We bailed out wall st with no string attached yet we arre unwilling to bail out the auto industry WHy?

We bailed out Wall Street with no strings attached because we HOPED that doing so would enable them to give out loans again and stop them from needing to foreclose on people's houses to stay afloat. Thus fixing some of the housing problems. We also assumed that the bankers and CEOs would have learned from the Lehman Bros. and Fannie and Freddie and would use the money to correctly give loans, and as you said, they didn't. They spent it all. Now the government has learned not to trust these people so much and are treating the auto industry loan with care despite the fact that they employ so many people.

P.S. I hope they get a loan.

I feel for you.I had to go through the same thing back in 2003.It hurts a lot I know that. I loved that job!!!!!!!!, but back then all these greedy company's that wanted to save money by moving production to Mexico and other lower wage paying countries are one of the reasons that we are in this recession . Sad to say is that the rich still don`t realize it or they know it but don`t want to admit it.You are so right when you say that if we can`t buy things anymore because our income got either reduced or stopped completely that they screwed themselfes.They don`t get it.We the regular workers are the foundation of a healthy economy.If we can`t spend they are screwed. It should not take much longer but shxxxxt is hitting the fan.It`s just so sad that we have suffer for their stupidity.The Oil company's are the next to blame.I think it is so ironic that all of a sudden everyone of these idiots are realizing that we are in a full blown economic breakdown.Now they lower the prize of oil but look what else they did. The prices of everything have tripled.Income hasn`t changed at all for us.Yeah it helps a little that the gas-prices have went down but I don`t see everything else going down or my pay going up. They should bail out the Auto Industries but they still don`t get it.It is so sad. They think that we are stupid because we are just little so called uneducated people.Little do they know.All this is really going to suck once this recession is going to turn int the next depression.We are just about there.I just read up a little about it and it`s strange.Look up The Great Depression on Wikipeda.The first one started in 1929 another followed with the collapse of wall street in 1939.Now we have both in one .What a record Hah Hah.Next year end with a 9.Maby hopefully this time it will mean that somebody is going to do something.I don`t think that people today would tolerate having to stand in line to get food ration.I think that if all of us workers that are left now would decide to just on one and the same day not to go to work would maby make them see.I really think that a global strike would do the job.I would love to hurt them as much as they hurt us.Oh I could go on and on about this but I would get to upset and they are not worth that.All in all They don`t care about anyone else but themselfs .We keep asking WHY,but the answere lies in their own GREED.

Remember BushOilCorp is still in charge! Bush's friends are in the making money off of money business. (Those millions in the auto industry are working for a living making things.) When the bailout started, BushCorp began handing out the $billions to those big money friends with no oversight from anybody. Nobody knows where the money has gone so far! Typical Bush Family shennanigans. Little money has gone to the vast number of hurting taxpayers for whom the bailout was supposed to be for. (Remember Katrina, the $12 billion in cash that disappeared in Iraq, Cheney/Halliburton's no-bid contracts,etc.) The public still has not caught up to the fact that they are being fleeced. This is Bush's final plunder before leaving office, for the Bush Family Motto is: "If God did not want them sheared, He would not have made them sheep!"

As for the big 3 automakers and their millions of workers and suppliers, they are mostly blue collar workers, for whom Bush holds no concern. And the carmakers themselves have badly failed to make cars that meet the needs of the public or the 21st Century. That is why they have been going into the "tank." Pick-ups, low mileage suvs, and 8 mile a gallon Hummers may be cool for those who can afford them, but the decisions to continue down that path with the likes of Toyota, Honda, etc. breathing down their balance sheets was just arrogant and stupid management. It is not unreasonable to expect them to show how they intend to meet these challenges before lending them the money, for if they are not really intending to change their management plans, they will go under and put millions out of work. They will get help from the Democrats, but don't expect anything from the Bush Republicans.

During the Bush Presidency, there has always been a separate set of ethics for the white collar and blue collar people.

lets face it people remember the power of the Auto unoins pulling in twice what the avge pay was,causing cars and trucks to be price out of reach of many people who would have liked a new ride,management at all three cos. were warned years ago that they were heading for disaster let them cry in their beer,they should have saved for a rainy day,

This was all planed start geting ready for a complete culapse of civilization.

Makes ya' sick doesn't it!