THE CAR BAILOUT WILL NOT WORK

Was the Car Bailout Worth Giving to the Big Three Auto Makers?

The car bailout issued to the big three US auto makers seems to have many people in an uproar over whether or not it was even necessary.

There is also talk of General Motors paying big money to lobbyists to block any attempts to limit income levels of executives.

Claims were made the bailouts were necessary so credit for new or used cars would be able to flow more easily.

However, most Americans did not seem to have a problem when it came to purchasing a new or used vehicle.

US auto makers do not realize the problem did not stem with an inability for potential car buyers to get an automobile loan.

The problem lay with the auto makers themselves not listening to the American people and listening to the central bank instead.

For example, if a consumer wishes to purchase a hybrid vehicle to help the environment as well as save on gasoline expenses, that consumer would more times than not purchase a foreign made vehicle because of reliability and price.

This set the wheels in motion for the crisis as was planned by the Federal Reserve.

Because of the financial crisis Americans have become more discerning with their spending habits.

This is causing some major financial difficulties in the American auto industry due to the high prices and low quality of vehicles compared to those of Japan or Korea.

The car bailout will not help unless the US auto industry changes many things about their operations, income levels, and their attitude toward the environment.



WHY IS THE GOVERNMENT SO QUICK TO BAILOUT?

The car bailout was just the next thing in line to keep Americans in debt. There have been many questions concerning the fact that bailouts are relatively easy for the right companies to get their hands on. This question has remained unanswered while many Americans are spending most of their time now working to pay off the national debt that is beyond human reasoning.

The auto bailout has been considered to be one of the biggest scams the American people have had shoved down their throats in quite some time. Complaints of inability to pay employees or to pay employee pensions when they were let go are running rampant.

The real problem is the criminal elite behind the Federal Reserve. The crisis was planned as part of the way to get the American economy on its knees. This will facilitate the bringing in of a one world government run by the same elite.

DO EXECUTIVES REALLY NEED THIS MONEY?

The average American has a hard time with this concept as well. Auto makers in Detroit make twice as much as the average American. With this kind of money, it would only make sense they would have enough savings to get them through until the company could begin paying their pensions.

With the car bailout, the middle class and the lower class, or poorest among us, will be suffering the most. While the auto makers and auto workers live a life full of luxury other families live in hotels that seem like roach traps because they are paying for the lifestyle of the criminals who are creating money with a click of the mouse.

Share/Save

Real Action is Required to Succeed in the Current Economy. Eliminate Your Debt, Make Money Easy Online, or Market Your Website Online. Fill Out the Form for Your Free Analysis.

* Required field


Privacy Policy
Truth-It
Article Discussion
Comments on: THE CAR BAILOUT WILL NOT WORK...

This article has no comments.

get your truth fix
  • JibJab eCards
  • CollegeWeekLive, the Free Virtual College Fair
  • Easy VHS to DVD for MAC - New!
  • Save up to 40% at your favorite stores.
  • Your Pictures As Posters. Overnight.
  • Visit GlobalGiving.com
  • Try Angie's List!
  • Take An Extra 10% Off Your Order!
  • Smart Email Backup