Criticizing the GM bailout, is it politics before caring about other Americans?

Posted on December 26th, 2011 by admin1 in republican advertising agency

Many a conservative and republican have joined the Obama bashing bandwagon by criticizing the governments bailout of GM. But how many of you realize how far reaching into our society this would have gone if our Government had done nothing like some of you suggest simply because Rush Limbaugh and Sean Hannity said it was a bad thing?
Chevrolet, Cadilac, Buick, Saturn, GMC and Jeep…would have all gone under!!! Six car companies…gone!!! I don’t understand how any of you think this would have been good for anyone!
Just a few of who would be severely damaged:
Thousands would have lost jobs…the many computer companies that make the chips. Places like AutoZone and the hundreds of advertising agencies that worked for the dealerships. The Racing industry would have lost major sponsorship and would have been in peril. The sheet metal industry would have been severely hit.
Have you all really thought this thing through before you criticized the government’s bailout. Or is Rush Limbaugh’s thoughts as good as God himself and need no questioning?
tim,p: there is nooooo way Ford or the other companies could have absorbed the many thousands out of work had GM failed! Are you serious?
Rib: sorry I meant Hummer

The current political strategy for the opposition party is to demonize ANYTHING and EVERYTHING the President does by labelling it as either "socialist", "communist" or "facist" regardless of the fact that all three of these labels are contradictory of each other a fact which simply exposes their reliance on the continued ignorance of their voter base.

Selfish political motivation can boarder on being unpatriotic but, again, many of their voter base are much too ignorant to comprehend such intricacies.

10 Comments on “Criticizing the GM bailout, is it politics before caring about other Americans?”

  1. Justine from American Bandstand

    Yes, they drive foreign cars and support outsourcing of our jobs, and people are stupid enough to believe them.

    Politics = power & greedReferences : if Rush Limbaugh is God, we’re all in trouble

  2. How To Run 10's

    Do i get a bailout yet?References :

  3. timothy p

    The bailout just delayed bankruptcy. It didn’t prevent it. It didn’t even delay it for very long. Had GM gone under in a free market, Ford and other car companies would step up and fill the demand(and jobs) Just because a company goes away doesn’t mean demand for their product will. I am a conservative and don’t require the above mentioned to do my thinking for me.References :

  4. Zap

    The current political strategy for the opposition party is to demonize ANYTHING and EVERYTHING the President does by labelling it as either "socialist", "communist" or "facist" regardless of the fact that all three of these labels are contradictory of each other a fact which simply exposes their reliance on the continued ignorance of their voter base.

    Selfish political motivation can boarder on being unpatriotic but, again, many of their voter base are much too ignorant to comprehend such intricacies.References : First-hand observation

  5. FUNnCRAZY

    they should have let them go under. They are not going to survive anyway.References :

  6. MikeGolf

    If you think that ‘Government Motors’ is going to be able to continue without constant taxpayer subsidies – then you really need to look at the performance of Amtrak.References :

  7. Pfo

    Find us a company that wasn’t suffering. Why didn’t they get bailed out? Because those companies don’t spend millions every year lobbying congress.

    The only reason they were chosen to be spared is because they can afford to be heard.

    The fallout from the auto industry would have spread to other sectors, but again, the same is true for many industries which can’t afford to lobby congress the way the auto industry does. I work in market research, which tanked following news on the state of the economy, companies that buy from us cut back, it spread to our sector, we had to lay people off. Why didn’t the government help them? Oh yeah, they don’t spend millions lobbying congress.References :

  8. nelly99

    In the Second World War it was our manufacturing base,including GM and the big three ,, which won the war for us by producing the thousands of tanks , armored vehicles , jeeps , transports ,planes , and ships needed by our troops to fight the war.

    Where would we have been if we had to import them from Japan or Germany ??References :

  9. Preston

    The bankruptcy would have given GM the chance to ditch the union and start fresh, or someone else would have bought all their facilities and started making cars. Probably cheaper and more reliable and redeem the reputation of American motors.

    I’m waiting for the Union’s first meeting with Obama to determine how much of tax increase we will be getting now that they are Federally paid.

    They would have been without temporarily, but there is no way it would have been the end. Now its even more tangled with the Government in there, because when they do go bankrupt, who owns what?

    If we could get out of NAFTA and go back to strict import tariffs, America’s GDP would climb exponentially. All sectors would be seeing an increase; GM wouldn’t be in the crisis they are in, and their employees would safe.

    I find two things funny about this. The South already suffered through this with barely a mention in the news. Thousands without jobs at the signing of NAFTA yet the press still doesn’t get the South’s hatred for Clinton. We watched 100 year old textile mills close the doors and then were knocked down for scrap because they could move to Mexico.

    I think its funny you mentioned the metal as the environmentalist closed our refineries. All our precious metals ship to china, which is driving metal through the roof. Refineries pollute the ozone so now a country with no environmental restrictions is polluting the sky with glee and now all we get is the pollution. At least before we had the money to go along with it.

    The bailouts are delays, we are a nation torn and will continue to tear.References :

  10. rlb1961

    First, all of the brands you mention belong to GM (except for Jeep, which is owned by Chrysler), so one company would have gone under, not 6. However, it would have resulted in the loss of jobs and hit the economy hard, no question.

    That being said, I am opposed to the bailout, largely due to the way it was handled. The normal bankruptcy process was ignored in a manner that paid off Obama’s supporters (the UAW) at the expense of the people who held secured debt positions in the company. This action makes it very difficult for anyone to lend money to a company as a secured creditor, knowing that their secured position can be ignored in favor of a politically connected unsecured creditor.

    I am also opposed to the government owning any public corporation, especially one that competes with other companies in the field. Such involvement has the potential to give unfair advantage to the company with government ties.

    For myself, I will not buy any GM or Chrysler product as long as the government is involved or as long as they are controlled by the UAW as a result of unfair government intervention. I will buy Ford or a foreign car first. And I have owned GM and Dodge vehicles for over 30 years.References :

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