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Name:   water_watcher The author of this post is registered as a member - Email Member
Subject:   Hound
Date:   11/17/2008 6:13:55 AM

I agreed with the bail out of banking since if you let the banking system fail it is a huge mess and innocent people are hurt significantly and it would take years to recover, if we did. That bailout was to prevent failures and keep liquidity in the systems. I do not agree with bail outs of manufactures. That is both a supply/demand issue and a cost issue. In the case of US car companies their costs are too high ... UNIONS .... and people are not buying cars.

I do not see how loaning money to GM so they do not go in to bankruptcy fixes anything. It does not make people buy more cars or cut costs. If they go in to bankruptcy they do not close their doors (just like delta), but they have time to restructure and cut costs to come out of bankruptcy healthier. If after submitting a restructuring plan they need a loan from the feds, that is when it should be considered.

I did not see the interview.
Other messages in this thread:View Entire Thread
Obama will "rule" - water_watcher - 11/16/2008 4:55:37 PM
     Obama will "rule" - Talullahhound - 11/16/2008 5:10:29 PM
          Obama will "rule" - GoneFishin - 11/16/2008 6:46:15 PM
               The Interview - GoneFishin - 11/16/2008 6:54:33 PM
               Great Point GF..... - lamont - 11/17/2008 7:58:19 AM
          Hound - water_watcher - 11/16/2008 7:03:23 PM
               Hound - Talullahhound - 11/16/2008 10:41:01 PM
                    Hound - water_watcher - 11/17/2008 6:13:55 AM
                    Hound - au67 - 11/17/2008 9:24:30 AM
     Freudian slip - MartiniMan - 11/17/2008 9:40:31 AM
          .Real person - Talullahhound - 11/17/2008 5:08:52 PM
               .Real person - MartiniMan - 11/17/2008 5:16:31 PM
     Obama will "rule" - Lady - 11/17/2008 4:49:38 PM
          Obama will "rule" - Talullahhound - 11/17/2008 5:07:24 PM
          Try some context and honesty - MartiniMan - 11/17/2008 5:08:17 PM
               Try some context and honesty - Talullahhound - 11/17/2008 5:11:58 PM
                    Thats what I said..reread - MartiniMan - 11/17/2008 5:22:30 PM
                    Seriously Hound - water_watcher - 11/17/2008 5:57:08 PM
                         Seriously Hound - Talullahhound - 11/17/2008 9:50:18 PM
                              Election trash - MartiniMan - 11/18/2008 1:05:51 PM
                                   Election trash - Talullahhound - 11/18/2008 4:28:57 PM
                                        Seems to me that..... - Swimmer27 - 11/18/2008 5:59:35 PM
                                             Seems to me that..... - Talullahhound - 11/18/2008 7:01:29 PM
                                                  Seems to me that..... - ecstasypoint - 11/18/2008 8:00:16 PM
                                                       Seems to me that..... - Talullahhound - 11/18/2008 9:11:43 PM
                                                            Yeah Ecstasy.... - lamont - 11/19/2008 9:39:08 AM
                                                                 I think - Talullahhound - 11/19/2008 9:49:01 AM
                                                                      I Don't Consider It Bashing - lamont - 11/19/2008 10:22:40 AM
                                                                 Yeah Ecstasy.... - ecstasypoint - 11/19/2008 2:59:16 PM
                                                                      Yeah Ecstasy.... - lakerlady - 11/19/2008 11:35:03 PM
                                                                      Actually Estasy - lamont - 11/20/2008 11:26:35 AM
                                                                           Actually Estasy - ecstasypoint - 11/20/2008 11:43:30 AM
                                                                                Wow - lamont - 11/20/2008 12:00:34 PM
                              Seriously Hound - SPEARFISHER - 11/18/2008 4:51:44 PM
                                   Seriously Hound - Talullahhound - 11/18/2008 7:01:12 PM
          Hound snuck in there - MartiniMan - 11/17/2008 5:09:37 PM
               Hound snuck in there - Talullahhound - 11/17/2008 5:13:56 PM
                    Hound snuck in there - MartiniMan - 11/17/2008 5:20:24 PM
                         Uh... I'm not sure - Talullahhound - 11/17/2008 9:57:24 PM
                              Uh... I'm not sure - MartiniMan - 11/18/2008 10:08:03 AM
                                   I think that is it - Talullahhound - 11/18/2008 10:35:26 AM


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