Comments on: Is the Auto Bailout a Good Thing?

By: cygnus business media

cygnus business media — Tue, 16 Mar 2010 12:27:10 +0000

[…] In an interview after DiMassimo’s presentation, Carr Davis, co-CEO of Cygnus Business Media Inc. …RVTradeDigest.com Blog Is the Auto Bailout a Good Thing?RV Weekly: Is the Auto Bailout a Good Thing? … They do not necessarily reflect the opinions of RV […]

By: Dick May

Dick May — Wed, 31 Dec 2008 19:16:56 +0000

We should all be upset to this so-called bail out. this money that they are handing out, belongs to the tax payers, these companies who are yelling for help, got themselves in their present predictament. through mis-management, these so called hot shot leaders of these companies are thinking of themselves and not of the welfair of our economy, and the tax dollars they are seeking to bail out the holes they have dug for them selves. Our so called leaders in our present Goverment are being sold a bill of goods, that we the people are going to loose big time. these companies can’t guarantee that these loans will be payed back. all they have to do it take the money and file bankruptcy a few months later, what will our leaders do then. with over $300 billion given out to these so-called companies, we ought to let them go bankrupt now, spread that $300 billion with the paying tax payers, that would give the common man over $300,000 each, which they could use to pay off there mortgages, buy new vehicles, our housing problems would go away, our auto industry would be behind in demand of new vehicles. and lets face it, our goverment doesn’t give the common man a break. so when they hand out this money to the tax payers, they can tax each person 25% on the money, deduct it up front before sending out the checks. the goverment would get back about 1/4 of this money, back into the treasury which would help to pay off part of our national debt. but do you think our Reps in goverment would think of this. I think not. their to stupid to think about the overall picture, which would help out the common man.

By: Philip Overbeck

Philip Overbeck — Mon, 29 Dec 2008 21:19:39 +0000

The only way to fix the car industry is to let the manufactures go bankrupt so they can get rid of the archaic unions rules to achive parody with the foreign car manufactures.

By: Ray Sayer

Ray Sayer — Tue, 23 Dec 2008 16:58:31 +0000

Track the money back, you might find some of it gets back to the to the folks handing it out. Rember one hand washes the other if a little bailout cash sticks to them both all that could be done is to wipe those hands in your pockets to be rid of it. What is a little graft amoung friends?

By: Ike Mason

Ike Mason — Tue, 23 Dec 2008 13:57:52 +0000

Sometimes the best way to help someone is not to. I feel that a government backed bankruptcy would be the best thing for the auto manufacturers. Insuring that warranties are maintained while allowing them to reorganize or even sell. Maybe Buffet wants to build cars too. Union labor is the biggest factor in their demise.
Building cars with 70+ dollar a hour labor and then trying to sell them to consumers making 15 dollars a hour.The RV industry will not get any help at all. We are a lot more reluctant to take on a new manufacture do to the chances that they will not be around next year.