Chrysler president: Bailout 'is a necessity'

Common Citizen — Wed, 03 Dec 2008 21:05:43 GMT

Common Citizen: We have no more money for bailouts!

Chrysler president: Bailout 'is a necessity'

Gun To Head — Wed, 03 Dec 2008 21:07:55 GMT

It's always fun to have a multi-millionare, that has run his/her company into the ground, put a gun to your head and tell you to give him/her some more money.

Chrysler president: Bailout 'is a necessity'

Shera, Port Chester, NY — Wed, 03 Dec 2008 21:09:32 GMT

I say that 2 out of the 3 auto giants should stay. We can keep ford. I say let GM fall! Leave Chrysler on life support. These auto giants have had years and years to catch up in the way that other countries are producing their cars. And now when they can't even come up with one logical idea on how to solve the situation on their out, they want a cry and a belly rub. Screw you Auto Industry. The only thing I feel bad for is all of the auto works that will end ups sufferning because of their CEO's stupidity!

Chrysler president: Bailout 'is a necessity'

Barbara Pfefferkorn, Dallas, TX — Wed, 03 Dec 2008 21:09:53 GMT

I've already paid to bail-out Chrysler before in the 80's. Where did it get me?

Just say NO to GM, Ford, Chrysler bailout. Maybe this time when they re-structure, they'll be more mindful of sound business practices and not depend on taxpayer dollars to buy their lousy products.

Chrysler president: Bailout 'is a necessity'

No Bail Out — Wed, 03 Dec 2008 21:10:08 GMT

Isn't in Congresses job to make sure that companies in this country don't get so big that they can't be allowed to fail? Or does doing so depend on the size of the political contribution check that the automakers deal out to the Congressional leaders?

Chrysler president: Bailout 'is a necessity'

J Deans, Mobile AL — Wed, 03 Dec 2008 21:11:53 GMT

Okay, bail them out, but I want a brand new Cadillac Escalade in my driveway by the weekend. Leave the keys in the mailbox.

Chrysler president: Bailout 'is a necessity'

Robert, Trenton NJ — Wed, 03 Dec 2008 21:12:04 GMT

The CEO of Chrysler said, "Press said Chrysler was doing OK until the crisis in confidence and credit of the past 90 days."

Unfortunately this proves how out of touch he is with the real world. In addition, how could all 3 CEOs come to Washington last month without a business plan? Anyone who owns a business know that you must present a detailed business plan when requesting a loan. I think the fact that they came to DC without such a plan indicates why they're all terrible CEOs.

Chrysler president: Bailout 'is a necessity'

Trouser Snake — Wed, 03 Dec 2008 21:14:29 GMT

So let see if we all got this straight. Chrysler, GM and Ford can't run their businesses to save their souls, and suddenly it's the taxpayer that needs to shovel more money at the problem?

Chrysler president: Bailout 'is a necessity'

Mia in Miami — Wed, 03 Dec 2008 21:17:21 GMT

No more bailouts....ENOUGH!

Chrysler president: Bailout 'is a necessity'

Beverly in Chicago — Wed, 03 Dec 2008 21:17:48 GMT

I’d hardly call Chrysler President Jim Press’s appearance a” whistle-stop" tour.

At least Chrysler is thinking of green technology and the ripple effect of jobs; which at the moment is an endangered class.

Chrysler president: Bailout 'is a necessity'

Mr. Money Bags — Wed, 03 Dec 2008 21:20:16 GMT

Why not go to the banks for the money? Fill out a loan application like anyone else. Based on Fords, GMs, and Chyslers credit rating, I think they'll be able get a decent interest rate. Say, about 20%.

Chrysler president: Bailout 'is a necessity'

Wed, 03 Dec 2008 21:22:55 GMT

Barbara

Chrysler paid us back for the "bailout". It was a loan then, it is a loan now. If i loan you money and you don't pay me back so i take your house from you is that a bailout for you?

Chrysler president: Bailout 'is a necessity'

Fire All Auto Executives — Wed, 03 Dec 2008 21:24:34 GMT

Provide a bridge loan ONLY on the following conditions:

1) Fire all three CEOs
2) Fire all senior executives and management
3) Install a government oversight board to re-structure labor agreements and dealership agreements in the US
4) Downsize all makes and models to fuel-efficient cars (at least 50 miles a gallon)
5) Maximum number of makes/models per company = 3

Chrysler president: Bailout 'is a necessity'

Diane from Illinois — Wed, 03 Dec 2008 21:25:55 GMT

And WHY won;t they have a car on the market until 2010, one mught ask???? Because the same idiots begging for money today insisted on making big, gas guzzling SUV's instead of looking for alternatives. Poor management? Sorry, no money until they resign and replaced with competent management that can take the company into the future.

Chrysler president: Bailout 'is a necessity'

Arthur Dallas Tx — Wed, 03 Dec 2008 21:27:07 GMT

Ford has managed their money better than the other two, keep ford and tell the other two to kick rocks.

Chrysler president: Bailout 'is a necessity'

Anna Molly — Wed, 03 Dec 2008 21:33:00 GMT

I saw a commercial today where some auto executive was preaching to the choir about how we need to develop alternative vehicle options, and all I could do is think to myself ... how much money do you make, and this is just occurring to you now? Call me crazy, but it's tough to take the lesson seriously, coming as it does from the same ostriches whose heads have been in the same all these years.

Chrysler president: Bailout 'is a necessity'

Ken Driver, Yardley, Pa — Wed, 03 Dec 2008 21:34:51 GMT

Don't spend another dime. US auto makers don't use customer satisfaction ratings as does Toyota, they don't have a long-range strategy, and their engineering standards can't compare with Toyota and others. Let them declare bankrupcy and start from scratch.

Chrysler president: Bailout 'is a necessity'

John Maley, Darnestown, MD — Wed, 03 Dec 2008 21:41:51 GMT

Keep in mind that these companies are a large portion of what little industry is left in this country. This LOAN would not be different from what their competititors home governments have done for their respective auto industries. With an already pathetic GDP, we have to do what we can to save these companies and help them become more economically viable. They all make some of the best cars in the world, but they (we) have to overcome the "american car stigma" that was born in the 80's. FYI, with out these companies and their manufacturing capabilities we wouldn't have won WWII (food for thought).

Chrysler president: Bailout 'is a necessity'

Daniel C. Jamieson,Aberdeen,WA — Wed, 03 Dec 2008 21:52:48 GMT

Why should a private owned companys get to go to
the gov. to borrow money? Wouldn't that indicate that
if I own my company I can go and get a bridge,"NOT THAT ONE!" loan for my company?
sqwddr

Chrysler president: Bailout 'is a necessity'

rodeo, ellensburg, wa — Wed, 03 Dec 2008 22:02:15 GMT

We had the opportunity to drive a new Impala as a rental this weekend.It was TERRIBLE!!!!! GM is so far behind even the most rubbernosed offerings of the rest of the world it should not be paid to continue. We'd all be better off and safer in somebody else's designs.