[Tsar]

Originally Posted by BigAls87Z28

Work in the auto service industry long enough, you realize that a lot of people, like you say below, dont know **** about cars. Look at the blame Ford and Firestone both got for the blowouts in the mid 90's. Soccer moms driving around on 15 psi in thier car, on teh cell phone, yelling at kids, and a squirel pops onto the road. But no, blame was put on Ford for making weak roofs, and Firestone had to recall millions of tires due to weak sidewalls.
But you know what happend? Its not a LAW that every automaker has to put TPM sensors in 07 and future vehicles so that people dont kill themselves.

I never disputed the fact that people are stupid.

I dont blame them for not trying GM again, but some people take that as All GM or all domestic cars are crap. Or even worse, they know of someone who purchased a GM and had problems and use that small example as a reason to never buy. It also goes both ways too.

People who simply rely on a word of another are ... well look above at my previous answer.

You can look at the poll on this board.
I have not seen a poll saying either way, but support for bailing them out in Congress is what is important.

You're not good with poles and such, are you? The poll of this website is irrelevant because it's bias. For any pole to be relevant it must sample random number of people, not people who have a car hobby and are interested in seeing GM succeed. Also unlike timmay believes we do not need to ask everyone to get the "big picture" we can have a sample of random people. But we have been over this before.

No one wants too. But inflation is something that our goverment can deal with, we can bring that back down, we have done it before.
All day on CNBC they talked about it.

I do not see them dealing with it right now. And what happens when the debt becomes too great? What happens when US defaults? What are you gonna say then?

Its not overnight. Its not gunna happen right away. But they are developing ways to slim down. GM is at a disadvantage because they have a lot of brands. But the money to cut down on divisions, the money to cut down plants, the money to inject into existing plants to make future product, is not there.

They should have thought about that BEFORE they were about to go out of business... One of the clauses in articles of Incorporation in any corporation states that the business will be run for PROFIT. Usually corporations that do not turn profit are dissolved because, well they are not profitable. Look it up, its a bawl to read.

Inflation has only just become a problem.

Well Mr. economist maybe you will educate me but hasn't the US ran a deficit for the past 8 or so years? Where do you think the money comes from, besides China that is, THE PRINTING PRESS! Maybe you can remind me again what happens when you print trillions of dollars that you do not have. Um...how about what happens when you are unable to pay your debt? ok go go go.

Well, then thats the answer. 3 million people can just work at Wal Mart.
Outside of Walmart, every other retailer is having problems. Retailers are ready for a poor holiday season.

You're either a really stupid or you just cannot be separated from GM's nutsack, which one is it?
Every single person out of that 3 million will be out of a job? No, they will find something different, some will work for Toyota or something. Some will work for UPS, granted they will have to adjust from putting a screw in a hole to packaging boxes but I believe they can make it. And omg some will have to work at wal mart and other food retailers to make ends meet. Some will be unemployed, but that's the way life works. Bad companies go out of business and some good people lose their jobs - no doubt eventually they will find a new one.

Ok, so you know what? Im satisfied that even though the Backbone American Industry and Economy will go bankrupt, either Chap 11 or Chap 7, that everyone will be just fine because there are a few thousand jobs out there to take up the slack.

Few thousand jobs that I found in less than a minute. As stated previously, if you are one dimensional and you can not do anything besides assemly work for 74 bucks an hour than you have screwed yourself. I will not feel sorry for you, because you have failed to diversify yourself.

Lets not worry about the massive forclosure numbers that will happen when people have thier income slashed in half. Lets not worry about the draw on unemployment.
It will be a seemless transition and things will be better.
Thread over.

Yea let's rather make out money worthless! Good solution! BTW responsible people save money, so when they need extra cash they can go to the bank and get some. If all of the 3 million people were not responsible enough to foresee possible unemployment or layoff than well, it's their fault. Personal responsibility is a wonderful thing!

Cant, your credit score isnt high enough, and you dont have a job, so stick with your firebird.

That's not the way to do business in America today. The new way is: I buy a Ferrari, and when I can't pay for it, I will ask you for a hand out and you will be happy to give it to me! Get it right, geez.

Well, thats it. People are lazy, people are stupid, and people are dumb.
Good thing Walmart is hiring.

If US was running a surplus budget I would have no problem with any bailout, after all we have extra money. But printing money just for the hell of it, when we are already in a deficit, and making everyone future more ****** because of the actions of the few is just plain irresponsible. Not to mention a possible default if the printing press continues to run, have you ever lived through that? I do not think so, but I have. Cheers.