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Old 12-05-08, 09:27   #264 (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 Mr. Clean View Post
LenA, to be blunt I've grown weary of your little name calling here and on at least on other forum. I've read ad nauseum posts by you about how "special" you are, and how we "keyboard jockeys" have no business even having an opinion on the matter. Yes you are right and we are wrong. Gee what were we thinking that with our taxpayer money that we should require some accountability. Your posts grow more antagonistic to those of us who disagree. For as you said
Telling me the domestic auto companies should disappear is antagonistic. Let the mods lock the threads if those of us who depend on manufacturing for an income can't voice our opinions. All of you critics crab about your tax money used to give the Detroit automakers a bridge don't take into consideration that those of us who have worked directly for the Detroit 3, or in a supplier or support industry to the Detroit automakers, had a portion of our federal tax dollars sent back to Kentucky, Indiana, Tennessee, Alabama, Mississippi, and Texas, for various federally supported programs that in turn were used to give, not loan, but give huge tax breaks to the transplants to build their manufacturing operations in those states. Detroit's manufacturing base is older, and more often retooled rather than rebuilt, and when it's rebuilt stays general close to the old location, so they have not benefited as much from state and federal subsidized give-aways. How much did Texas give to Toyota for the San Antonio truck assembly plant, and how much did Texas fork over for the adjacent supplier park? Where did those tax dollars come from? Were those of us in the Detroit based industry subsidizing our own competition, and doing it through our own government?

To be blunt, and if you want to talk about a fair discussion, answer those questions, please. No, I and everyone who posts in favor of the loans have to hear ad nauseum about how bad Detroit is, how crummy the workers are, and how they shouldn't get any money. While our tax dollars are diverted to incentives for foreign owned manufacturers, who in their home countries enjoy far more government support, than our domestic manufacturers ever have had. Where do you think the initial working capital to improve their products came from? And to ask for a loan is made to sound like a bailout, when it's a loan, and in most cases collateralized - where's AIG or Citi Groups collateral?

And you're weary of my posts and accuse me of being antagonistic? Maybe I'm wrong, but I see multiple signs of a double standard.
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