[70th Division]

You would think differently if you lived in Michigan.

[Conservativegreatgrandma]

Do you live in MI? I feel very sorry for the effects of this but at this point, I see that the positive effects of this bailout would probably be short term and then we'd be back to where we are now.

I've been asking the question of exactly what are the auto companies going to do with the money.

I want to know. What good does it do to build one car if no one buys it?

If the goal to build cars or is the goal to pay off debts of the auto makers? I don't know. I want to know.

A bit of encouraging news: I heard on TV today that the Cadillac Escalade is the number one car target of theives. This must mean there's a demand for the cars. At lease someone is willing to steal them.

I'm not trying to be funny. These are legitimate questions that I have not heard anyone ask.

[Bob Buchholz]

You would think differently if you lived in Michigan.

I don't think so. Did you support bail outs for Eastern North Carolina when the tobacco farms tanked, and the textile mills went to China, and the furniture makers went to Mexico?

[Cicero]

I honestly think it would be better for Michigan, as well as the whole country, if the Big Three went into bankruptcy receivership. That way, they might be able to get out from under a freightload of impossible obligations and union rules, and start over again on a workable basis.

Tough on the UAW workers, sure. But they’ve been building up to this for the past 50 or 60 years. It won’t help to encourge more of the same.

[RinaseaofDs]

No, actually, I wouldn’t.

Unless you are looking at this as buying enough time to get out of the state, those companies are DEAD. As long as the union and the government are involved in running those companies, it’s over.

We can’t AFFORD to bail them out. It’s that simple. Real GDP - actual, measurable GDP since 2000 has declined about 13%. Real buying power has dropped by about 10% since 2000. If we don’t let these businesses fail, then we will ALL go down with them.

That simple.

[AmericanHunter]

“You would think differently if you lived in Michigan.”

I live in Michigan and am 100% against the “bailout”.

[proud2beconservativeinNJ]

No bailouts for anyone/any company/any state.

[DouglasKC]

You would think differently if you lived in Michigan.

I'm from Michigan. Short term letting the industry fail will hurt. But long term it will be a good thing because it may serve to help break the union stranglehold in our state by getting that entrenched system out of here. Let them fail.

[dearolddad]

Have you seen this?

COBURN: In 2007, GM sold 9.37 million cars worldwide. Toyota, that same year, sold 9.37 million cars worldwide. GM lost 38.7 billion. Toyota made 17.7 billion. Therein lies the problem