I actually understand bailing out the autocompanies at this point - even some conservative economists are worried that letting these companies fail will make this recession into a depression. How many American jobs are tied to the big 3? The govenor of Michigan I believe said 1 in 10...that's a lot of purchasing power down the drain when retailers are seeing really bad numbers.

I just hope that some measures are put in place to keep us from heading down this road again though I suspect we're going to hit the trillions in bailout money before the end of this. Solutions? Regulating Wall Street is the no brainer but beyond that....

Guess I'll have to ask what this means.

I hope he stand and comes up with a good use of the money. I just wished that they would have said a big F U to the bonuses to those guys too

Hey, anyone can predict the weather, so long as you don't give an exact time and day. Just look at Nostradamus

It looks like we can find common ground if we try hard enough. Maybe if we can do this, then maybe we can teach our Gov't parties to learn to find common ground and stop all the "my ideas are better than yours" campaigning

I agree with those of you who say the BIg 3 should file for bankrupcy, get some good people in there to advise and help them re-organize.

A while ago, some of the airlines had to file bankruptcy and restructure...they didn't ask Congress for a free handout by way of taxpayer bailout!!

Why on earth should the American people bail out failing private companies? Doesn't make sense...yet the Democrats are going to ask that and when the Republicans say no, then they are going to be labelled as bad, not caring people. It's the same ol, same ol. 

The unions started out as a good thing, but now for the most part they are politicized arms of the Democrat party and have gone way overboard in their way of doing business.  

Perhaps they should have put those campaign contributions back into the company where it might have done some good, or better yet reserve it for employee's that would be affected by layoffs.

DO you have a source for that?  Or is it just speculation?

Shoulda, woulda, coulda.....and the dog just keeps chasing its tail at taxpayers expense. 

I didn't specify party in my comment. That said, don't you think it's irresponsible to to send funds to any candidate from an "organization" that is supposed to represent all of its members? Especially if that industry is facing difficult times? Although it might seem so, the problem with the automakers didn't just pop up out of nowhere. I'm sure the UAW did not equally divide contributions to all candidates. I'm sure not all UAW workers supported only one candidate. I think I'd be a bit PO'd if the money (dues) I pay this organization go to a candidate I don't support. The best solution is let the individual make contributions if they are so inclined, not the union (or the company for that matter). Too many special interests and lobbyists the way it is. No need to add more.