Anybody got a vibe about the Big 3 automakers?

[Callie McAllie]

I mean something psychic. Seems like everyone has an opinion on this subject.

P.S. I have been away a few days and I'm so glad to be back. Visiting my aging parents. Making the 7 hour drive back, about halfway through I just thought about the light that comes from this site and felt instantly better. Like I needed the light to clean out the cobwebs of the visit.

Thank you, folks at ASAH, for always being such a source of compassion and good feeling! Just knowing you are here gives me a boost.

[I Have A Dream]

1. Hi, Callie! I don't even have an *opinion* about this subject.

I just hope that we do the right thing, whatever it is.

I'm replying just to say that I'm glad that you were able to get a little bit of strength from the group and to thank you for your sweet words. I feel the same way about this group and the people in it... :hug:

I hope that someone comes along who can provide you with the information that you're hoping to get.

[Fire Walk With Me]

2. The (non-psychic) answer is that if they fail, it might bust the unions

and Republicans have been attempting to make that happen for a few decades. Thanks to another DUer for this insight.

[I Have A Dream]

3. Yes, I thought of that this morning.

Not only does it break up the unions, but it also takes away a powerful and organized group that almost always supports the Democratic party.

Thanks, Peake.

[Hermes Daughter]

4. Amen, Peake

For another (non-psychic) answer, I'm going to post verbatim what someone named Ryan wrote on Blue Mass Group. It's so well said, I hope people realize what Peake says is true. This is the last coup of the Bush Elites after the Last Grab -- (the $700 billion) they conned us into giving them knowing Obama was going to "spread the wealth." A recent post said the Illuminiti are over and done for. I'm not so sure. I call them the Elite and I think they're behind denying the Big 3 assistance because they want to destroy the unions. Anyway, this is what Ryan wrote along with the link.

No thanks
We're willing to spend a trillion dollars on an industry that produced nothing and, in many cases, didn't need the cash to begin with (the money went to healthy companies too that are now sitting on it, after all, waiting for the fire sales to commence).

Now, we're not going to dish out a tiny fraction of those costs to actually save jobs and real production? We've given into the right-wing politics of hatred for the working class and destruction of mutual prosperity? Pardon me if I'm sounding a little pinko right now, but this kind of chatter makes me sick - especially after we've seen the trillion so far to go into the financial sector and likely trillions more in the future. If GM auto workers went into work with a suit and a tie every day, you bet your asses they'd be bailed out.

Ford and GM can be profitable again. They will be profitable again, as soon as this financial meltdown is over, should they survive it. If we let GM and Ford fail, or force them into conditions where hundreds of thousands are laid off and hundreds of thousands more lose benefits, pensions and wages, then we only risk the spread of this financial meltdown. We only risk more foreclosures. We only risk the further destruction of the remnants of what was a once-proud middle class in this country. Maybe people, even here, are willing to parade on that corpse. I'm not one of them, especially when there's a real opportunity to do some good here, force some change while saving those jobs and hopefully putting these companies into position to create thousands more going into the future.

Ryan
http://www.bluemassgroup.com/showDiary.do?diaryId=14026

[Fire Walk With Me]

5. "A recent post said the Illuminiti are over and done for. I'm not so sure."

Rest assured, certain forms of negativity will be with us in the new world. Until the crows fall dead out of the sky and we each stand alongside God, I wonder if this will be the case.

[northernlights]

6. they won't let them fail

They fully recognize the devastating impact that would have on people, not only on the unions and midwest, but millions of jobs across the country.

They needed to give the CEOs a public smackdown for arriving, hats in hand, in private jets. And after the disaster of the wall street "bailout" with Paulson using it to pay off his friends, they need to make it clear that this isn't a giveaway. The CEOs simply have to come back with a business plan, like anybody getting a business loan would have to do.

They also need to make it a bipartisan deal. Like it or not, nearly 50% of this country is blind enough to have voted for McCain/Palin. By making deals bipartisan, the republicans have a stake in their success and a share of blame in their failure.

[liberalmuse]

7. I see them continuing to exist, but under an umbrella organization.

Though I don't know what that is.

[FirstLight]

8. Awww. thanks Callie, I feel the same way about everyone here!!!

:grouphug:

on the Big 3 - I keep getting that the breakdown is part of the rebuilding of our whole way of doing wealth and energy.
I feel very good about Richardson being in the Commerce role. Obama will have it handled.
He is going to re-tool and the infrastructure will be rebuilt, don't doubt it for a minute...

What happens short term won't effect the long term solution for him and his admninistration.

Someone sugested the Oil Co's fund the industrial bailout...that type of partnership solution is not lost on the Obama camp. But we need to be thinking abou more of these "marriages" in our wealth and comunities...we can make this happen from the ground up as well. I think it can't hurt for us to share some of these ideas with him and his team,

let's be a PART of the solution, rather than whining about the worst case scenarios that we have been used to under Bush. It ain't gonna happen that way, new Sheriff in Town, honeys.!