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Senate Republicans Kill Auto Bailout Bill


Business  (tags: Detroit's Big Three, Bailout, Republicans )

Kristi
- 2037 days ago - latimes.com
A last-ditch attempt at compromise fails, increasing the risk of bankruptcy for one of Detroit's Big Three and more turmoil for the overall economy.



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Comments

Dale Husband (126)
Saturday December 13, 2008, 7:57 pm
Normally I would be happy about corporations crashing to the ground, but with many thousands of workers losing their jobs as well, this is not anything to celebrate.

American auto makers, stop making SUVs and other gas guzzling monsters and move on to hybrids NOW! Learn to enrich yourselves more than the oil companies! If people aren't buying your products now, you failed to give them what they wanted now. IDIOTS!
 

Mary Donnelly (46)
Sunday December 14, 2008, 1:10 pm
In the same way that Congress should have bailed out mortgagors instead of mortgagees, it should have bailed out auto workers instead of auto makers. Bailing out nobody simply adds to the continuing crises on this planet.
 

Linda B. (71)
Sunday December 14, 2008, 2:34 pm
I very much agree with the comments posted.
 

Locan Sleeping-Squirrel (209)
Monday December 15, 2008, 9:01 am
Well said, Well put.
 

Carol W. (119)
Monday December 15, 2008, 10:57 am
Unfortunately the auto unions grew insane. 90 percent pay when laid off. Unable to fire workers sleeping on pallets, calling in sick repeatedly, and being paid extraordinary hourly wages with extensive coffee breaks.

I worked with Ford and was told, "slow down, learn the union walk. leave work for the next shift. lets get another coffee.":
I also worked at a grocery store in college that was unionized where a black young man had been a bagger for over 2 years. Another woman and I took it to the union and he was instantly promoted (as he should have been a year earlier) to cashier and better pay.

I just do not know what to make of the auto unions. The employee's I know' go to work high, leave when they want too, and can not be fired.

The grocery store union was a life saver for a minority man who was being abused and taken advantage of.

It's not just the SUV's. It is the Union Wage Abuse's and 'lack' of any worker ethic or integrity.

This is my experience and my thoughts.
 

Linda B. (71)
Monday December 15, 2008, 1:14 pm
Too many unions really have gone awry. Growing up on the east coast, it was almost a right of passage to work for your father or uncle's union. Family members got priority, and you had a job for life. The pay and benefits were almost unreal - WAY more than a 'regular' job.

If you worked for US Steel, you were the envy of all. That's one reason why cars cost so much, I'm sure.

BTW, US Steel, where I lived, went under years ago. That large plant now manufactures those massive wind mill blades. Now that's progress!
 

. (0)
Monday December 15, 2008, 3:21 pm
If its a choice between workers,getting a little greedy,and employers getting a lot greedy,then i'm on the side of the workers.I can't comment on those indvidual cases Carole,but i've no problem with the wealth being spread around,it so rarely happens anymore.
I do know that my dad was a carworker,a shop steward and worked very long shifts,he also had a big work ethic,with real pride in whatever he made-I know that from his ridiculously high standards at home.The workers virtually ran the plant,and very skilled they were too.If people like that aren't being well rewarded,then they are being ripped off.
Without unions,we would have had Victorian wages,as the history prior to union recognition shows..in the 50s and 60s these rough,tough,smart guys,and the rough,tough,smart women, joined together to get a share of the good life-and I respect that.
Of course when people get decent wages,things cost more,thats why id rather buy FairTrade than Walmart/Asda..while I can..than rip off the next person.
Now that the good times are ending,due to the derugulation of the elites,by the elites,everyone may have to take a dip in earnings,already in the UK,workers have offered to work for less,to safeguard they're jobs-I can understand that ,so long as the cut is across the board.
The Reps though,are engaged in class war,and have been for a long time,the Dems,are a slightly ,more humane party,but I wouldnt trust them..If we look at the Reps record re tax cuts,tax incentves, minimum wage stagnation,exporting jobs abroad,derugulation and universal healthcare-its clear that they "hate, hate, hate" the working class.
Its because of poverty wages,and spiralling healthcare costs,that the world is crashing economically,if those sub-prime mortgage holders,had been on good wages,with lower overheads,there would never have been a crash.
The Reps look after they're own class...and to hell with the rest.
 

Dorothy D. (54)
Tuesday December 16, 2008, 12:03 pm
"Senate Republicans Kill Auto Bailout Bill" = Repubs vs. UAW = the US economy and workers be damned.
 
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