Obama says Big Three automakers must not fail (Zero wearing dead albatross around his neck)

Market Watch ^ | 12/07/08 | John Spence

[TigerLikesRooster]

So his first two major policy decisions are Big3 bailout and $1 trillion public work project?

Obama is dying to wear dead albatross around his neck. We should encourage him, and watch him drown. This decision will haunt him for a long time.

[TigerLikesRooster]

Ping!

[GeorgiaDawg32]

ya know, it’s funny..NON-union foreign manufacturers in the south are purring along with no problems..

these guys make it seem as though the domestic manufacturers are our only choice..

they need to take a lesson from honda, toyota, kia and the rest who have built, or are building, new plants all across the south. these companies are hugely successful..

IMHO..

[Da Coyote]

I know you were referring to Zero Mostel, but it’s interesting that the Obamaloon is also a zero.

[Monsieur Poirot]

I just heard O on the radio saying the big 3 still need to make changes and concessions. The only specific thing I heard was “the CEO total comp. package is still way out of line.” Yeah! THAT’S the problem.

This is going to be FUN!!!!!!!!!!!!!!!!!!!! to watch. The dems want to save the big 3, BUT THEY ARE FORBIDDEN TO EVEN MENTION!!!!!!!!!!!!!!! WHAT IS KILLING THEM.

Like I say... FUN to watch.

[silverleaf]

“We” are giving them $15 billion dollars to go away until february- then they’ll be back, broke again, the economy should be even worse by then

Meanwhile the EPA and a bunch of marxists that never ran a lemonade stand in their lives will help them re-do their business model

BOHICA

[Paladin2]

Why shouldn’t 0be bring back Packard and Studebaker while he is at it?

[avacado]

Obama is also going to have over a $1 trillion dollar deficit in fiscal 2009 and 2010 should top that.

[TigerLikesRooster]

I see a coming confrontation between Obama zealots and UAW goons.

[silverleaf]

maybe they can re-tool the Edsel line and rename it “the Obama”

[Delta 21]

With the rush to claim him as messiah, president-elect, and savior of the new world order, what else can I do but set back and watch the carnage unfold. Every media outlet is nothing but doom and gloom for the last 25 years, but I ‘spect it will radically change now that we have him to save us from ourselves.

Popcorn, anyone?

[Skid Marx]

This decision will haunt him for a long time.

It will haunt everyone, in ways nobody has imagined yet. I woke up this morning listening to Chris Dodd dictating management policy to General Motors. This cannot turn out well for anyone.

[iopscusa]

BOHICA? What is it? The problem is a lack of confidence and BO thinking he has any answers...as the OBOTS like to say, but BO is the smartest person ever to be elected.

[sickoflibs]

RE : ‘are Big3 bailout and $1 trillion public work project?’

Dont underestimate democrats ability to win, and republicans to loose.

[Delta 21]

There sure wasnt this kind of non -union outcry when Boeing was bitching and moaning about not getting the tanker contract. I hope it sticks, or at least someone is paying attention in the big union offices. (Yeah, right!)

[Skid Marx]

...a coming confrontation between Obama zealots and UAW goons.

Aren't they one in the same?

[Delta 21]

HEh heh

[quack]

I agree.They must not fail until I sell all of my shares that I bought at $1.45.

[FrankR]

"Obama is also going to have over a $1 trillion dollar deficit in fiscal 2009 and 2010 should top that. "

He'd just blame it on Bush...Bush will be his scapegoat for everything that is bad, and his obamabots will buy it hook, line and sinker.

[tobyhill]

To file bankruptcy is not ending failure, it's reorganizing to make sure the previous failure causes is rectified.