdasch1

jdasch1 — Fri, 15 May 2009 06:14:08 +0000

Bailout Nation- when will the government say NO. keep those credit lines open with the Chinese please. What a joke this new administration is doing. When will the bailouts stop?? When the money runs out?? We are above 10 trillion now and climbing. Buy gold.

By: Borat

Borat — Thu, 14 May 2009 19:45:55 +0000

How would you like us to call it? Crapped away fortunes? Pissed away cash? Mortgaged children?

By: The Tuga

The Tuga — Thu, 14 May 2009 19:09:56 +0000

why do they insist on calling it “loans”

By: Borat

Borat — Thu, 14 May 2009 18:45:29 +0000

Lyndon, you are absolutely right. Karl Marx, Lenin, Stalin, Hitler, Fidel & Raul Castro all were trying to solve those problems in exactly the same way.

By: JakeK66

JakeK66 — Thu, 14 May 2009 18:44:08 +0000

@lyndon_h

You can keep throwing money at problems, but sometimes there’s no money left to throw. I’d rather these companies go under than the US government. Like you said, they will be absorbed into the market eventually – new businesses will be created, and so on. Life goes on.

By: lyndon_h

lyndon_h — Thu, 14 May 2009 18:35:27 +0000

Let them all fail! That would be much better right? I wonder what the cost in unemployment paid, higher crime/prison rates because of unemployment, and increased forclosures will be until these people are absorbed into the job market will be.

By: HoosierHero

HoosierHero — Thu, 14 May 2009 18:16:48 +0000

Didn’t approve of the Big 3 (or 2) bailout and definitely don’t approve of the suppliers. When will it end? I need money to BUY an auto. They jacked up prices while putting out inferior products. Do I get a bailout too?

By: Borat

Borat — Thu, 14 May 2009 17:51:31 +0000

Most of those companies were spawn off by very same automakers. AC Delco was GM subsidiary for many years, Mopar – Chrysler, list goes on.

By: shaver

shaver — Thu, 14 May 2009 17:33:07 +0000

We all foresaw this. The automakers beat these guys down to little margins, most were not that strong to begin with. When the volume got turned down the $ #s no longer work. Where has all the money gone?

By: Impulsive

Impulsive — Thu, 14 May 2009 17:16:16 +0000

This is a good one … there’s no blaming GM or Chrysler for this. An overinflated market which should never have gone to the size it did has now burst and EVERYONE suffers. Everything reverts to the mean eventually.

But, sure, let EVERYONE go bankrupt and start from scratch … right, fools?

By: eal2009

eal2009 — Thu, 14 May 2009 16:21:52 +0000

This is bad news for every automaker that makes cars in N America. GM, Ford, Toyota, Honda, etc,
They all get their parts from the same suppliers.

If the suppliers get our money, they should be required to make those parts in the USA.

By: Borat

Borat — Thu, 14 May 2009 16:13:25 +0000

What a crock of crap. Have anyone lately looked on “Made in…” sign of their parts package? Most of it made in So. America (including Mexico) and in Asia. Packaging and shipping charges should not be that high.