So I have to ask what do people think the bail-out will actually do? It is just like the stimulus package. Did anyone really benefit in the long run from that? Everyone spent it quick and then realized that they were not actually making any more money and were in the same place. That is just what this will be to the auto industry. That money wont last and there still going to end up in a bad spot. Then what, we have to pay more or let them fail anyhow.

As the owner of a successful small business I have resigned myself to the fact that under Obama, taxes and government fees will increase in a BIG way. I figure my customers will have to pay about 10% more for everything. BUT, we can't increase prices right now due to the dismal state of our economy, so I will have to lay off six or eight of our employees. I didn't know how to choose which part of our 'family' will have to go. So, this is what I did. I strolled thru our parking lot and found 8 Obama bumper stickers on our employees' cars and have decided these folks will be the first to be laid off. I can't think of a more fair way to approach this problem. These folks want change; I'll give it to them!

Can't anyone speak proper English? The only thing I noticed was that many of the commenters were basically illiterate. Who cares about car companies when we have people who cannot even speak the language.

Dennis #51 said the employees at GM make $78 an hour -- I don't know where this number comes from, but as a GM spouse, I can tell you they are NOT making $78 an hour -- unless it's on triple time -- and there is no such thing.

Get your facts and numbers straight. Also, the Autos are not asking for a bailout, they are asking for a loan!!!

Someone should take a serious look at how GM does businiess, and why they are losing so much money. Reason: The executives dont care, they think they are untouchable. I know first hand what they say in meetings about trying to fix there problems, " We dont have to worry, we are GM" like they are to big in our country and that the government owes them and should bail them out, even though they do very little to step up and take blame and try and make changes to current busines practices. I think they should be balied out this time, but only if they are accountable to a special interest group to follow them on how they do business in the future. Clamp down on all the big $$$$$$$$ waiste that currently exists in the company.

Congress "privatized" the Employee Benefit Guarantee Corporation that insures pension funds yet, in 3 decades, did not raise the pension insurance default rates on corporations: Who will insure pensions now? Pension insurance was already severely underfunded after Enron but Congress did nothing nor, did they raise the gas mileage requirement for 30 years. Social Security was squandered and 401k's crashed with the stock market. A Democratic Congress repealed the 1932 Glass-Steagal Act that kept banks out of risky investments in 1999. A Republican Congress destroyed regulation of industry from 2001 forward: 9 years from repeal and we are back to the same depression era banking crisis for the same reasons. Now unregulated private enterprise has robbed the treasury of $2trillion without creating jobs or credit yet they continue to purchase monopoly control in a "too big to fail" power play.

The fact is that "the people" do not run the government, an American aristocracy runs this government. The wealthiest 20% has ruined "free enterprise" and "freedom of the press" by monopoly control; congress catered to oil magnates who robbed us blind by inflating prices; the supreme court set up kangaroo courts (arbitration) that denies our 7th amendment right to a jury when wronged by banks, brokers, even employers; presidents de-penalized wrongful denials of care for a profit motivated health insurance industry; Congress commissioned then refused to fund the Department of Labor's enforcement of the 1974 Employee Retirement and Income Security Act that allowed Enron type book-keeping (also no jury or penalties for wrongful denials of benefits); corporations select those we may vote for with "campaign finance" while spending billions to lobby against our best interests; and, our city councils take beach-front private homes to give to corporations through "eminent domain" (Kelo v. City of New London).

The unfettered greed was condoned and encouraged by both houses of Congress, several presidents and, supported by the supreme court. Now two worthless political parties want to point fingers but, who will pay the piper?

Why should Chrysler be bailed out? Let Cerberus sell off some of their assets, and refinance.the automaker. when have we started bailing out venture capital cos?

PHQ GM You invested your profits to gain market share in China's market PHQ again and let the GM workers buy you no good beotch's out.

I feel the automakers have placed their industry in this situation. They concentrated on high-profit/low-mileage SUV's and gave up producing vehicles the public could afford to buy and also drive.
I feel they should be required to produce fuel-efficient vehicles on their own, without the benefit of taxpayer funding. They deserve NO SPECIAL CONCESSIONS to remedy a situation they created.
Congress should mandate higher fuel economy (in excess of 30 MPG city.) This should be done within a minimum number of years. It is possible but is facing major resistance from different lobbying groups. Everyone needs to wake up. There is a solution, but it isn't pouring taxpayer money into a patient dying from self-inflicted wounds..

To: ALL AMERICAN'S

It is inportant for each of us to contact our Congressmen & women TODAY and tell them -

DO NOT US OUR TAX DOLLARS TO BAIL OUT AMERICAN CAR MAKERS!!

They need to go reorganize like any other busineses.

They MUST CUT THE OUTRAGIOUS WHITE COLLAR & UNION WAGES!!!

UNIONS ARE DESTROYING AMERICA" ability to compete in the golbal markets!!!

IT IS NOW OR NEVER - AMERICA

I hope that if they get the bail out the congress will put so many restrictions on the bail out money to make up for the last bail out for home buyers which caused the financial disaster which we are in now.