CEOs Asked For Auto Bailout And Congress Complied, The First Time.
In 2008, the fallout from the economic crisis and the oil price crisis brought the American auto industry to its knees, threatening bankruptcy and major layoffs for the major corporations.
In 2008, the CEOs of the “Big Three” auto manufacturers, Ford, General Motors, and Chrysler came to Washington to ask for a chunk of the money that Congress was getting ready to dole out.
The 1979 Chrysler Bailout Cost $1.5 Billion. Big Business Execs Pad Their Wallets With Government Funds While Social Programs Like Education Fall Off the Map.
The 1979 Chrysler bailout: Chrysler officials flocking to Washington is nothing new. It was just thirty years ago when the company first went to Washington to beg the federal government for a quick fix bailout to prevent the company from going bankrupt.
The Dollar, the Automobile Bailout, Unbalanced Macroeconomics and You.
Did you ever see an equation in high school or college that looks like this?: PI=PS + CS + GS?
Nope, probably not, unless you took a macroeconomics course in financial or business school. Not knowing that simple-looking equation is why most people (including politicians and news reporters) fail to understand the economy and how bailouts and stimulus injections negatively effect it.
Auto Bailout Boycott Ruffling the Feathers of the Auto Industry and Workers.
Auto bailout boycott is being supported by several politicians across the United States.
One of them who has taken mass criticism from the auto industry is Senator Richard Shelby of Alabama.
His political endeavors support the need to not give the auto industry a second chance because he see the possible corruption this is pointing towards and sees it more as a banking issue rather than the auto industry itself.
Auto Bailout Package Trying to Instill Fear in US Citizens.
The auto bailout package is being misconstrued to the public as being a key element to sustaining the faltering economy.
The messed up thing about this is that while we are being told this, the actual demise of the economy is being orchestrated by the banking mafia who are same ones lending and spending billions of taxpayer money.
Going Against Auto Bailout is Just Simply Saying “We Have had Enough!”
Single greatest truth working against auto bailout is the progression and reasons the car companies are where they are today.
We are a part of a larger spectrum and vicious circle that all plays off and feeds into each other.
The whole collapse of our economic structure is being set up like dominos by the private banking mafia that are running the political and economic show in Washington and on Wall Street.
The General Motors Bailout Benefits the Elite Who Guided These Companies to the Brink of Disaster in the First Place.
The General Motors bailout will prove to be the biggest scam this country has seen in a while when it comes to how much went to whom and who is really going to pay for it.
After the Initial Ford Auto Bailout How Many Times Are They Going to Come Back for More Money and Who is Really Behind the Current Economic Disaster?
The Ford auto bailout, which was part of the big three bailout, spelled disaster for everyone involved except the CEOs and the heads of the United Auto Workers. These people are also members of the Trilateral Commission and the Council on Foreign Relations.
Studies of the Ethics of Auto Bailout Votes Will Prove Intimidation and Bully Tactics Were Common.
When people speak of the ethics of auto bailout votes they are usually speaking of the tactics used by the Federal Reserve to force the American people into more debt.
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.
