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I am not American but that piss me off that the congress try to humiliate these CEOs when they gave 1000s of billion to the fat cats at Wall Street no question asked.

It is quite a shame that after the humongous bailout of Wall Street, they hesitate to give few billions to people who actually MAKE something !

Giving (loaning) money to the auto manufacturers is the same as giving money to the UAW. In my opinion the UAW has for the most part forced the manufacturers in to the problems that they are confrunted with, they just can't compete with other countries. If they get robots to replace workers they have to pay the layed off workers 90 to 95 percent of their wages as unemployeement and their wages and benifits are twice as high as they should be anyway. Our manufacturers just cannot compete, and our government won't put any restrictions on employee payment because they are the same people who voted them in.

@realist

Check you facts before giving an uninformed opinion, wages are only 10% of their cost. Workers are not wall street fat cats and replacing them by robots will just make less people able to buy cars.
dont get intoxicated by Falsenews.

Why is it, those of us making $14.00 per hour are taxed to subsidize those making $70.00 per hour? Has Congress lost their minds?

AFTER THE WASTE OF BILLIONS IN IRAQ, AND AFGHANISTAN...WHY NOT SPEND SOMETHING AT HOME..HELP GM FORD CHRYSLER..(REMEMBER WHERE YOU CAME FROM)...DESTROY AMERICA, DESTROY THE DREAM...WHO WANTS TO RIDE IN A GOLF CART...GET REAL..OH.. ..FOR THE CLINTON ERA...NOW IT'S "KUNTA KENTA"..KENYA...WHERE WILL THEY GET THEIR CADILLACS ? OR IS IT LEXUS NOW !

WHY DO CONGRESS, AND SENATE FIGHT WHEN THEY NEED TO HELP AMERICANS ?...LET AMERICA GO TO HELL, HELP THE DAMN FOREIGNERS..WE NEED A BRILLIANT GOVERNMENT...WE SURE AS HELL DON'T HAVE ONE...(YET )

Back in the 70's, I sat in the hospital after giving birth to my first son and heard the report on the news that our Zenith plant in town was closing down, where I worked. It was going to Mexico. 2000 jobs in middle America gone just like that. whoosh!
So now on top of having a new addition to our family, I had no job, no benefits and was plunged into the unemployment world. There began to be talk ( don't know who first coined the phrase ) that these were just jobs that Americans don't want ( !!!!!! ) Who were these people who were telling me I didn't want my job???? I happened to love my work, building small components for color TV's and radios.. it provided a good living!!! In America. Then a couple years later, when I had found a good middle class job in a jean factory, making a decent living, that job also disappeared ( whoosh ! ... that giant sucking sound again) and went to Mexico... and I heard the mantra again, well, these jobs going to Mexico are jobs Americans don't want... No, whoever you are who started this mantra that I still hear to this day, Americans want a decent job to go to. We don't like being in unemployment lines! No, you are wrong - these are jobs who Americans DO want.

Now we have relatives that work in the auto industry that has seen jobs disappear for decades. We have also seen all of the UAW help to get the company more competitive to survive. The UAW supports the middle class... hello! Anyone who has seen Mr. Gettlefinger express his desire to not loose health care and pensions for the millions of workers and retirees knows this is a man who deeply cares about the middle class. If the ' loan ' is not approved for the auto industry it looks like Chapter 11 to bankruptcy to liquidity for the big 3 along with all of the other countless jobs connected, and yes, I mean local companies and eateries like clothes stores, shopping centers, etc. Not to mention the people who work for the auto industry who are able to retire, or who have retired by taking the buyouts, who are in their 50's ( not able to get healthcare thru medicare yet or social security! ) who will loose their health care and their pensions..( more burden for the U.S economy ) . what about those who took the buyouts because they were sick, like my relative who has cancer? All of these people will be thrown to the wayside? With no social security, no health care you will see all of these people being thrown into the welfare system, further foreclosures, and loss of tax paying families to the tune of 3million plus! I ask you this.... for the person who has cancer who suddenly looses their healthcare due to bankruptcy, and looses their income, where is the insurance company who will cover this person??? And how will they pay for it with no income?

I am the American who has experienced job loss more than three times, all lost to foreign competition. I am the American who has cancer and stands to loose not only my income, but my health insurance as well due to a company bankruptcy. It is hard for anyone in my shoes to listen to Rep. Shelby go on and on with his mantra about the American auto industry being a dying entity , when he fully supports all of the foreign automakers in his state ( provided incentives and big $$$ to support and attract foreign competitors ) and is so transparent in that he and his state will fully be benefited from the loss of the American auto companies... Clearly this is a man who is not looking out for our country, but only his own back yard. We all can see he is hoping the U. S. industry will fail and be gone. He says they are dinosaurs and should therefore be extinct. Mr. Shelby does not worry about his future monetary needs. He seems quite comfortable and smug even as he firmly denies a ' loan ' to a company that is the backbone of the middle class in this country. In fact he says "No" before he even listens to the viability plans of the American auto makers. You have to wonder why Mr. Shelby gets so much coverage, when he obviously cares nothing about 3 million workers in this country who pay taxes and keep the country going.

So in essence, I hope the Americans who think this is good money going after bad will wake up and realize that to let all of the good paying manufacturing jobs in the country disappear will change the economy forever, and these jobs will never come back! Businesses who took their companies to Mexico to pay less for their labor found out they could make their products elsewhere for less, in China, or Madagascar and on and on ... it never ends. White collar America wake up.. you are next! If it is ok to get rid of good paying middle class jobs with benefits it will be ok to get rid of white collar jobs with benefits as well.

We are weary of the word ' bailout' when it is in fact a Loan... GM is not in the business of defaulting on their loans, and they build products that are award winning vehicles.
Their quality is award winning. Wake up Americans... If you don't support American companies that build American products they will soon all be gone, and you will have no need to question why your customer base is all but depleted and you now wonder what will become of your own business. Supporting the Auto Loan to help them thru this recession and keep American jobs alive is throwing good money after good... it is keeping our manufacturing base alive, and we are the people who keep the country going. Without middle class good paying jobs, there will be no recovery. Obama knows this, and that is why he talks about tax credits to companies that create jobs here. it is all about jobs jobs jobs.