Big 3 Loan Failed to Pass - Congress voting...Not promising. - Page 2

stovt001 · 12-11-2008, 11:10 PM

I feel bad for the workers whose union would rather have them jobless than take a pay cut.

Well, there goes any chance I had of getting a job after graduation.

bob2the2nd · 12-11-2008, 11:11 PM

just so everyone knows the vote didnt pass :(

TheClassicCarKid · 12-11-2008, 11:12 PM

I can't believe that we give banks money after they screw themselves, but a government loan that's 1/35th the amount of the bank bailout to an industry that was choked by federal law is somehow unamerican and evil. BS.

*The_Blur* · 12-11-2008, 11:15 PM

This rejection will cripple the economy, America's allies' economies, the automakers, suppliers, and workers. Article is by Leftlane, the first to report on the vote's failure to pass.

TheClassicCarKid · 12-11-2008, 11:15 PM

Quote:

Originally Posted by bob2the2nd

just so everyone knows the vote didnt pass :(

So what happens now? The bill gets revised?
I mean, it can't just be over right?

Hylton · 12-11-2008, 11:17 PM

Absolute idiots! Now what negotiating power will the UAW have going forward?

Eighty-Six Z · 12-11-2008, 11:18 PM

Really surprised that the UAW just brought about it's own demise. GM's already contacted a law firm to start the Chapter 11 proces according to that article. I wonder how many calls the UAW is getting right now from disgruntled folks!!!

Quote:

Originally Posted by TheClassicCarKid

So what happens now? The bill gets revised?
I mean, it can't just be over right?

It's over as far as this remaining year is concerned.

*GTAHVIT* · 12-11-2008, 11:21 PM

And we start all over. I'm not sure if I want to blame politicians or the UAW for this. I'm thinking they each get 50% of the responsibility. Now is not the time for politicians to be making a point when they are contnent to throw money at banks... Nor is it the time for the UAW to play hardball.... I don't understand what the Union has to gain here unless they are just trying to force the hand of the politicians...

I just don't get it...

Inspector 17 · 12-11-2008, 11:21 PM

Quote:

Originally Posted by Eighty-Six Z

Really surprised that the UAW just brought about it's own demise. GM's already contacted a law firm to start the Chapter 11 proces according to that article. I wonder how many calls the UAW is getting right now from disgruntled folks!!!

http://www.marketwatch.com/news/stor...DE13077CBC5%7D

bob2the2nd · 12-11-2008, 11:25 PM

The white house was threatening to use part of the 700 billion dollars to help out the industry... hopefully they do.

Vash · 12-11-2008, 11:27 PM

They need Jay Leno to be the "Car Zar" not one of the typical Washington inside the beltway folks that Skeletor (Pelosi) wants.

If it was up to me I would trash every brand and even GM itself. And restructure the company as the "Chevrolet Motor Company". Getting rid of every other sub brand and model that's not selling.

Eighty-Six Z · 12-11-2008, 11:32 PM

Quote:

Originally Posted by gtahvit

And we start all over. I'm not sure if I want to blame politicians or the UAW for this. I'm thinking they each get 50% of the responsibility. Now is not the time for politicians to be making a point when they are contnent to throw money at banks... Nor is it the time for the UAW to play hardball.... I don't understand what the Union has to gain here unless they are just trying to force the hand of the politicians...

I just don't get it...

The UAW could be playing chicken with the Politicians, but given what is at stake...why risk so much for what looks to be little gain?

bobscogin · 12-11-2008, 11:33 PM

Quote:

Originally Posted by gtahvit

I don't understand what the Union has to gain here unless they are just trying to force the hand of the politicians...
I just don't get it...

The parasites have finally sucked the life out of the host, and will now die along with it. Good thing for
GM is that they can emerge from bankruptcy free of the parasites.

Bob

Tantalizer43 · 12-11-2008, 11:35 PM

I said it before and I'll say it again, This shit is scary...

12-11-2008, 11:10 PM	#15
stovt001 Drives: 2006 Cobalt, 2004 Taurus wagon Join Date: Oct 2007 Location: California Posts: 3,810	I feel bad for the workers whose union would rather have them jobless than take a pay cut. Well, there goes any chance I had of getting a job after graduation. __________________ "It's kind of fun to do the impossible" - Walt Disney There's a great big beautiful tomorrow shining at the end of every day There's a great big beautiful tomorrow Just a dream away

12-11-2008, 11:15 PM	#18
The_Blur Moderator Drives: 2018 Harley-Davidson Street Bob Join Date: Nov 2007 Location: San Diego Posts: 14,768	This rejection will cripple the economy, America's allies' economies, the automakers, suppliers, and workers. Article is by Leftlane, the first to report on the vote's failure to pass. __________________ RDP Motorsport//GEN5DIY//Cultrag Performance//JPSS//Rodgets Chevrolet// Operation Demon//Buy at Invoice//RACECARWEAR RESPECT ALL CARS. LOVE YOUR OWN. warn 145:159 ban

12-11-2008, 11:17 PM	#20
Hylton Drives: fanboys and ass kissers crazy. Join Date: May 2008 Location: Ottawa, Ontario Posts: 7,275	Absolute idiots! Now what negotiating power will the UAW have going forward? __________________ "BBOMG - More than just a car show.... It's an experience!"

12-11-2008, 11:21 PM	#22
GTAHVIT Blessed Drives: 2013 Sonic RS MT Join Date: Dec 2007 Location: Saint Augustine FL Posts: 28,441 View My Garage	And we start all over. I'm not sure if I want to blame politicians or the UAW for this. I'm thinking they each get 50% of the responsibility. Now is not the time for politicians to be making a point when they are contnent to throw money at banks... Nor is it the time for the UAW to play hardball.... I don't understand what the Union has to gain here unless they are just trying to force the hand of the politicians... I just don't get it... __________________ Click image to see build thread. PQ - "the love of cars. It's a boys first step toward manhood and a mans last hold on boyhood." Fbodfather - "We do not want to use the Z28 moniker on a car that does not deserve this hallowed name." The_Blur - "Let's not confuse competitors with equals."

12-11-2008, 11:35 PM	#28
Tantalizer43 Drives: 2010 Camaro SS/RS Join Date: Aug 2008 Location: Cincinnati OH Posts: 1,359	I said it before and I'll say it again, This shit is scary... __________________

12-11-2008, 11:11 PM	#16
bob2the2nd Drives: CGM 2LT RS Join Date: Oct 2008 Location: newark, de Posts: 542	just so everyone knows the vote didnt pass :(

12-11-2008, 11:25 PM	#24
bob2the2nd Drives: CGM 2LT RS Join Date: Oct 2008 Location: newark, de Posts: 542	The white house was threatening to use part of the 700 billion dollars to help out the industry... hopefully they do.

12-11-2008, 11:27 PM	#25
Vash Drives: 00 Blazer Join Date: Aug 2008 Location: Texas Posts: 5,100	They need Jay Leno to be the "Car Zar" not one of the typical Washington inside the beltway folks that Skeletor (Pelosi) wants. If it was up to me I would trash every brand and even GM itself. And restructure the company as the "Chevrolet Motor Company". Getting rid of every other sub brand and model that's not selling.

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