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Originally Posted by dellinger63
Not ALL the automakers would even qualify for bankruptcy. Ford and GM need to get out of the rediculous union deals they are into and don't need to go out of business just restructure. Strike a fair contract based on today's market. Must admit though the banks that became more hedge fund managers than financial institutions need to be out of business. Mortgage Brokers who stretched the truth, flipped numbers etc to get people qualified and out the door should be prosecuted. And lastly Barney Frank for standing up for Fannie Mae saying Republicans were being racist wanting more regulation and accountability? Have to think about that for a while.
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If you think we had time to "restructure" and wait out this process, I disagree. There are too many innocents who would have been added to the unemployment rolls if immediate action wasn't taken. Of course I agree that the union deals are ridiculous, but they have evolved over multiple watches over the the years and to just expect Obama to flip a switch in his first month to correct decades of ills is unrealistic. That's what gets me...you guys just keep cutting and insulting...and many times correctly, IMO, but where is the factual detail about what you would do? It's easy to sit back and just snipe away, but where is the sent from God right wing answer? And don't tell me "stop spending"...let's here details...details. Right or wrong, Obama is out there with a plan...And the Democratics are rightfully cutting it where needed. But where is the opposition plan to pull us out? Where is Newt's "Contract for America"..Where has anyone from the right come forward with anything constructive besides criticism?