Comments on: A Liberal Against a Detroit Bailout http://www.blogarithms.com/index.php/archives/2008/11/18/gmbailout/ Doug Kaye's Weblog Thu, 19 Jan 2012 17:38:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: John Warner http://www.blogarithms.com/index.php/archives/2008/11/18/gmbailout/comment-page-1/#comment-76108 John Warner Fri, 21 Nov 2008 11:44:56 +0000 http://www.blogarithms.com/?p=904#comment-76108 Why should the autoworkers get bailed out? They are co-conspirators in the decline of the big 3 by voting for all those high wage union contracts over the years. They should bear the brunt of their decisions too, and not ask the autoworkers at Mercedes in Alabama or Toyota in Tennessee to bail them out. Why should the autoworkers get bailed out? They are co-conspirators in the decline of the big 3 by voting for all those high wage union contracts over the years. They should bear the brunt of their decisions too, and not ask the autoworkers at Mercedes in Alabama or Toyota in Tennessee to bail them out.

]]> By: Hal D http://www.blogarithms.com/index.php/archives/2008/11/18/gmbailout/comment-page-1/#comment-75933 Hal D Tue, 18 Nov 2008 19:30:11 +0000 http://www.blogarithms.com/?p=904#comment-75933 I'm a liberal too and I mostly agree with your sentiments. But... I watched the Obama 60-Minutes interview last night. He raised an interesting point (paraphrased): Can we safely let the automakers go into Chapter 11 in the current macro-economic situation? IANL but doesn't there have to be a bank or some entity that oversees the assets during Chapter 11 reorganization? I’m a liberal too and I mostly agree with your sentiments. But…

I watched the Obama 60-Minutes interview last night. He raised an interesting point (paraphrased): Can we safely let the automakers go into Chapter 11 in the current macro-economic situation?

IANL but doesn’t there have to be a bank or some entity that oversees the assets during Chapter 11 reorganization?

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