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Old 11-27-08, 03:58   #242 (permalink)
Len_A
Outta Work In Detroit
 
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Join Date: Aug 2001
Location: Westland, MI (Detroit suburb)
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Re: Should the government bail-out include domestic automakers?

Quote:
Originally Posted by MuttGrunt View Post
i'm not a fan of going to big daddy government for money... but somewhere u have to draw the line. like Len A, i'm from metro Detroit, and i've been able to see some of these things slowly building over the past couple years, to the point now michigan has the highest unemployment rate in the nation. that makes for tough times. the problem isn't just that the state is losing auto jobs, it's that all industries are affected by the big three here, and very very few new jobs are coming here. truly some tough times in metro detroit / michigan / spreading around the midwest and through-out america.
just seems real shady to see the backlash towards the auto makers when banks keep getting more and more. i understand we want people to have secure money/savings, but what does that do if they don't have jobs?

-Marc from Southfield MI
My wife's paralegal job here in Detroit is now on the line, sooner rather than later. Her practice group does work for one of more of the Big Three, and that makes them a vendor like any parts maker. All the contracts are being renegotiated, and "do more with less" is the operative word. So here I am unemployeed for fifteen months, and now...

Scary.

I agree that it's very unsettling to see the banks get money without so much as a hearing, and the auto makers get raked over the coals.
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