Protests interrupt car industry bailout hearing

United States
December 5, 2008 12:21am CST
http://www.youtube.com/watch?v=Ie9t8hTBZNs ^There's a video of it. So, there's sporadic protests reported. A little bit back, there were "End the Fed" protests in late November, mostly organized by Ron Paul's Campaign for Liberty (and corresponding groups, as well as people who just in general took inspiration from that). And I've heard that a handful of Ron Paul supporters are planning more protests around December 15th. "End the bailouts protest". http://www.youtube.com/watch?v=ZTWIVwhA-Kg ^ There's a video about that. So...if you hear any more whispers of budding protests...I daresay, encourage it! People are antsy and angsty, and they NEED to get fired up and educated about what all this means.
1 person likes this
4 responses
@avidwhit (1492)
• Mexico
5 Dec 08
May I ask what do you think? Should they be bailed out? I am interested to hear what people think about this? Bail or no bail? :)
• United States
5 Dec 08
While I have the greatest sympathy for those who will lose their jobs -- my answer is no they shouldn't be bailed out. I'll list my reasons: (1. First a foremostly, the money will be printed or borrowed. Which was one of the early contributing factors to this crisis. It devalues the already nearly worthless dollar, and concievably, more bailouts could destroy our currenc because of the debt and inflation. THEN where will we be? (2. The car indutry had plenty of time to change their ways when the people made it clear that they would not and could not buy their regular MPG cards (30 MPG doesn't cut it, so why would 20 mpg? The general consensus I've seen is that 60 MPG is the minimum)...during this past year with the gas prices. They need something people can afford. Both initially AND in the longterm. They made small halfarsed changes, and it was a step in the right direction..but their mistake was believing that they had all the time in the world and that people had the patiance for their crap. (3. And lastly, the idea of saving those who would not save themselves and mostly listened to the siren call of greed...is wrong to begin with. These companies have huge, HUGE amounts of wealth. Certainly,if they keep producing things they can't sell, they'll go bankrupt...and yes they have all those cars that won't sell to deal with, and there are no easy options...but I think they still could save themselves if they wanted to. The rich heads of the companies could concievably give donations to their own companies to accomplish this. I'm aware that the workers are innocent bystanders and it's unfortunate...but I can't see any avoiding it. Even if these companies ARE bailed out, they're still gonna lay off people because they'll want to "slim down". We need better cars, we don't need babysteps or people living in the past. To be fair to everyone, in terms of all our futures, this is the only wise thing I can see.
1 person likes this
@avidwhit (1492)
• Mexico
6 Dec 08
I personally think they, the ones needing bailed out have held back evolution of technology long enough exploting the world at possibly almost any costs. Any news if there are getting a bail out?
@xfahctor (14113)
• Lancaster, New Hampshire
5 Dec 08
I find it frightening that mnay people are still looking at each piece as seperate issues. T.A.R.P. was far mre than a "bailout". It was no accident that it was interpreted as one. It keeps the public focus off the reality of it and that being that it was an illegal and unconstitutionl power grab. The end the fed protests took place in 15 cities, I listened to Dr. Paul speak at one, pretty inspirational and it is sad that not many in the main stream society aren't listening more. It is sad that it never made the main stream media outlets. but agian, I don't believe that was an accident. The reason it wasn't reported on has nothing to do with how legitimate it wasn't, but how legitimate and serious it IS. Follow the money trail. Follow the hiearchy. Ms Paranoia, you, despite your age, are very well informed and realize a lot of things that most adults in here don't so you know eactly what I'm talking about.
• United States
6 Dec 08
Know it? Heck, I'm often saying just that! You're exactly right, of course, I just wish more people realized what you have, I have, and so many other clever people like Ron Paul and other activism leaders. Following the money, keeping an eye on certain individuals' influence, says alot of how things really happen. I don't know how closely alot of people watched the original bailout plan unfolding, but it was really enlightening and educational for all those who did -- though not unexpected in the least. People spoke very loudly back then, their reps' inboxes, mailboxes, phonelines...were all flooded. And whenever they signed online or listened to the radio was the same outrage. So, the first time 'round...frightened of losing their jobs, they listened. The second time 'round, certain people whispered things they were more frightened of...and alot of them listened to them instead. Fortunately, alot of them lost their jobs for that...but that doesn't change where we're at today. Nothing's more frustrating to me, than that. This crisis is built on alot of things and keeps getting new parts to it...but it's all the same problem. You can't just treat one thing and expect it all to get better. It all feeds off eachother and builds. People keep acting like if only we fix this or that, that things'll be fine. That's something else people often forget, that you mentioned there; it not only worsens this particular problem, but it also undermines our personal liberty. Nowadays, it seems that an evidence of things being significant is when the media purposefully ignores it. Alot of these events -- End the Fed, the Liberty March in Washington, the spontaneous protests across the nation when the bailout idea was put to the vote...things like this which were so big, that get little to no mention by our national mainstream news (but was still mentioned on foreign networks, like Russia's and Iran's)...I think it's a major statement and helps enlighten alot of people. It shows people the extent of how screwed up things are, and hopefully it shows alot of people how the situation we find ourselves in today really is.
• United States
5 Dec 08
I totally agree with you. I have no need to watch the utube videoes...I'm on the RTR mailiing list. All this bail out crap is destroying the economy and the consumer'smarket, let alone the value of a hardearned dollar. People do need to become informed of what their government i doing to their contry. But unfortunately, in the words of the writers of the declaration of independence, man is more comfortable living in crappy situations than he is standing up against his own government....ok...not exactly their words,but the same meaning.lol It's time for Americans to follow in their founders footsteps and declare their inalienable rights as a free an independent people!
• United States
5 Dec 08
I was watching the big three bail out meeting yesterday and was alittle surprise when I heard the protesters. I thought americans were getting pretty apathic to the way our congress is just throwing away money. It is nice to see that some people are starting to care about it. But where were they went the gave away billions to wall street and the banks (neither of which have used the money as it was entended I might add). I say good for them. They got their voice and opinion heard. More people need to get involved with the decisions our government makes. Not just this one but all of them. Maybe if they realize we are going to be keeping a very close eye on them and then scream like heck when they are screwing up maybe they will start behaving more responsible.
• United States
6 Dec 08
Screaming, stomping, marching does plenty. Heck, it nearly stopped the original move toward the bailout. That's plenty evidence to me. I was thrilled to hear people protesting on that video, and I hope this is a sign that people are about ready to speak their loudest really.