Comments on: $25 billion in perspective http://www.allpar.com/weblogs/2008/12/01/25-billion-in-perspective/ Chrysler, car, and other discussions by Allpar contributors Sun, 21 Mar 2010 13:27:40 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Bob Taylor http://www.allpar.com/weblogs/2008/12/01/25-billion-in-perspective/comment-page-1/#comment-77039 Bob Taylor Wed, 03 Dec 2008 00:55:19 +0000 http://www.allpar.com/weblogs/?p=585#comment-77039 "At a time when the government (largely the executive branch) is tossing trillions of dollars at banks and the housing industry, shouldn’t an industry responsible for so many middle-class jobs get some help?" Yes. The problem here is that the timing is tough. The middle class has needed help for some time. Getting any from a Republican administration isn't going to happen. The Democrats are in but they've been effectively muzzled from doing so by the current crisis and the loans going to the banks. People outside of the auto industry have a hard time with the idea of the last batch of loans. The auto industry has made enemies of the very folks who would otherwise save them if the executive clods hadn't been so idiotic in front of Congress a short while ago. It made them look like the banks or idiots looking for a free ride. “At a time when the government (largely the executive branch) is tossing trillions of dollars at banks and the housing industry, shouldn’t an industry responsible for so many middle-class jobs get some help?”

Yes. The problem here is that the timing is tough. The middle class has needed help for some time. Getting any from a Republican administration isn’t going to happen. The Democrats are in but they’ve been effectively muzzled from doing so by the current crisis and the loans going to the banks. People outside of the auto industry have a hard time with the idea of the last batch of loans. The auto industry has made enemies of the very folks who would otherwise save them if the executive clods hadn’t been so idiotic in front of Congress a short while ago. It made them look like the banks or idiots looking for a free ride.

]]> By: squat http://www.allpar.com/weblogs/2008/12/01/25-billion-in-perspective/comment-page-1/#comment-77038 squat Mon, 01 Dec 2008 21:46:45 +0000 http://www.allpar.com/weblogs/?p=585#comment-77038 They should start selling this as a bailout for mainstreet, if wallstreet can get one, why not mainstreet? Overall, I'm not too worried about detroit, obama and a democratic congress won't let them fail and I think they'll make it through feb if nothing is done now. I'm more worried that GM/Chrysler will use the funds to merge and allpar has to become gmpar or whatever... They should start selling this as a bailout for mainstreet, if wallstreet can get one, why not mainstreet? Overall, I’m not too worried about detroit, obama and a democratic congress won’t let them fail and I think they’ll make it through feb if nothing is done now. I’m more worried that GM/Chrysler will use the funds to merge and allpar has to become gmpar or whatever…

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