Obama endorses a $4b bailout for the Big Three (auto, gas, Chrysler)

[brikag]

The MI democrats asked for this bailout. McCain refused. Obama Endorses. Would this help Detroit? Or is it putting a band-aid on a laceration? The way the auto industry is going, is it worth it?

[Rickers]

My tax money to bail out wasteful unionized companies who pay their executives multi million dollar salaries + bonuses ! Obama is a greenhorn who is just a little too wet behind the ears to be in charge of the white house.

[Steve-o]

Originally Posted by brikag

The MI democrats asked for this bailout. McCain refused. Obama Endorses. Would this help Detroit? Or is it putting a band-aid on a laceration? The way the auto industry is going, is it worth it?

Waste of money. Might as well patch up a leaking dam with some bubble gum.

[burdell]

Originally Posted by rickers

My tax money to bail out wasteful unionized companies who pay their executives multi million dollar salaries + bonuses ! Obama is a greenhorn who is just a little too wet behind the ears to be in charge of the white house.

Right! THAT's what your gas money is for

[sean98125]

Hey, it worked for Reagan and Chrysler.

[burdell]

Originally Posted by sean98125

Hey, it worked for Reagan and Chrysler.

That was only a loan guarantee, I haven't read what Obama's plan is.

[Sayantsi]

How many billions have we given to Iraq? $4bil for the auto companies is pocket change.

[Drover]

Care to post a link to some details about this so-called bailout plan?

[burdell]

Originally Posted by Sayantsi

How many billions have we given to Iraq? $4bil for the auto companies is pocket change.

Many, when the $$$ go overseas, refer to it as foreign policy.

When it goes to Americans they refer to it as welfare or Mothers hide your daughters........................socialism

[yo vanilla]

And to think I used to really like Obama. Now all I can think: what a spendaholic salesman idiot he is.