GM of Canada Job Cuts

[BJCHEV396]

Where do the bailouts stop Keith?7-8 billion to GM!3-4 billion to Mopar!You and are paying for it as tax payers.I'm tired of hearing about it and I'm real tired of paying around 42% income tax!Maybe it's time to pull the plug!They will probably be back next year with more sob stories looking for more handouts.

[Keith Tedford]

If they don't get the banking system sorted out around the world, The Big Three will be the least of our problems. Add to that all the Madoffs coming out of the woodwork who have scammed billions of dollars out of unsuspecting and greedy people and the mess just keeps getting worse. It's going to be interesting to say the least over the next 3-5 years.

[Hylton]

8 billion to save 7,000 jobs? That's 850,000+ tax payer dollars per job! Forget it.

[BJCHEV396]

Right on Hylton!

[Salvatore]

Well then what should we do? I guess if we don't help with the bailouts we will be paying billions for unemployment compensation anyway with nothing ever in return! Most countries have funded these systems for years. We, in North America are just not used to it. I guess we have become more of a Socialist economy to just exist.

[BJCHEV396]

You have some good points Sam.But where do the bailouts end?We all remember when the big three were making billions in profits and the unions were strking for more and more money and benefits.They all should have puts some away for a rainy day.Maybe they killed the goose that layed the golden egg!

[BJCHEV396]

I don't think we are arguing Keith.Just letting our views on a serious problem being heard.