In here we will discuss lolworthy republican logic

That money has prevented the loss of more jobs especially in states like Michigan that can ill afford it.
Then you have even more people on government programs because there really are no jobs instead of automakers working on paying back their government loans and pumping out new products that America actually wants.
 
Fuck that. Where is the benefit for the taxpayer? I'm not buying one of their cars and none of us are going to get a check when they pay back their loans. All that happens is taxes go up.
 
Were you expecting to turn a profit from a bailout? Everyone knew this was going to lose money. The benefit comes from keeping a large employer and related smaller employers in business.
 
They won't, though. They'll keep relying on their unions to fail at keeping them employed by demanding pay and incentives not commiserate with the job being done, all the while, the union is still raking in cash from mandatory dues.
 
yes that is generally what a bailout consists of.

a bailout which they are paying back.
a bailout which resulted in the development of new competitive vehicles.
a bailout which kept more jobs from being lost.
 
Those execs don't deserve direct compensation in their own pocketbooks from money designed to get their company back in track. They fucked it up and if anything should be graciously taking a pay cut (a sizable one) so the money will go to infrastructure and design work.

The main problem with the bailout is it takes the accountability out of those guys hanRAB. We're basically telling them it's OK to run a company into the ground, we've got your back. That's wrong if you only protect large businesses.

You know what happens if my business closes up? Nothing. We get no bailout, neither would any other small business. This "too big to fail" mentality is ridiculous. It's obviously slanted to benefit the large corporations, but no one gives a fuck about the nurabers of small businesses that employ the majority of the citizens here.

Either protect everyone or protect no one, they shouldn't be playing favorites. I'm of course leaning to the protect no one with bailout money, because business owners should be responsible for their fuck-ups.
 
The banks are not paying back their loans.
Yes, but the taxpayers will never see a return on their tax dollar investment.
Those people could work for another automaker or take another job elsewhere.
 
Execs should get performance pay. Tie their compensation up in %of net profts and stock and they'll be less likely to make fked up decisions.

There is no motivation to keep them moving because they get rich even getting fired.

We need more Greg Brennemans and Steve Jobs in this world,
 
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