Old Nov 21, 2008 | 03:04 PM
  #41 (permalink)  
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Superluminal
The Cyber Brain
 
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Originally Posted by John
slowly, you guys are starting to figure out how fucked we are.

Bail them out, and we revisit this soon, and we pay for it with our tax dollars

Ignore the bail out cries, we add a digit to the unemployment rate

Oh, and if you thought this was going to be the end of it, you're wrong. The airline and credit industries are next, and they will be much more expensive than this bail out and equally as imperative.
This is the wrap up right here. It's a lose/lose situation. We need to come to a decision that is going to have the most limited loss. I don't believe most of you understand the consiqueces of letting a huge US corportion like GM going out of business. This would be disasterous for the economy, and it won't stop with GM. I believe we are in a state of economy now where people are now spending less and saving more, but the big companies and corporations are still producing like we're in an economic high. They don't want to stop producing this way because it would mean less money, but it's happening because nobody is buying. The greedy bastards at the top don't want to downsize or rethink their corporate goals. So this problem tumbles all the way down the tree to the union workers.

We are most likely going to have to bail them out if they cannot come up with a feasible economic solution, and we're all going to pay for it big time. If GM cannot get their act together, they deserve to fall, but we can't let them. Do you see the dilemma. Lose/lose.

We are in for a recession folks whether you like it or note, unless Obama can pull out some amazing economic plan during his term, which is highly unlikely. It's only going to get worse as the once "3rd world countries" are now becoming fully industrialized and becoming a major competiton for the market and jobs, as they are unrestricted by the rules and regulations we are constrained to. We might start buying their products and services, which would be much cheaper and furthur worsen the US, by becoming dependant not just on oil, but on the products and services that us consumers take for ganted.

The large US based coroporations MUST get up to speed the standards and economic preferance of todays age if they are to survive or we will be pretty much "bought over" by other countries.

The pieces are set.... let the games begin.
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