Bailing out GM

[striperman36]

i agree with NEBE, one way or another it's going to cost you and me billions. Why not try and get something out of it.

And you know if our reps and senators have their way, this will be an easy way to buy some votes are our expense.

Let's just nationalize all the auto manufacturers, their spin off subsidiaries, their suppliers and the dealer network.

And oh, throw out the union agreements with them all.

Cancel all the pensions and accumulated retirement savings of their workers.

Just like everybody else is.

[striperman36]

Oh and in case you didn't know

According to CNN

'One of the officials noted that about one in 10 jobs in America is tied to the auto industry and that if one of the companies goes bankrupt, it could have a massive spillover effect in the credit industry and other sectors'

And another
Unless recalled to DC. Congress is out of session until after Jan 20th 2009.

[ROCKFISH]

How about we give every family, a check for 20 grand, good towards the purchase of any new American car. That would bail out the automakers real quick and help the people as well.

[BigFish]

ROCKFISH for President!! Thats a great idea!