Bailing out is BS and doesn't work. The problem needs much more money that we just don't have. (See all attached articles)

Check out fdrs.org for more information of how the Bankers are robbing everyone. It's all just one big fraud.

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Well, you should know that the fault... The people who created this mess were the bankers. They had to print out money to pay for the dead loans, and loan that out to make more money, and pay off dead loans on that.. It's a never ending cycle. + INTEREST. They tricked us into allowing them in our government, and this is what they have created for us. Economic Slavery.
You see, regular slavery requires you to feed the slaves. Economic Slavery requires the slaves to feed themselves. If it had not been for them, we would not be competing for jobs with other people, there would be enough to survive on. It's their doing.
Source(s):
http://www.huffingtonpost.com/2008/09/29/fed-pumps-further-630-bil_n_130289...

http://www.youtube.com/watch?v=Aiq3I0o_SHA

http://fdrs.org/

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That would depend on what part of the country you are a senator from bud.

If you live in Detroit well..
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I can't say whether they stand to benefit or not. You have to look at who's paying for their campaigns and how they stand to win or lose from an auto bailout. While you're doing that, do the same for all the people who voted for the bailout. A good rule of thumb is that politicians rarely vote against their own personal best interest, no matter how they try to spin things. Foreign auto interests in the Southern states are being blamed for the "No" votes. However, even the foreign automakers have said it would be better *for them* if the Big Three were to receive some help to stay afloat. This is because a GM failure would likely put some big parts suppliers out of business that make parts for all big automakers, foreign and domestic, and this would in turn disrupt their ability to bring their own products to market.

Even though all of the auto companies seem to be in favor of a bailout, at some point we need to step back and allow the free market to run its course. The auto industry isn't doing so great right now. Few industries are. Retailers are closing stores left and right, tech companies are laying off employees, and the list goes on. Even if the government could bail out every company that is falling on hard times, they would just be passing an even bigger bill to people in the future. I think we all need to think long and hard about asking for a handout from the government if it means our grandkids will have to pay dearly for it down the road in terms of higher taxes and higher inflation.
Source(s):
http://money.cnn.com/2008/12/15/news/companies/overseas_automakers/?postver...

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Don't ask why WOULDN'T they bail them out. Ask why WOULD they bail them out?

The leaders of these failing businesses drove their companies into the ground while making millions. Why should they be bailed out anymore than a small family owned business who actually managed their business well but just fell upon hard times? No.

We must not bail these companies out with billions of taxpayer dollars! Besides, it's not like it's going to make anyone want their cars anymore than they do now.
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Well, some prominent economists like Prof. Marty Feldstein have been saying that managed bankruptcy may be a better option for the automakers. And I'm inclined to agree. Bankruptcy forces companies to restructure and does not necessarily lead to unemployment either. I think the bailout would just fix the problem temporarily and prolong the inevitable. Auto companies are badlly managed and have horrible business plans, designs, and have not been responding to the market for years. Why spend taxpayer money on a dud?
You could argue that the government might even make a profit from bailing out the banks but bailing out the car companies is just a horrible idea.
Source(s):
http://gregmankiw.blogspot.com/2008/12/interview-with-marty.html

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Does the government interfering in corporate competition qualify the US as a communist nation? I think so.
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I think you might be confused as Automakers did not build America, American Workers who were employed did. American auto workers at double and triple the pay of auto workers working for Toyota and etc in USA is not a sustainable business or viable in the near future.
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Republican Senators like Mitch McConnell and Bob Corker and know that the Democratic leadership and the White House will not let GM and Chrysler go under, so they have a "free vote" in opposing the plan. It enables them to strike a populist pose, because they know there's a lot of sentiment against any and all corporate bailouts.

This is precisely the sort of posturing and political game-playing that has gotten them defeat after defeat from fed up voters.
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I don't think they benefit enough for it to be affecting their decisions. The fact is, the big three auto makers have been running a failed business model including creating too many big gas guzzlers for too long. They put themselves in this position.
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Of course they benefit, having nonunion auto factories of competing makes in their states; eliminating the competition and the unions in one move is going to make them very popular back home.
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