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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (438349)	12/5/2008 10:01:40 AM
From: i-node	Read Replies (3) \| Respond to of 1574097

Sen Shelby has worked to incentivize foreign car makers to come to Alabama with more than $600M in tax cuts and now lobbies to deny detroit any help... We know why a Senator would try to get a new auto plant in his home state. That's easy enough to explain. Can you explain WHY any Senator, other than perhaps one from Michigan, ought to be trying to "give Detroit help"? Why should Detroit businesses not be responsible for their own futures? Why are you suddenly favoring, apparently, "corporate welfare"?

To: Alighieri who wrote (438349)	12/5/2008 10:51:51 AM
From: Joe NYC	Read Replies (3) \| Respond to of 1574097

And the states hungry for business allow this? plus they compete with each other with tax incentives Yes, they are. ...read that as tax payer money to FOREIGN auto makers...how stupid is that? We help foreign manufacturing companies and refuse to help domestic companies.... For one thing, the money is not going to pay UAW workers to work on crosswords puzzles in their job bank, like GM currently does. Sen Shelby has worked to incentivize foreign car makers to come to Alabama with more than $600M in tax cuts and now lobbies to deny detroit any help... Majority of the output of these foreign owned plants is already sold in the US. Would you prefer that all these cars were imported instead? These foreign car companies have figured out how to make cars in the US profitably, while Big 3 with their UAW albatross have not. Should the entire US go down with the Big 3? The Big 3 will go down if they continue to pay high school graduates pay that is higher than what PhDs receive... Joe