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Bailout Progress??

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Old Dec 2, 2008 | 01:19 PM
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Bailout Progress??

Ford Says CEO Will Work for $1 to Get Loans- Yahoo! Autos Article Page

GM says CEO will drive to Washington: Financial News - Yahoo! Finance

In the second article I can only assume the dodge guy didnt say what mode of transportation he was using, cause no one knows if the damn dodge will make it there without breaking!! (J/K)
 
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Old Dec 2, 2008 | 03:10 PM
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I see the Ford CEO will be in a hybrid Escape, the GM guy will alternate between a Malibu Hybrid, Cobalt and a Buick sedan that run's on E85 fuel.

I bet the GM guy will travel most of the way in the big Buick sedan...comfort and quiet over the smaller , stripper Cobalt.
 
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Old Dec 2, 2008 | 03:21 PM
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I would definatly drive a buick over a cobalt too.

Do you think its a small step in the right direction at all?
 
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Old Dec 2, 2008 | 09:06 PM
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Originally Posted by preppypyro
I would definatly drive a buick over a cobalt too.

Do you think its a small step in the right direction at all?
I do think it is a small step in the right direction. It will make CEO's aware and concerned about their conspicuous consumption, but also probably make them more careful to be inconspicuous in their consumption.
 
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Old Dec 2, 2008 | 10:59 PM
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Yeah i never looked at it how you said it last. I hope that doesnt happen.
 
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Old Dec 3, 2008 | 06:09 PM
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Taking money from taxpayers to give to corporations so they can pay unions to upkeep the standards they made for the members of the automaker union. So the taxpayer money will get spent faster then a new student loan. The corporations will countinue to sell cars while not making money off of them. Our tax dollars will be gone with no deductions in sight and the union will be back at square one and eventually be forced into making concentions but it will be too late the corpoartion will go bust the union will decengrate. But the taxpayer money will be spent and the nation debt will still be growing.

Long story short Merrytacular Christmas.
 
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Old Dec 3, 2008 | 06:25 PM
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Ryan, what do you think of the whole spin off company deal?

Morris has pointed out that in a few different threads, and its a good point. If the bailout doesnt happen, all sorts of companies will lose business.

How do you know the big three wont be able to keep selling vehicles?

(I have the same view on it as you, but tossing out some questions )
 
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