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Roon (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:33 AM Original message |
Failure of auto industry could set off catastrophe |
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Triana (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:35 AM Response to Original message |
1. The pigshits would LOVE to leave Obama with that to deal with...I think they're gunning for it. n/t |
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SpiralHawk (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:39 AM Response to Original message |
2. "Catastrophe? That's our republicon speciality. Smirk." - Commander AWOL |
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Gman (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:40 AM Response to Original message |
3. The RW talking heads are saying let GM go out of business |
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Donnachaidh (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:10 AM Response to Reply #3 |
5. NATIONALIZE the big three |
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HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 07:41 AM Response to Original message |
4. Equally probable--billions spent on auto bail-out COULD be a complete waste. |
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sutz12 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:14 AM Response to Original message |
6. The catastrophe was "set off" a long time ago... |
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Hubert Flottz (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:16 AM Response to Original message |
7. Two steel plant in this area are already shutting down. |
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INdemo (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:48 AM Response to Reply #7 |
13. Are those shut downs just temporary? |
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Hubert Flottz (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 09:21 AM Response to Reply #13 |
17. So far it's temporary but they are saying that if things don't change |
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rdublue (163 posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:20 AM Response to Original message |
8. If they bail out the Auto industry, there will be no qualified oversight |
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SammyWinstonJack (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:26 AM Response to Reply #8 |
9. And apparently the private sector isn't capable of running the private sector, either. |
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Wapsie B (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:31 AM Response to Original message |
10. Who's to say the auto industry wouldn't take a cue from the banks |
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nebenaube (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:36 AM Response to Original message |
11. gee |
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Kokonoe (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:48 AM Response to Original message |
12. The bailout is less than the tax revenue that would be lost.. |
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pampango (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 09:14 AM Response to Reply #12 |
16. One issue seems to be whether a bailout or bankruptcy is a bigger threat |
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Auggie (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 08:57 AM Response to Original message |
14. Could? It will. What about the millions of retired autoworkers living on pensions? |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Thu Nov-13-08 09:09 AM Response to Original message |
15. Let it go. Let it blow up, let it explode, then come in and rebuild from the groundup |
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