Docc_eee_aww
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You stupid prick!
Dear Congressman Shelby...
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Alien Allen
Froggy the Prick
Shelby is one of the asshole republican senators that blocked the loan to the big 3.
He is from Alabama which oh by the way has at least 3 or 4 non union foreign car plants which the state gave huge tax incentives to settle there
He is from Alabama which oh by the way has at least 3 or 4 non union foreign car plants which the state gave huge tax incentives to settle there
Accountable
Well-Known Member
I got no problem with that. I'm tired of throwing good money after bad. I've been against every bailout starting with the insurance companies. This whole thing is bullshit.
If Congress wants to to some good they can grease the rails to get the big 3 (or two of them, anyway) into chapter 11 as quickly as possible. I understand the process usually take weeks or even months.
Then they can kiss our asses apologizing for fucking with the natural ebb and flow of the market and creating this mess in the first place! :mad
If Congress wants to to some good they can grease the rails to get the big 3 (or two of them, anyway) into chapter 11 as quickly as possible. I understand the process usually take weeks or even months.
Then they can kiss our asses apologizing for fucking with the natural ebb and flow of the market and creating this mess in the first place! :mad
Alien Allen
Froggy the Prick
going to Chapter 11 will screw a lot of suppliers who are innocent
Alien Allen
Froggy the Prick
Todays Detroit Free Press
Hey, you senators: Thanks for nothing
A few parting words for the senators who squashed the auto rescue
By MITCH ALBOM • FREE PRESS COLUMNIST • December 13, 2008
Do you want to watch us drown? Is that it? Do want to see the last gurgle of economic air spit from our lips? If so, senators, know this: We’re taking a piece of you with us. America isn’t America without an auto industry. You can argue whether $14 billion would have saved it, but your actions surely could have killed it.
We have grease on our hands.
You have blood.
Kill the car, kill the country. History will show that when America was on its knees, you lawmakers wanted to cut off its feet. How does this happen in America?
Suddenly, the worker is the problem? Suddenly, unless union members, overnight, drastically slash their wages with a hard deadline, you pull the plug on an industry?
Suddenly, Detroit is the symbol of economic dysfunction? Are you kidding? Have you looked in the mirror lately, Washington?
In a world where banks hemorrhaged trillions in a high-priced gamble called credit derivative swaps that you failed to regulate, how on earth do we need to be punished? In a bailout era where you shoveled billions, with no demands, to banks and financial firms — who created the problem in the first place — why do need to be schooled on how to run a business?
Who is more dysfunctional in business than you? Who blows more money? Who fashions and molds its work based on favors and pork and traded compromises?
At least in the auto industry, if folks don’t like what you make, they don’t have to buy it. In government, even your worst mistakes, we have to live with.
And now Detroit should die with this?
In bed with the foreign automakers
Kill the car, kill the country. Sen. Richard Shelby, Sen. Bob Corker, your names will not be forgotten. It’s amazing how you pretend to speak for America when you are only watching out for your political party, which would love to cripple unions, and your states, which house foreign auto plants.
Corker, you’ve got Nissan there and Volkswagen coming. Shelby, you’ve got Hyundai, Honda, Mercedes-Benz and Toyota. Oh, don’t kid yourself. They didn’t come because you earned their business, a subject on which you enjoy lecturing the Detroit Big Three. No, they came because you threw billions in state tax breaks to lure them.
And now — this is rich — you want those foreign companies, which you lured, and which get help from their governments, to dictate to American workers how much they should be paid? Tell you what. You’re so fond of the foreign model, why don’t you do what Japanese ministers do when they screw up the country’s finances?
They cut their salaries.
Or they resign in shame.
When was the last time a U.S. senator resigned over the failure of his policies?
Yet you want to fire Rick Wagoner?
Who are you people?
More money for the lords of Wall Street
There ought to be a law — against the selfishness and hypocrisy our government has demonstrated. The speed with which wheelbarrows of money were dumped at the feet of Wall Street versus the slow noose hung on the auto companies is reprehensible. Some of those same banks we bailed out are now saying they won’t extend credit to auto dealers. Wasn’t that why we gave them the money? To loosen credit?
Where’s your tight grip on those funds, senators? Or do you just enjoy having your hands around blue-collared throats?
No matter what the president does, history will not forget this: At our nation’s most uncertain hour, you stood ready to plunge tens of thousands of families into oblivion. Push them onto public payrolls, unemployment, no health insurance. And you were willing to put our nation’s security at risk — by squashing the American manufacturing we most rely on in times of war.
And why? So you could stand on some phony principle? Crush a union? Play to your base? How is our nation better off today now that you kept $14 billion in the treasury? Are you going to balance the budget with that?
Don’t make us laugh.
Kill the car, kill the country. You tried to slam a stake into the chest of this business, and you don’t even realize how close to the nation’s heart you’re coming. Shame on your pettiness. Shame on your hypocrisy. This is how we behave two weeks before Christmas? Honestly. What has become of this country?
Contact MITCH ALBOM at 313-223-4581 or malbom@freepress.com. Catch “The Mitch Albom Show” 5-7 p.m. weekdays on WJR-AM (760).
Hey, you senators: Thanks for nothing
A few parting words for the senators who squashed the auto rescue
By MITCH ALBOM • FREE PRESS COLUMNIST • December 13, 2008
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Do you want to watch us drown? Is that it? Do want to see the last gurgle of economic air spit from our lips? If so, senators, know this: We’re taking a piece of you with us. America isn’t America without an auto industry. You can argue whether $14 billion would have saved it, but your actions surely could have killed it.
We have grease on our hands.
You have blood.
Kill the car, kill the country. History will show that when America was on its knees, you lawmakers wanted to cut off its feet. How does this happen in America?
Suddenly, the worker is the problem? Suddenly, unless union members, overnight, drastically slash their wages with a hard deadline, you pull the plug on an industry?
Suddenly, Detroit is the symbol of economic dysfunction? Are you kidding? Have you looked in the mirror lately, Washington?
In a world where banks hemorrhaged trillions in a high-priced gamble called credit derivative swaps that you failed to regulate, how on earth do we need to be punished? In a bailout era where you shoveled billions, with no demands, to banks and financial firms — who created the problem in the first place — why do need to be schooled on how to run a business?
Who is more dysfunctional in business than you? Who blows more money? Who fashions and molds its work based on favors and pork and traded compromises?
At least in the auto industry, if folks don’t like what you make, they don’t have to buy it. In government, even your worst mistakes, we have to live with.
And now Detroit should die with this?
In bed with the foreign automakers
Kill the car, kill the country. Sen. Richard Shelby, Sen. Bob Corker, your names will not be forgotten. It’s amazing how you pretend to speak for America when you are only watching out for your political party, which would love to cripple unions, and your states, which house foreign auto plants.
Corker, you’ve got Nissan there and Volkswagen coming. Shelby, you’ve got Hyundai, Honda, Mercedes-Benz and Toyota. Oh, don’t kid yourself. They didn’t come because you earned their business, a subject on which you enjoy lecturing the Detroit Big Three. No, they came because you threw billions in state tax breaks to lure them.
And now — this is rich — you want those foreign companies, which you lured, and which get help from their governments, to dictate to American workers how much they should be paid? Tell you what. You’re so fond of the foreign model, why don’t you do what Japanese ministers do when they screw up the country’s finances?
They cut their salaries.
Or they resign in shame.
When was the last time a U.S. senator resigned over the failure of his policies?
Yet you want to fire Rick Wagoner?
Who are you people?
More money for the lords of Wall Street
There ought to be a law — against the selfishness and hypocrisy our government has demonstrated. The speed with which wheelbarrows of money were dumped at the feet of Wall Street versus the slow noose hung on the auto companies is reprehensible. Some of those same banks we bailed out are now saying they won’t extend credit to auto dealers. Wasn’t that why we gave them the money? To loosen credit?
Where’s your tight grip on those funds, senators? Or do you just enjoy having your hands around blue-collared throats?
No matter what the president does, history will not forget this: At our nation’s most uncertain hour, you stood ready to plunge tens of thousands of families into oblivion. Push them onto public payrolls, unemployment, no health insurance. And you were willing to put our nation’s security at risk — by squashing the American manufacturing we most rely on in times of war.
And why? So you could stand on some phony principle? Crush a union? Play to your base? How is our nation better off today now that you kept $14 billion in the treasury? Are you going to balance the budget with that?
Don’t make us laugh.
Kill the car, kill the country. You tried to slam a stake into the chest of this business, and you don’t even realize how close to the nation’s heart you’re coming. Shame on your pettiness. Shame on your hypocrisy. This is how we behave two weeks before Christmas? Honestly. What has become of this country?
Contact MITCH ALBOM at 313-223-4581 or malbom@freepress.com. Catch “The Mitch Albom Show” 5-7 p.m. weekdays on WJR-AM (760).
Actually, the current administration or the one coming in could create a bailout with requirements that match what would occur in a Chapter 11 while softening some of the harsher aspects of a true Chapter 11 filing. Frankly, they can do whatever they want to as they have the money so they call the shots.
Accountable
Well-Known Member
The car industry killed the wagon industry, and it screwed the innocent blacksmiths, wheelwrights, etc etc. I see it as a sharp pain now or delayed pain that will hurt for decades. I trust our entrepeneurial spirit more than our legislature.
Accountable
Well-Known Member
The money is fiction. Where's all this money coming from? If they had trillions in their back pockets we wouldn't be in a deficit. Who are we selling our gov't and our future to?
It will screw a hell of lot more than just suppliers. It will screw this nation and people by the millions.
I don't understand this attitude of some that they are just unaffected spectators , above the damage ?.
>f
Alien Allen
Froggy the Prick
It will screw a hell of lot more than just suppliers. It will screw this nation and people by the millions.
I don't understand this attitude of some that they are just unaffected spectators , above the damage ?.
>f
how quick we are to throw them under the bus
where is the outrage from the congress about the massive tax breaks that the foreign companies got to build plants down south.
who gave millions to both Katrina and 911. It sure was not Nissan and Toyotas
Who was it that rose to the challenge to retool during WWII ??? Without the auto industry we would have lost that war.
It is all fucking lunacy the way the big 3 are being singled out while AIG and the banks got 100 times the money the big 3 is seeking and without any friggin strings. what a bunch of bull shit
You answered your own question, the money will be borrowed hence the reason for the deficit (which isn't "trillions" btw).
Accountable
Well-Known Member
Over $10 trillion and counting. U.S. National Debt Clock
"The money will be borrowed" from whom?? Who will own us?
Do you realize that Shelby gave over 3 billion in perks and benefits of tax payer money to get Mercedes into his state? I can understand wooing business in since it's good for the local economy. But if you break it down, it cost $225,000 for every job that was created and the tax burden on the local government was so high that property taxes rose for everyone else. How can that be justified?
Alien Allen
Froggy the Prick
There was a boatload of tax breaks given in the south
It works. We have had a log of movies being filmed here because MI gave tax breaks to filmakers
Like I said, I can understand the practice of giving tax breaks and such to get business into your community... But at the cost of $225,000 per person employed? I don't see them making that money back anytime soon. Not to mention the tax breaks they will be getting for 20 years... shear lunacy.
Alien Allen
Froggy the Prick
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