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Big three auto makers


The big three auto makers.
This has been bugging me all week and i don't understand why nobody said get your funding else ware.
The big three auto makers want the feds to bail them out why don't they go to the oil companies for the funding the need to stay afloat since it was the major oil company's along with them that helped create the mess there in.
By not building and making fuel efficient transportation they have undermined themselves. We shouldn't have to bare their financial burden.
Are we expected to bail out every organization that is going under.
Entry #10


Comment by Ivanhoe - November 19, 2008, 3:19 pm
Big three auto makers have quarterly reports in the past, 4 per yr. Now how many times in the last 50 years have profits in the seven-eight figures per quarter funds totaling have gone to.   Having profiting from other companys they own , wireless companys, mortgage firms, leasing firms, tool companys like spx, specializing in all sort s of equipment and areospace equipment etc. All these and more that just GM owns is an insult the market sytem and the stock players crying wolf.    Wake-up Executive
commities to the auto industry. Your high wages and wasting and taking advantage of funds over the past has finally come home.   Remember so what ye shall reap.
ICNUMBERSComment by ICNUMBERS - November 20, 2008, 9:05 pm
No, just the ones that mismanaged their finances. I agree because I don't understand just how they get away with the obsured prices they charge for the cars anyhow. If I hit my state lottery and the mega I wouldn't pay what the creeps want 4 the depreciative crap. I'd rather drive a grimlyn mixed with a pinto or even a chair w/three wheels b4 I let them hit me over the head 4 something that depreciates as soon as I pull off the lot.

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