Comments on: Auto Bailout Awaits Congressional Approval with Millions of Jobs at Stake http://www.moneymorning.com/2008/12/11/big-three-bailout-3/ Investment News Provider Thu, 19 Nov 2009 15:36:16 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Toyota to Slash 2009 Sales Outlook, Cut Costs http://www.moneymorning.com/2008/12/11/big-three-bailout-3/comment-page-1/#comment-13257 Toyota to Slash 2009 Sales Outlook, Cut Costs Mon, 15 Dec 2008 16:50:24 +0000 http://www.moneymorning.com/?p=3710#comment-13257 [...] Money Morning: Auto Bailout Awaits Congressional Approval with Millions of Jobs at Stake [...] [...] Money Morning: Auto Bailout Awaits Congressional Approval with Millions of Jobs at Stake [...]

]]> By: Auto Bailout Awaits Congressional Approval with Millions of Jobs … | definedebt.com http://www.moneymorning.com/2008/12/11/big-three-bailout-3/comment-page-1/#comment-13169 Auto Bailout Awaits Congressional Approval with Millions of Jobs … | definedebt.com Fri, 12 Dec 2008 21:57:36 +0000 http://www.moneymorning.com/?p=3710#comment-13169 [...] View post [...] [...] View post [...]

]]> By: T Lewis http://www.moneymorning.com/2008/12/11/big-three-bailout-3/comment-page-1/#comment-13128 T Lewis Fri, 12 Dec 2008 03:40:02 +0000 http://www.moneymorning.com/?p=3710#comment-13128 Alabama recieves $1.66 for every dollar it sends to the federal treasury. It is essentially a welfare state kept afloat by the US taxpayer. By contrast MI recieves about $0.96 for every dollar sent to the federal government. No midwestern industrial state is in the top 50% for federal spending. Alabama recieves $1.66 for every dollar it sends to the federal treasury. It is essentially a welfare state kept afloat by the US taxpayer. By contrast MI recieves about $0.96 for every dollar sent to the federal government. No midwestern industrial state is in the top 50% for federal spending.

]]> By: P. Gagne http://www.moneymorning.com/2008/12/11/big-three-bailout-3/comment-page-1/#comment-13105 P. Gagne Thu, 11 Dec 2008 17:16:33 +0000 http://www.moneymorning.com/?p=3710#comment-13105 Mr. Shelby seems to believe that Alabama is the only state in the Union. Wasn't he the driving force behind the $253 million incentive package to Mercedes? Alabama tax payers ended up paying $180,000 plus per job as pure incentive. Loan now or pay later. If the Auto Industry doesn't get the loan needed, the U.S. Pension Guarantee Fund will be picking up hundreds of thousands of retirees, spouses, and widowed spouses pensions. John Orth, I hope you continue to buy auto's from any of the big three. Mr. Shelby seems to believe that Alabama is the only state in the Union. Wasn’t he the driving force behind the $253 million incentive package to Mercedes? Alabama tax payers ended up paying $180,000 plus per job as pure incentive.

Loan now or pay later. If the Auto Industry doesn’t get the loan needed, the U.S. Pension Guarantee Fund will be picking up hundreds of thousands of retirees, spouses, and widowed spouses pensions.

John Orth, I hope you continue to buy auto’s from any of the big three.

]]> By: John Orth http://www.moneymorning.com/2008/12/11/big-three-bailout-3/comment-page-1/#comment-13083 John Orth Thu, 11 Dec 2008 13:51:51 +0000 http://www.moneymorning.com/?p=3710#comment-13083 It seems to me that the problem is that ALL their expenses are too high. Labor, management .. all. If they cut these two areas to the same level their competition is ... there is no reason they cannot compete. If politicians solve this problem in any other way except ecomomic .... I'll never buy another auto from the big three. It seems to me that the problem is that ALL their expenses are too high. Labor, management .. all. If they cut these two areas to the same level their competition is … there is no reason they cannot compete.

If politicians solve this problem in any other way except ecomomic …. I’ll never buy another auto from the big three.

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