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Kaelin  (Level: 49.2 - Posts: 1685)
Wed, 19th Nov '08 8:17 AM


If our lame duck congress votes to bail out the auto industry - since it's taxpayer dollars can we get a car in every garage?

I realize there may be some auto workers here so please understand this is not to harass you - but I'm sitting here listening to and reading about the private jets and 28 million+ dollar salaries -- I'm thinking there could be some belt tightening here that would keep the taxpayers from funding a bailout - somehow I don't see the prices of cars being lowered to affordable to "pay us back" - maybe I'm wrong...slam as you will

Revdodd  (Level: 68.7 - Posts: 775)
Wed, 19th Nov '08 8:22 AM

Actually, it's an interesting concept, with modifications.

Agree to bail out the auto folks, predicated on their being able to create a 50 mpg car within 5 years.
Then offer a substantial discount on the price to folks who pay taxes. Heck give one to the folks who are paying more under the new tax structure. The kicker is they must turn in a car that gets worse gas mileage.

Everyone gets a new car, America uses less gas, reducing our national debt, the industry is saved and moving in a new direction.

Works for me.

Tuzilla  (Level: 130.9 - Posts: 3769)
Wed, 19th Nov '08 8:27 AM

Autoworkers are not administration. They have taken concessions in 3 contracts. Much of the industry data is slanted so anti-union types like Richard Shelby can gleefully try to bust the union.

You need to take a history class about HOW we won WWII. It was not with better trained, smarter, seasoned soldiers. IT was with our industrial base supplying them with everything they needed. If the Germans or Japanese shot down a plane, 3 news one arrived the next day. Same for tanks, cannons, general equipment stores. We are giving away our industrial base with free trade agreements that make multi-national companies rich, make corrupt governments rich, DO NOT help raise the lives of workers in the other countries. Wages are the same or lower on the Mexican border now than they were pre-NAFTA, as example. SO let's give away our last big industrial base, the auto industry. I bet if we get into a real large war, Honda, VW and Toyota will build all this stuff for us if we ask real nice.

Caramel1  (Level: 126.0 - Posts: 21555)
Wed, 19th Nov '08 9:06 AM

Personally, I am thinking of not making my mortgge payment for 3 months so the government will get the amount I owe reduced and help me mke my payment. Most likely because of what has been instilled in me all my life won't do that. I am just totally baffled as to where it all ends and who ultimately foots the bill-another hread wich I started somewhere. I was a union member and am not a union basher but it seems to be an undisputable fact that southern states which are nonunion can produce cars at a price Detroit cannot. It has also been pointed out that those southern workers are American and are still makig more than the average workers here. Sure-fire the execs but tha t will stilll not make Detroit able to produce a competitively priced car- BAFFLED.... Linda

Pennwoman  (Level: 152.3 - Posts: 2478)
Wed, 19th Nov '08 9:37 AM

Think there is any chance I can get my house back? The people that snapped it up, have put a tacky wreath up and it causes me pain to go past it all the time. Funny, I tried to hard to make a least partial payments... if I had known that skipping 3 months would have gotten me help, maybe I could have held on longer...
The good news is I am not the only one, it feels better to be in the herd rather than be the only one stupid enough to lose the home that you raised your kids in. And in case I would forget for a moment, that I lost my house, there are the constant ads about credit reports, the assurance that there will be mortgage help for those in trouble... just not those who have already been defeated. So, yeah, skip your payments, maybe you can get a better rate,
Wait we were talking about Detroit...

Kaelin  (Level: 49.2 - Posts: 1685)
Wed, 19th Nov '08 9:48 AM

Kaelin  (Level: 49.2 - Posts: 1685)
Wed, 19th Nov '08 10:09 AM

Looks like this is getting around fast - just had a friend email me this

I am asking everyone who reads this to scotch tape a penny to a card and mail it to the:

water department
city of attleboro
77 park st
attleboro, ma 02703
credit to account of: Eileen Wilbur

can you believe this, threaten to put a lien on her house over a 1 penny
past due balance, it cost them more than that for the stamp!


Mass. Town Threatens Blind Woman Over 1-Cent Bill

ATTLEBORO, Mass. (AP) ― A 74-year-old blind woman was shocked when her
daughter found a letter from the city saying a lien would be placed on her
home unless she paid an overdue water bill.

The amount? 1 cent.

Eileen Wilbur told The Sun Chronicle of Attleboro the letter sent her blood
pressure soaring, and pointed out that stamps cost 42 cents.

City Collector Debora Marcoccio said the letter was among 2,000 sent out. A
computer automatically prints letters for accounts with an overdue balance,
and they are not reviewed by staff before being mailed, she said.

The letter warned of a lien and a $48 penalty if the overdue bill is not
paid by Dec. 10. The charge was from the previous fiscal year, which ran
from July 2007 to July 2008.

"My question is, how come it wasn't paid when the (original) bills went
out?" Marcoccio said.

Wilbur's daughter, Rose Brederson, who discovered the bill in her mother's
mail, called the situation "ridiculous." But she said her mother, who has
lived in the home since 1959, would likely end up paying the penny.

Spacecat  (Level: 157.1 - Posts: 666)
Wed, 19th Nov '08 12:25 PM

This post was "AN AFFORDABLE CAR IN EVERY GARAGE"not a FORD in every garage. Let the big three automotive giants die a painfull death that they deserve. In its place will come other companies with cheaper cars. Ever hear of the NANO by Tatas it would cost about 4 to 5 thousand if modified to Ralph Nader standards. Suzuki has sold millions of 7 thosand dollar US cars in Russia. A less expensive car. A bailout promotes the greed at the top end of these companies. $600,000 in salary with 68 million in bonuses. I have no problem with what the assembly line workers earn. The end result of a bailout is more expensive cars. Remember the YUGO?

Bbear  (Level: 159.3 - Posts: 2301)
Wed, 19th Nov '08 12:35 PM

Explain the YUGO thing. If I recall it was a piece of junk that the nice folks from Yugoslavia made for American suckers who loved the idea of a 4,000 dollar car, even if it totally crapped out at 40,000 miles. How is bring that back going to stimulate the economy?

I vote for only giving money, if indeed we should give them a red cent, if it goes directly to the manufacture of cars that get 70 miles to the gallon and only if the executives agree to accept no bonuses until every penny is paid back.

Yea, I know, pie in the sky thinking.

Redwingchick  (Level: 91.1 - Posts: 420)
Wed, 19th Nov '08 12:42 PM

I'd rather send the penny to the woman herself. Wonder if I could Google her address.

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