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If we dont bail out GM and Ford and they go under, then we will start thinking that Boeings, HPs, Dow Chemicals, Kaufmann Broads, 3Ms, Oracles, Alcoas, etc are not as competitive as overseas. We will import same stuff they make here... Then we will start thinking that we ought to fire our teachers, social workers, office workers etc and bring in overseas workers todo better jobs for us.. We will elect a foreigner for President later on... So you tell me one more time that Hondas and toyotas are 'SLIGHTLY BETTER BUILT" than GM and Ford, I will hang you up by your rear ass high to the ceiling!!

If you don't understand the importance of our domestic manufacturers, try going to web site www.levelfieldinstitute.org and get a grasp of JPC (jobs per car) and perhaps you will understand they are one of the cornerstones to our economy.

when's it going to be time for the US government to bail out the average working poor? With America's HUGE deficit....who cares if a business goes under....the whole country is up for sale to the highest bidder. Budweiser was just sold to a Belgian company...so why not just sell these two companies to the highest bidder and get rid of their debts altogether! Oh yeah that's right....no other foreign company WANTS THEM!!! Now that should tell you something.

I agree with the above commentors 100%, and I want to add; Why can the Auto Industry not ask for 'assistance', as it were?

Every other country (specifically Japan) supports their auto Industry with big smiles. Yet ours tries vainly to maintain a "hands-off" policy while sticking their noses into other areas of Industry (fanny may, etc?) becasue they can.

Secondly, if the government can see fit to tell our Automakers HOW to do business with their CAFE laws, why should they not be obliged to give the automakers the means to meet such goals? Because, whether you support it or no, CAFE is a difficult target that will require expenses beyond the means of the automakers to dish out. So instead of "hands-off", the government may have assisted in the slow chokehold that is suffocating the Detroit Three. Again, I ask -- why should they not assist the automakers? What do you have against the government helping the automakers meet CAFE goals that they set?

Here's a cheaper suggestion! Launch another fraud "attack" like 911 and simply bomb Toyota and Honda. We've got the bombs already made it's just the gas money flying them over! The USA is past broke, so it's time to listen to T Boone, Ron Paul, anyone other than the "appoved candidates" who are merely schills for the Rockefeller elite. Here's another cheapo idea! Have our military act like hippies, paint everything military pink, pretend we have turned over a new leaf and then sail into Dubai and Saudi Arabia and simply steal our money back dropping all our bombs on them on the way out. Nope. we'll never do it, too bad, so short the markets till they bottom which will be a long time from now. Buy gold and oil AFTER the election of whatever schill "wins", and also buy MLP's like KMP. EEP, EEQ, TNH, etc. that pay real cash and possibly Mexican Pesos which are outside the anglo/US elitists control. USA is being destroyed by the globalists-JP Morgan Chase-Rockefellers who will simply buy us back for pennies on the dollar and have us begging for crumbs in the streets.

For everything the big three has given this country they should get double or triple what they are asking. How many do they employe plus the trickle down jobs? The auto comp. go down so does the States. Government should have been helping the big three for the last twenty years, its about time now.

LETS NOT FORGET UNFUNDED MANDATES FROM THE CONGRESS FOR ALL THESE YEARS ! NOT ONLY FOR THE AUTO INDUSTRIES ? BUT FOR CITIES COUNTIES AND STATES.. AND BTW WE ARE IN THE 9TH BAILOUT OF PRIVATE BANKS ! AND WALL STREET BANKS .THE TRUE WELFARE BAILOUT.. WHY?? AS WALL STREET SAYS ALL THE TIME,LET THE FREE MARKET RULE ? BUT WHEN IT COMES TO THEM ITS WAIT NOT ME !! FEDS I NEED A BAILOUT!! . THERE IS ENOUGH MIS MANAGMENT TO GO AROUND..BUT YOU CAN BET YOUR BOTTOM DOLLAR THAT JAPAN INC WOULD NEVER LET THIS HAPPEN TO THEIR AUTO INDUSTRIES.. WHO AND HOW DO YOU THINK THE PRIUS WAS BORN ! BY THE JAPANESE GOVERNMENT AND TOYOTA ! AND THERE ARE NO UNFUNDED MANDATES FROM THEIR GOVERNMENT! OH YA THEY HAVE A NATIONAL HEALTHCARE PROGRAM ! SO HEALTHCARE IS NOT ON THE BACKS OF THEIR COMPANIES ! Hmmm JUST LIKE THE REST OF THE WORLD.. BUT US!! lol

Hey Joe, are you in favor of US money funding the Japanese automakers, also? CAFE applies equally to them, so if Detroit should get money to have to meet the laws, so should Honda, Toyota, et al.
BTW, our government says that if I want to drive a car, I need to take lessons, get a license, carry insurance, etc. Those are unfunded mandates. Please tell me where I can apply to get my free handout to reimburse my "costs of doing business."

Hey Corliss, your "level playing field" is a scam. Just a quick review turns up so many misstatements and distortions, that I'd consider anything they post to be suspect.
Try using them to research the Ford Focus. They report that it supports more jobs than does an Ohio-built Accord. What they don't mention is that most of those jobs are in MEXICO! They conveniently just call them "North American jobs." LOL
What a scam!

Let's all bow down and kiss the feet of our good friends at the UAW. You idiots are bankrupting your employers.Wake up and work for reasonable wages and benefits so they can stay in business, otherwise you wont have a job in a few years. Forget loss of market share to the Japaneese,GM has lost billions because of the union.The very entity designed to "protect" workers is pissing away their future.Wake Up!

Phil, never mind the Prius. Detroit got handed the same gift from Washington back in the 90s. Try doing some research on PNGV and USCAR before you go pointing fingers.
Detroit was given over a billion dollars of my money to fund development of an 80 mpg sedan. They took the money, built one prototype, then went back to making SUVs.
Now they want more money!

If japan were to allow the US to flood their market with our cars, this would be a little easier to deal with. The UAW hasn't cost GM nearly as much as GM has cost itself. Buying other car companies, then selling them for a little bit of nothing, same as Ford selling jag for one third of what they gave for it. It's lame to blame the UAW for these billion dollar mistakes. As for a realistic wage, what is that? Heaven forbid if a guy makes enough to support his family and get ahead in life.

As our national debt reaches new heights, some elite wealthy taxpayers get a pass when it comes to footing their share of the bill:

Those lavishly paid CEOs in their corner offices.

Thanks to five tax breaks cooked up by their friends in Washington, D.C., top executives and their companies enjoy at least $20 billion a year in income-tax breaks that are unavailable to the rank and file, according to a new study from the Institute for Policy Studies and United for a Fair Economy.

It's hard to figure out exactly who gets how much because tax laws and the manner in which CEO income is reported are so complex. But one of these breaks will probably save Oracle (ORCL, news, msgs) more than $190 million this year on stock options paid to CEO Larry Ellison. Entertainment group IAC (IACI, news, msgs) likely saved $64 million last year because of options cashed in by Chairman and CEO Barry Diller, and Countrywide Financial probably saved more than $42 million last year on options granted to then-chief Angelo Mozilo.

The cost to you, me and ordinary workers around the country is easier to figure out. Every household filing a return pays about $192 extra in taxes to cover these breaks, by my calculation.

For a lot of Americans, that's real money. But not for this elite group.

Pay continues to soar
Average annual CEO pay at S&P 500 ($INX) companies hit $10.54 million last year, or 344 times the pay of the average American worker. Thirty years ago, CEO pay was only 30 to 40 times the pay of the average worker.

Those numbers, and the $20 billion in estimated annual tax breaks for bigwigs, come from the study, released just this week and called "Executive Excess 2008: How Average Taxpayers Subsidize Runaway Pay."

AND YOU IDIOTS HAVE A BEEF WITH THE UAW? lol lol FOOLS..

It starts with Uncle Sam...I can't tell you the last time I saw an American made postal truck in my neiborhood. Those alone account for thousands of lost US sales a year.

The real battle of the 21st century is economic. While nearly every other major country in the world is figuring out how to build its economic stengths we have used all our energy to chase the shadows of terrorists. It is time to realize that Japan, Korea, and now China and many other countries have used or are using every means possible to build strong auto industries. That means ethical and unethical means such as industrial espionage, cheap loans, trade restrictions, grants etc. China has deliberately kept the wages of its people low so that it could capture enormous amounts of world trade and build huge foreign currency reserves. This is akin to slavery and only possible in a totalitarian state.
So low interest loans for our automakers ? Absolutely and remember the real war is not the war on terror but the war for economic supremacy.