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<p>[QUOTE="medoraman, post: 1441878, member: 26302"]You act like the assets will go away. They will still be there, and something else, (maybe cars for another company), will be produced there. Protecting high wage, horrible union contract, extremely high benefits jobs at the expense of tens of billions of taxpayers dollars is simply unfair in my eyes. My should my tax dollars go to save an inefficient, overpriced job somewhere else?</p><p><br /></p><p>If a company cannot make it, its better for it to be allowed to fail. Other firms will see that and not take such huge risks, or will be forced to deal with union contracts, or make efficiency gains, etc. Bailouts like GM is simply corporate and union welfare on a massive scale. GM has been deficient in management AND labor for decades now. If they fail they deserve to fail. Why didn't Ford need a bailout? How fair is it that GM and Chrysler get to use taxpayer money to compete against Ford. Ford is being punished for being well run.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1441878, member: 26302"]You act like the assets will go away. They will still be there, and something else, (maybe cars for another company), will be produced there. Protecting high wage, horrible union contract, extremely high benefits jobs at the expense of tens of billions of taxpayers dollars is simply unfair in my eyes. My should my tax dollars go to save an inefficient, overpriced job somewhere else? If a company cannot make it, its better for it to be allowed to fail. Other firms will see that and not take such huge risks, or will be forced to deal with union contracts, or make efficiency gains, etc. Bailouts like GM is simply corporate and union welfare on a massive scale. GM has been deficient in management AND labor for decades now. If they fail they deserve to fail. Why didn't Ford need a bailout? How fair is it that GM and Chrysler get to use taxpayer money to compete against Ford. Ford is being punished for being well run.[/QUOTE]
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