What would you want from an automaker bailout?

[struggle4progress]

[notadmblnd]

1. Jobs

[struggle4progress]

3. !!!

[notadmblnd]

2. Jobs

[SammyWinstonJack]

5. !!!

:thumbsup:

[MadHound]

4. Nothing, no bailout

Let the market sort this one out. Yes, yes, I realize that thousands of jobs would be lost, but you know what, continuing to bail out industries simply for the sake of jobs is just prolonging the problem, and in the end will lead to a worse mess that what we have right now. The jobs mantra was one that was preached as a reason for the Wall St. bailout, but guess what, Wall St. is still hemmoraging jobs.

Will it suck? Will it be painful? Yes, it will be both of those in the short term. However in the long term we will still have an auto industry in the country, one that will be more innovative and more in tune with the market. We will also wind up with a much healthier economy.

[The2ndWheel]

6. Agreed. Until it happens again

That's physical reality for ya though.

[pampango]

8. Voted "other". No bailout.

The US is a large market for cars. We have plenty of skilled auto workers. We have plenty of capital and the other resources necessary to make a viable car industry.

Something tells me that when you add all those factors together there will be an automobile industry in the US in the future without rewarding the ownership and management of the current car companies that have proven their stupidity for decades - no just the last few months.

[99th_Monkey]

7. "OUTSOURCE-PROOF" THE FREAKING JOBS: i.e. Worker-ownership anchors jobs/capital in communities. ~nt

[hughee99]

9. I don't have an issue with the government taking an ownership stake...

But is option 4 suggesting that while the taxpayers pay for the bailout, the ownership stake should be given only to the company's employees and NOT to the taxpayers in general?

[flvegan]

10. A pet monkey.

Oh, and much higher mpg cars, no future outsourcing, creating of American jobs and interest on the loan.

[struggle4progress]

19. "No outsourcing" is an excellent addition

[JVS]

11. I demand a free fucking car. This fucking bullshit is ridiculous.

[dhpgetsit]

12. Average mileage around 40 MPG and...

100% employee ownership, with the upper management being dismissed without pay or benefits of any kind.

[Tierra_y_Libertad]

13. A new Toyota. The one I have is going to outlive me.

[NashVegas]

14. More Cars That Don't Cost a Year's Tuition At Harvard and Syracuse

[old mark]

15. Don't want to see a federal bailout of anyone again, ever,

no how, no way, period.
Especially when the companies in question are doing business everywhere else in the world as well as here.

mark

[ProfessorGAC]

16. Flattening Of The Salary Structure

Make deep cuts starting at the top. As you go down the corporate ladder, lessen the severity of the cuts. By the time you get to the shop floor, those people will hardly have to lose a thing.

Attrition will probably be enough to reduce that part of the payroll.

If the execs don't want that condition, then they will go broke and then nobody wins, even those with parachutes.
The Professor

[lpbk2713]

17. "Part ownership of the company by workers" sounds like an excellent idea.

Mainly because it would make the RWers heads explode. :rofl:

[Ron Green]

18. Make them stop building cars and start building trains.

Let the Koreans build the cars.

[kiranon]

20. Good idea and include building tracks for the railroads.