While the UAW spent $400 million in attempting to elect Democrats this year, I expect them to do what is best for their members. If this situation was so dire, then that money could easily go to assist their members.

Obviously, they only continue to seek their own hunger for power.

UAW blew the deal at 10:15 p.m. ET last night because they wouldn’t accept pay concessions for management.

This was never a bailout of the car companies who do nothing more than operate as limited manufacturing for pensions and over-inflated wages — it was a bailout for the UAW.

This small business owner hopes the Bush administration has the macho to withdraw from a UAW bailout.

Dow closed UP 64.59 — stick that socialist slimewads!

But the White House is actually considering the bailout, instead of rejecting the concept out-of-hand. The so-called Republican leadership is supposedly examining the bill to make sure that the taxpayers are protected - SAY WHAT? If they’re examining the bill, that means that there will be a bill. You cannot write protections and taxpayer guarantees into legislation and somehow compel sound management from them. All the safeguards in the world are not going to prevent us taxpayers from owning big chunks of a derelict industry.

The big 3 have had 30 years to take actions that could have abated their crisis, if not forestalled it altogether. But they chose other paths instead. Only when facing immediate death do they suddenly get ‘religion’. I don’t believe them; they are not about to change their spots that quickly. Just because they drove a car to Washington I am suddenly supposed to believe that they have re-thought their lives? What crap.

The free market is doing what it is supposed to: weeding out the poor players, the stupid, and the incompetent. Bailing these jokers out solves nothing, and only prolongs the agony. Let ‘em go to Chapter 11, and a much stronger enterprise will emerge, and much more quickly. Because of people like you, Rep. Bachmann, I have not entirely lost hope. But my hope is on life-support.

And saying “it’s worked” when all it did was convince other members of the industry they could get away with the same tactics is dubious, at best.

Short term aid is not a strategy. It’s band-aids on gunshot wounds.

What’s truely astonishing is that a few months ago these automobile manufacturers were the devil. They were the epitomy of evil as they help perpetuate pollution by shoving SUVs and trucks down our throats. However, now they need a bailout. They are too big to fail. They are… beholden to the unions who have strangled their companies to the point of bankruptcy.

I don’t get a bailout for my massive debt after my rough times (divorce, deployments, moving, etc…) and I have mouths to feed, not overhead.

Does the Congresswoman support Louie Gohmert’s Tax Holiday? I would imagine so but what is the support in Congress for the Congressman’s bill? We need to Fight ON!

I believe in trading where we the GOP has leverage. Right now, the GOP has leverage on the auto bailout. I don’t support a bailout here unless we get something for it. My own preference again is for an extension of tax cuts on dividends or capital gains or both.

I just find Bachmann’s argument simplistic and inadequate for the basis of a conservative economic policy.

Chrysler was bailed out, and here they are again. The S&Ls and then Bear Stearns were bailed out, and the financial sector ignored the problems that were creating the need for those bailouts. And lo and behold, here we are again.

Bailouts don’t solve the fundamental industry problems. *That* is the issue. And whether or not we “get something in return” is immaterial, and indeed, naive pork-barrel politics. Rep. Bachmann is right, and you are missing the heart of the issue entirely.

And she is also right, at least in part, as to what has caused the Detroit 3 these issues. The extortion that is Michigan’s Gross Receipt Tax System is another contributor that crucifies them. And their consistent lack of market foresight and willingness to deal with economic realities tops it all off. None of those merit a bailout.

And just which banks will put up billions for GM and Chrysler? With or without a guarantee from the feds.

This blog is too heavy on the sloganeering and too light on analysis. The congresswoman would do well to consult with Paul Ryan and Sen Corker.

Why wouldn’t they do this through the bankruptcy courts? Are they also negotiating a pre-packaged C11?