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The Big Three Should Stand on Their Own Feet

by John Stossel

Do the executives of the Big Three automobile manufacturers think we're stupid?

"The societal costs [of the loss of General Motors, Ford or Chrysler] would be catastrophic — three million jobs lost within the first year," said GM chief Rick Wagoner during last week's congressional hearing (http://tinyurl.com/5veafw).

Fortunately, Congress didn't fall for it — yet. But next month or next year is another story. President-elect Obama is sympathetic to a bailou ...

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Posted by: Shirley deLong
Comment: #1
Fri Nov 28, 2008 3:56 PM

Barack Obama will soon become the 44th President! He's well-educated, well-dressed, and an articulate speaker! He's certainly not the ‘mutt' he calls himself, even as a joke, when talking about the new dog for his daughters. Americans, of all races, voted for change, without thinking or caring about their own responsiblities or contributions to society. Too many people made statements ‘I voted for Obama because blacks have been at bottom of totem pole too long, and he's vindicated us!' First of all, Mr. Obama is as much white as he's black! The reason you've been on bottom, as you put it, is because you chose your lifestyle by not working, living off social and welfare programs, having illegitimate babies, doing drugs, raping, murdering and stealing! It's time to stop the ‘blame game'! Barack Obama is inheriting a very depressed economy that started in 60's. It's unfair it's trickled down to taxpayers! Government must run like a business, if not, our children and grandchildren will have absolutely no future! Permanent cuts are critical in government spending, cutting salaries for politicians, and absolutely no bailouts or handouts! Freddie, Fannie, AIG, and the Big 3 need to file Bankruptcy! If these high-dollar thieves really believe the companies will succeed they need to go to bank, borrow the money and maybe, they'll learn what it takes to run a successful company! Hopefully, bankruptcy might teach them to cut extragavant lifestyles and their exorbitant salaries! When the average person makes $10.00 to $22.50 per hour. Union workers make an average of $50.00 to $100.00 plus benefits, it doesn't take a rocket scientist to figure out what went wrong in the corporate world? Taxpayers feel Barack Obama will stick to his words “he's going to cut programs until America is free of debt.” Top priority should be ‘Fair Tax' and making sure it includes property tax, so every person will be paying their fair share. While I'm on a roll, why should we treat the illegitimate population with the best of homes, clothes, schools, insurance, beds, food, tvs, just to name a few things? Isn't this unfair to all our Military fighting for our great country! Something's definitely wrong with this picture!

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