I did not believe in the bail out, because I have a small business and know the government would never come by my rescue if I had to close my doors. Car companies have made millions for years; they should have saved for a rainy day just like I was told to do. I hate to see people lose their jobs and see the cars I have grown up with go away. We can't keep printing money without having gold to back it up. The car companies can file their bankruptcy and continue to build their cars. If they develop new hybrids and other fuel-sippers and convert old SUV plants into factories turning out hot cars able to compete with those from Toyota and Honda. Then maybe they will be successful again. All America's are going to have to learn to be leaner in the next few years. The UAW members need to realize in order to have jobs they need to come to grips that thirty-five dollars per hour, unbelievable work hours and great benefits are not a reality to make this happen and be successful.
A job is better then no job.
Show All Comments
Sort:
Linda Lipscomb RE/MAX Lexington Henderson County TN - Lexington, TN
731-695-1118, Lexington TN Homes
Candace,
I am not a supporter of a "Bailout" for anyone. Easy come, easy go. And is that evident by how the money is being used. The path of least resistance. Government intervention should be our last resort, not our first.
Hard work and sacrifices are required to get back on track. We have all lived "the good life" for years. OK....so this year we will not eat as much lobster.
Dec 28, 2008 12:32 PM
KW Realty Centre-Columbia, MD - Columbia, MD
I agree with you. My wife had a small business on the California coast. Slides caused one of the two main roads into town to close for several months. Many small businesses failed, and others suffered. Nobody bailed these merchants out, and many of them lost their life savings. Why are only the very large and influential businesses bailed out? If we had to suffer the consequences of "bad luck", mismanagement, or whatever else, why not them? I don't happen to believe that this was done to save jobs, either. I think it was lobbyists "influencing" congressmen.
Dec 28, 2008 12:33 PM
Keller Williams Boise - Boise, ID
Boise Idaho Real Estate
The secret to getting your bailout is growing so large that your failure will drag the economy down with it. Once you have obtained that size and stature you can act as irresponsibly as you want and sound business practices are no longer necessary.
Dec 28, 2008 12:40 PM
Vizion KC - Kansas City, MO
Kansas City Real Estate Investments
I like that "a job is better than no job." My fear is that since they have already gotten the bailout it will only be the beginning. I'm almost certain they will be back in less than a year needing more money.
Dec 28, 2008 01:44 PM
Comments(4)