Hello bloggers.

Who is more pompous and arrogant....Barney Franks and Chris Dodd or the Big Three Chairmen along with the President of the UAW?

Who would believe that they would already have sent a bill to the floor preparing for a vote and we will go through the motions of "discussing" expecting to be able to ram it through yet both Franks and Dodd speak about "oversight" and being there for the middle class. Yet watching their choice of words and non verbal language one could tell that they were just as arrogant as the ones coming not just asking for money but expecting money as automatically as if the congress was an ATM machine!

Happy Wednesday! So, will they or won't they? Will Congress bailout the Big 3?

Hi all,
the more I learn about the Big 3 Bailout, the more I'm against it. Their management refused to make changes when they should have. Why bail them out when we could use the money for other/better purposes?

What happens to retiree pensions if GM goes under?

Hellooo Anderson, Erica and best bloggers!!!
Happy Wednesday night!
Whoa!!!! that is so big dive down 427 points! Ouch!!!! I am glad that bailout cancelled tonight.

Perhaps it's wise to take time to decide what to do with the big 3. Who else will need help to prevent a ripple effect? Many companies, I'm sure.

Any restructing should require the firing of the arrogant CEO's who flew into Washington in private jets. Do they get it?????

Would someone please tell me why those grinning idiots are standing on the NYSE balcony applauding at the closing bell when the market just dropped 427 points?

hello everyone
hope everyone's having a good week

Sick of these congresspeople blowing off and doing nothing.

Anderson:
Brian Ross in his report on the Big 3 CEOs flying their jets is incorrect. Brian states that the price of a ticket from Detroit to Washingtin is $330 or so and first class would be a little more. Check NWA.com and see the price of a round trip coach ticket is $834 coach and $1379 first class. CEO generally travel with security, Governmental Affairs and some aides. Say this is ten folks then the price of a round trip is about $14000. I agree symbolism here is not good, but CNN likes to say you are keeping them honest. Much of the other folks commenting on this issue also have a grain of truth in what they are saying, but overall much of their comment is not fact. Also, the pay issue is not quite correct when you compare it with Lehman. I could go on

Evening everyone.

Minou,
I agree with you..... I am against bailout right now. I hate this!

I saw a headline today on the net "Beg Three to ask for bail out."

Cracked me up, Beg Three.

No matter what, the Democrats will ram through this bailout in January anyways no matter what the American people say. If the bailout is wrong now, it will be wrong then.

Did they each fly in their own jet? Why couldn't they take just one jet? Or at least fly commercial?

Wow, the Big 3 CEO's really got blasted. I believe it's deserved, but man, that's rough.

bring manufacturing jobs back home, by American products built by Americans. tell the corporate CEO to sell the jet and make all there employee proud of them for doing the right thing.

The Big 3 want $25 billion? Exxon should give it to them since they've made record multi-billion dollar profits.

I guess if the auto execs had shown up in DC via Greyhound buses the deal might have gone through

As someone who drives a foreign car, I still can't figure out why we "won't" compete. I don't think it is that we "can't", but we choose not to make decent goods in this country. It has become so "disposable" from all aspects that we shouldn't wonder why or how we got here.

CEO's really have it made..

Union workers at the big three make $75/hr. Auto workers at nonunion Toyota and Honda US plants make $45/hr. The big three lose money, Toyota and Honda make money. Any questions?

If congress supplied $25 Billion to BG Automotive Group or Philadelphia, they could produce 1.5 million "Electric Cars" per year, hire 500,000 auto workers in 2009/2010, reduce gasoline expenditures by $3.5 Billion per year and reduce CO2 emissions by 7.5 million net tons per year.

Where is our money better spent?

Hey all,

Brenda, I think the retirement benefits are guaranteed by the Feds... I think there is a fund out there that acts like insurance. But, of course, there is a limited amount in the fund...

Someone add in if you know more about this.

-= Scott =-

Well that was a public relations nightmare for the Big 3.

Stalled bailout for the big 3 automakers? Let it stall and fail. See how long they can continue to fly their luxury jets. The smart ones will change their ways and change their product to help support change in our country.

How can GM build a multimillion dollar plant in Russia and at the same time ask for a handout from the American taxpayers?

are the ceo's as safe in there cars? security reasons do they have a fleet of cars that make them feel safe??

I wish that our Government would solicit world-class auto makers such a Mercedes, BMW and Lexis. Offer them a sweetheart deal to them to absorb the GM workforce; retrain its workers and retool its facilities. Do away with the unions and get busy. This county has an appetite and love affair for awesome automobiles. Let’s make world-class cars and stay in business, make profits and elevate the economy of the MI. GM had its heyday; its time to look to the future and make the necessary change to insure permanent success. Our tax dollars were not designed to subsidize the US auto industry.

I hope will change going up the stock tomorrow morning.

good evening everyone... what do you think of those ceos asking for billions and still flying on private jets...? oh yeah, it's for their security.

No wonder they fly privately for "security reasons," most of country is ready to throttle these CEO's!

I'd favor the bailout with appropriate restrictions. We bailed out people with retirement funds. Make the CEOs earn back the right to their bonuses; with so much progress within x period they get so much money. Maybe we need to change the shareholder lawsuit laws and get enforcement that way.

I’m wondering where the public’s outrage towards the auto industry and it’s business practices was when they were falling all over themselves to buy (on credit they could not afford) all the over-priced gas-guzzling cars and SUV’s on the road now.

They were a little outrageous flying in their jets but the real focus is on the millions of jobs hanging in the balance. GM is way to big to go under and not affect the entire economy. Give them the money but keep an eye on and step in if necessary.

If the CEO's are worried about security, let them each hire a bodyguard. It'd be a lot cheaper than a jet.

Clealy the PR for the automakers was not working today becuase if they were they should have told the CEO's to take Delta instead of a private plane.

Instead of giving the money to the big 3 executives. Give the money to the buying consumers. Give $5000 to each taxpayer 30 years and over. They can only use this to purchase a new North American made car. You could even say from the big 3. The car has to be new car and the buyer has a certain period of time to spend this money. This is a potential $10,000 dollars per household to buy a new car. It would certainly stimulate the economy.

Hi Anderson,
According to what I have heard in the news in recent days the “American auto industry” is asking for $50 billion to save themselves or 3 million workers will be out of a job.

First, I was not aware that we only manufactured GM, Ford and Chrysler automobiles in this country. Where are all of the other guys? Why don’t they need money?

And how many of the 3 million workers caused the problem? I say let’s help the workers that had nothing to do with decisions that led to their demise, maybe 2.5 Million of them.

I believe, if we took the $50 Billion and divided it by 2.5 Million ( since the executives in the corps(es?) named above testified was 3 Million the number of people affected, I am assuming .5 Million of them are the “leaders” that coused the mess in the first place) we end up with about $20,000 that we could give to each of the 2.5 million people to help them in the transition to get a job with a profitable automaker or get trained in a new line of work.

Let’s get this idea in front of Congress for a vote!

I liked the remarks of one of the congressmen today when he asked the CEO's why Americans would buy their product when they weren't up to par with foreign vehicles (even those made in the US) and the service was less than adequate. I don't think the CEO's had an answer. That, after all, seems to be the crux of the matter. They just no longer make reliable products compared to Toyota or Honda (or even Hyundai or Kia).

Just out of curiosity, would it ever occur to the big 3 auto-makers to ask the big oil companies for a bailout loan?

Y'know, that thing about the executives having to travel in private jets for security reasons is probably legitimate. Do they walk around with personal body guards too?

The best way to bail out the car companies is to take that 25 billion dollars and give the American people a $25,000 voucher towards a new car. The American people get a new car and the car makers get the profit . It's a win win situation.

Let CEO's of all companies use the company private jets. As a private jet pilot myself, I need to have people to fly around!

Car companies make autos that run on oil and gas. Oil companies need cars to use their oil and gas. Why don't the Big 3 go and borrower their needed funds from the Oil industry given all the profits the oil companies have made this year.

Arriving in cushy private jets with their hands out? Come on... When are corporate big shots and thieves going to realize we really aren't stupid.

Sad thing is we have stupid people at the top that we all see HAVE to GO!!!
The ones that lose are the middle class worker...

WHY...Get rid of those men and lets get this country back to working!!!

Obviously no one wants to "bail out" a multimillion-dollar corporation or three executives who fly in to Washington on corporate jets to ask for a taxpayer handout. But the fact is that the auto industry employs up to 3 million people directly and indirectly, including the smallest suppliers, many of whom employ workers from middle-class families who support American businesses by buying other goods and services - all across this great nation. The ripple effect of not supporting a bailout would devastate the future of our country and the bedrock of manufacturing here in America. Certainly any bailout must call for a "buy-in" to ingenuity and innovation and also the shakeup of the Big 3 management. Millions of good-paying, family-sustaining jobs are at stake.

Would someone please find out how much Union executives make per year? Do they also receive bonuses? We are all over the Car Manufacturers about what their top management make..how about the Unions?

How arrogant of these CEOs; I wouldn't know these men from the next person on a commercial flight (though I'm not sure how I could afford to fly anywhere right now either)

The big 3 can not stay the course. they will run a ground with out massive restructuring in all facets of the business

Seriously, security? Bloomberg rides the subway everyday to work. Don't you think the NYC mayor would need more security than the GM of Ford?

Why does Anderson feel it is improper to have a CEO use a company jet? Would it be more productive to have a CEO of Ford or GM sit and wait at the airport and conduct business there? Give it a rest! Corporate jets have nothing to do with the issue at hand!

Anderson:

While I agree that flying in the corporate jet – instead of commercial coach – is horrible symbolism, the security aspect is not so simple. Ask Edward Lampert.

I wonder how many companies fly their jets to their bankrucpcy hearing.

Instead of giving money directly to the big three automobile makers, Congress should consider giving a tax break to every taxpayer who buys a car from GM, Ford, or Chrysler. This will definitely boost sales. Put more American made cars on the road, help the big three, save the jobs of American workers, and help the people who need to buy a car.

How about those execs driving to Washington in some of those cars their company makes. I believe if a company cannot make money than the CEO's compensation should be greatly reduced.

Thanks

Could you ever imagine the Japanese government allowing Toyota, Honda or Nissan go bankrupt?

A question that should be asked of the Big 3 by Congress. The auto maker that can give the American people a car that gets 45 MPG now…will recieve funds. They sell these cars out of the country, what’s wrong with the good ole USA.
The big boys says, they need a private jet for security reasons, doh! I wouldn’t know one of these gents if I looked them straight in the face. Big salaries, small jets, and large ego’s. Are their call signs GM1, Ford1 and PT Cruiser1 when there in the air.

I think the Big 3 should not be bailed out because they drove themselves into the ground by making SUVs.

I feel bad for buying a Japanese car and not further supporting our economy. But the fact is, while across the sea they were preparing for the fuel shortage, GM was producing gas guzzling hummers without advancing into the new market. All that on top of the fact that the American car is still statistically the most unreliable, its a lose-lose situation!

The private jets look really bad. I mean, couldn't they have at least 'jetpooled' and shared one? Three separate jets does seem kinda nuts

Living in one of the cities with a GM plant closing next month, I just hope that GM doesn't go under completely. We are already out of over 3000 jobs and with all the retirees here who could lose their health insurance and even a portion of their retirement this city will be toast.

While watching the hearings today with the 3 CEOs, I heard them stating what they would be doing different in the future if given the money. Things such as cutting salaries, etc. were mentioned. My question to them next would have been why hasn't this been done already??? Their companies have been in terrible shape for years, but now they want to make these changes????

Nobody else can get away with running their companies this way...why should they be bailed out?!

Talking about the Big 3's CEO's private jets just distracts people from the real issues. George W. Bush has 2 private jets and they are 747's! The United States has more debt than anyone. Maybe Mr. Bush should be flying charter.

Why are they only asking for a handout from America? These are international companies. The big three haven't been American companies for years. Ask China, India, Mexico for a handout.

I find it a bit hypocritical that congress is attacking the three big executives for spoiling themselves. Is this the same congress that allows convicted felons to keep the retirement pension?

Bailout? What are you kidding? Not that my opinion matters, (I am a middle class funder for the billionaires of this great country), but NO, N-O. I think the CEO's of this world need to take a lesson from rural America, and realize that you can live on less, you can get by without jets, manicures, spas, and get away weekends to just unwind, from all the pain they must all be feeling. They have absolutely no idea what it is like to live on a budget or do without instead of getting everything they want. Would somebody for the love of all that is Holy & good keep people accountable?

M Deal

These CEOs are enough to make you sick. If they want a bailout for their company they and all members of their Boards of Directors should forfeit ALL personal assets over $500,000. maybe then they would have to learn how most of America really lives.

each one of those jets cost 15 million dollars. It's not much but I could use it?

Has anyone wondered who's running the country right now? Who's in charge, who's paying attention to this bailout business and keeping Paulson accountable? Where is Bush?

I don't know Anderson, even if it is for their security you'd think these CEOs would have learned by now that image matters and these things look really bad to the American taxpayer. I wish I had a private jet to fly on for my safety, but then again, I'm not a billionaire looking for a government handout so I couldn't afford it.

The big 3 aren't the only companies going under today. No bailout! The airlines restructured after 911. They need to restructure too.

This discussion and nitpicking about private jets is ridiculous. For a CEO running companies of that size, do you not realize that taking several more hours to be on a commercial airliner can EASILY cost that company far more in opportunity cost than the $20K you are obssessed with? While the CEO is spending those extra hours in line, his executives, staff, and workforce - as well as millions of employees and suppliers - are impacted by decisions from him. Timing of every decision at this point in time is of the utmost importance. Not to mention a comment above that the cost is more than just ONE CEO; it is all those that travel with him.

The big question is: If we bail them out, why would we ever expect them to be able to run their businesses any differently. If many of us have known for a long time (and buying efficient, practical, smaller footprint cars for a long time- even as "soccer Moms) and the auto companies are just now trying to make adjustments, it will take years and countless billions to shift the momentum. Too little, too late. They determined the fate of all those connected to the auto industry many years ago.

Am I the only one that sees the common destructive thread of the last several years in American big business? The Big 3 automakers, the Wall Street investment houses, AIG, the airlines that used the bankruptcy laws to rape their front line workers of their hard-earned pensions, and on and on and on: big, fat, excessive executive compensation packages that have spun way, way, way out of control at the hands of unbridled capitalism, Boards of Directors that are beholden to those executives and apathetic stockholders. When will the uprising come?

Anderson,

Good job guys.... They fly to Washington to ask for money on their corporate jets. It's crystal clear to me the problem we're in. We shouldn't be bailing out these guys or AIG who plans on giving bonus' this year. Let them go under and fund industries that support the workers. That's my 2 cents.....

Drew

The "Big 3" flying corporate jets and blaming "security requirements" is a joke. The requirements are there simply because their salaries (i.e. the companies' investments) are SO over-inflated.

This also speaks to a mindset – they expect the American workers to cut their spending (as long as it's not on their vehicles) and know they will, but believe that as executives they don't have to, despite the fact they are running their companies right into the ground.

A bailout – sure, just as soon as they all step down.

Corporate Jets and billion dollar bailouts...It happens that I work at Citi and as we watched our stock tank today, we had the same discussion...how can corporate CEO's justify Lear Jets, millions of dollars in compensation packages and BAILOUTS...It makes no sense!!!! And it's insulting.

why don't the oil companies bail out GM/Ford/Chrysler?? The tax payers have had enough!

The bailout should provide the Big 3 with the liquidity that they may need, however, it is important to effectively monitor the use of that money.

I feel if they are held accountable on a periodic basis, the bailout help can be measured and more control is provided.

Good evening!

I understand the need to bail out the big three auto makers and hopefully save some of those jobs. But at what point to do we stop bailing different industries out? Where do we draw the line?

Anderson, I had the same reaction to the CEO's flying into Washington DC on private jets for security reasons, it made me smile

As we consider the bailout, we are faced with two divergent moral imperatives–protecting the American worker or punishing the greedy auto executive. To do one is to comprimise the other. America has to choose where its ethical priorities lie.

Seems to me if UAW is paying employees $75.00 per hr to along with lifetime benefits, that is a recipe for going under. Eventually, it had to catch up. No wonder vehicles cost so much these days. Add to that all of the waste the companies have at the corporate level. Hmmm, I know how to cut waste and trim the fat here at home. Still, I do not think the car makers should go under. Bad for everybody. Ripple effect. By the way, I drive an 05 Hummer and an 07 Volvo.

Who would be next retail stores, grocery stores, etc. What would the Big 3 do if this ridicilous 700 billion bailout wasn't an option? Go into bankruptcy and renegotiate there contracts. They don't carry about the many workers they ONLY care about lining there own pockets.

I am very conficted about the bail out of the big 3. I am originally from MI and have seen that state decline over the years. The loss of jobs in the past and in the future is very disturbing. I blame MI for most of the problems that it is having. It is so dependent on the auto industry. The state should have diversified years ago. I currently live in NC where many manufacturing jobs have been lost. These workers were given retraining and the state worked at getting other jobs and industry in the state for these workers to have a good job. MI could take a lesson from NC

Insulting, The motor boys could not find their way around an airport terminal. Maybe they could of drove to DC.

Giving, loaning…whatever you want to call it..to the auto industry is a band-aid and not a fix. why has no-one ever stood up for American and Canadian jobs which were so quick to be shipped overseas..yet when heads come calling to save their shareholders investments there is a senate committee organized…the result of the loan..more jobs shipped overseas and terminated..

Anderson,
I think maybe we can use jet commericals to fly instead cars or bus. I am really worried about stock. I agree with you Anderson, it is security too.

Patty, I have to agree with that! They saw this coming and did nothing about it.

anderson

if you let gm ford and chrysler go under the costs of the suppliers and support companies going under, the costs of the government taking over the pensions and the losses would be well more than 25 billion to the taxpayers and me being a retiree shouldn't i be able to go back to work if gm renigs on my contract to pay me when they re-organize?? is 5 million people being ruined worth it?

And just what security issues do these CEO's face?

It doesn't seem fair for the Senators and Congressmen to tell retired auto workers that they must lose most of their retirement benefits (which they earned and was part of their legal contract), when our legislators have given themselves such a sweet-heart pension. Why can't pensions be separate from the company as they are supposed to be fully funded (then they couldn't dissapear do to bad management )

If we as taxpayers are expected to bail out the Big Three automakers, shouldn't there be guarntees that the bailout money stays in the US and the money is used to employ the US citizens who bailed them out? It shouldn't go to build GM's Suburbans in Mexico.

Regarding the auto industry bailout, it's obscene that these CEO's can justify asking for assistance after years of non-creative and largely un-competitive practices. There is no sign that they can improve their failed policies, and the the taxpayers should not be asked to take such a large gamble. We should allow capitalism to run its course and weed out the companies that cannot adapt, while using the $25B instead to train workers who may lose their jobs for new industries such as alternative energy production. That would be a game-changer!

These big three CEOs are insulting the American taxpayer by flying in on their private jets spending thousands of dollars on unnecessary transportation. They would need less security if they weren't exploiting our tax dollars and started spending wisely maybe they would be safe to sit by us on a commercial flight.

The problem with the private jets is that a Chrysler spokesman today said that safety is the prime concern when "their employees" travel. I can guarantee you that their ordinary "employees" are not able to access the private jet for their business trips. While everyone understands the security issues, there's absolutely no reason all of the Big 3 CEO's and reps could not have pooled their resources and taken only one jet – not three.

Hank you make a good point. However on the ticket price, major corporations usually have airline discount rates... plus a lot of the car companies govt affairs people are already based in dc.. and as for security, they can do without it. they arent that recognizable, or they could arrange to have local security in dc

The Big 3 CEOs just don't get it. They are out of touch with reality, and this sad state of affairs is reflected in their cars.

Too many autoworkers have lost their jobs and homes for us to not demand major concessions from the Execs whose failures have led to this situation. Workers laid off, homes lost, families suffering, retirees losing some benefits, etc.

Make the Execs take major pay cuts, say down to $50,000, and put overseers in place! The handwriting has been on the wall for 30 years!

Security Reasons...........what security,??

The secret plans for more gas guzzlers? Company strategy to stall development of electric cars? Plans to increase their salaries by another few million or so if they only lose 10 billion next year?

HOW dumb do they think we are,? What incredible arrogance at every level in the industry.

If you buy the excuse for security for the CEOs, then all government employees should be flying on private jets or government planes and not a the lowest possible fare in Coach class as they do now...........Many of you bloggers know that this is the current score.

Who's paying for the "private" jet? Is it really privately owned by the ceos or does the company pay for everything related to the plane?? (cuz, if the company doesn't pay, then I guess it's none of our business how the ceos travel)

I would think those CEO's flew their private jets for convenience more than security. Never heard of that before.

The average American gets fired or goes to jail for some of what these CEO's have done. (Not just the Automotive Industry) Why is there never any retribution, fines, or penalties for these arrogant, arrogant men. Greed and arrogance by a very small minority has led us to this point.

Anderson, Regarding the potential auto industry bailout I know most people are against this however I think the one issue that we mostly fail to consider is the national security implicatons. If these businesses fail in time of crisis will the US have the manufacturing capacity it needs to respond to threats based upon its reduced manufacturing capacity.

Why don't the Oil companies bail out the big three automakers with their profits for the last two quarters of 25 plus billion dollars? They built the gas guzzlers that made them their huge profits in the first place. Seems fair?

Hi Anderson,
How about this...let the oil companies bail out the big three auto companies. They seem to be the only ones making any money these days! Besides, don't they go hand and hand anyway

I think they should do the loan bailout, but they should get rid of the management. I have to think about all these jobs that may be lost because of poor management. No one should have to lose their jobs because of this, these people have families to take care of.

I am tired of the whole blue collar vs white collar argument of the bailout. Is it true that the average hr rate of GM factory workers is $80 an hr?. Maybe if everyone in the company took a cut not just the top few the company would be in better shape..oh yeah I forget the power of the union

I come from a GM city in Canada. I support GM and the people of my city. GM should get this money but they need tough sanctions from the US/Canadian Government so that they don't just blow this money away. GM needs to change its CEO, Products,Employee Wages and Management. I think these measures will sustain GM.

Those very expensive private jet require American manufactures and workers.

The CEOs of all these companies and that includes the banks should take cut in pay. The gap between worker and boss is just too great.

John A Sowby

If the CEOs from GM, Ford and Chrysler flew on their private jets from Michigan to Washington, DC today, why couldn't they have come together using only 1 jet? After all, they came to beg together, didn't they!

The CEO's of the "big three" should be fired and held legally accountable for their gross mismanagement over the past decade, if not longer. Their arrogance and ignorance is inexcusable. And about the ridiculous amount they've been paid to be ignorant should be repaid to the stock holders. I'm wondering what they were doing w/the billions in profits they've made over the years? Absurd.

The Senate situation reveals the difficulty with women's progress. Hillary is better qualified that Reid to lead, but seniority governs. Seniority includes a past of discrimination that puts women at the bottom of the totem pole. These guys should step out of the way and give Hillary majority leader.

Is a CEO that hard to replace that they need private jets for security. Hey given the job they've done I have to believe if someone kidnaps them there would be dozens who could step in and do as well....or as badly.

At what point do we as US citizens realize we have a larger voice that speaks volumes to our house and senate to say "no we do not want waste or frivolous spending" by corporate executives who want more of our money.

Anderson, it is up to you and your peers to keep us informed so we can keep on these thieves. They need to know their ultra mega spending spree is over!

For many reasons, the potential bailout of the big 3 is a terribly difficult topic. I feel for the families that face tough financial times, but I have a hard time believing that the big 3 will take this money and use it responsibly. It is quite clear that they have not been responsible (otherwise, we would not be discussing this).

evening everyone,
It's a hard life being a CEO isn't it...you just cant go without a private jet these days!
What worries me is if Ford in the US goes under, then will the European division go with it? (my Ford is broken, yet again)
It's something that doesn't just affect what goes on in the US, but what goes on over here too.

Have we forgotten that Chrysler needed a loan to save them before, and the loan was repaid and the government made a profit, and thousands of jobs were saved ???? Wake up Senators, "Joe the autoworker" is a real person also.

MarkC
Dallas, Tx

A private plane for security reasons? Spare me the over-inflated egos. I'm tired of hearing about posh corporate retreats as AIG asks for more money, and I'm tired of hearing the auto industry whine about their plight. They spend recklessly, build automobiles nobody wants to buy, and give concessions to a union allowed to break them further. If I ran my personal budget they way these narcissicts run their businesses, I would go bankrupt – as these companies should do as well.

The only reason the car executives would have to worry about security is if the peolple who bought their cars came after them. No one else would care

I think we should help them out with a low interest loan and then fire the current CEO's with NO golden parachutes. There are thousands of middle America workers that will lose their jobs if we don't and the trickle effect will be devastating to the economy. I can see their need for the private jets, but don't understand why they couldn't have at least "shared" one today.

the Big 3 CEO, i don't now who they are, they aren't Elvis so i would not recognize them from Joe Smo at the airport.

I just watched your segment "Keeping them Honest" on the CEOs of the big three. I for one do not think they deserve one penny of our taxpayer money. This is a sector that has been going down the drain for years. The current econimic crisis has nothing to do with their state of affairs.

Then to fly to DC on corporate jets to appear before congress to beg for money! Give me a break! How important do they think they are that they fear for their security if they fly commercial air? I for one fly regularly and can say without a doubt if one of these guys was in line behind me I would have no clue, nor would I care who they are!

Private jets for security???? Monstrous egos at work ... what's the risk ... certainly not one based on quality, cost, design or efficiency. This is more of the same Marie "Let them eat cake" Antoinette from over compensated execs and their union partners who are thumbing their nose at the very folks that have attempted to support them. Stop the insanity!!!

no more bailouts period.

Big 3 bailout? Give me a break. Do we really need 3?Let them go into BK, and re emerge as one or two lean , mean companies with a purpose, to make a good competative product. Then take the bailout money and help the displaced workers, retrain and keep thier homes.

Flying in to ask congress for money on their private jets just shows they don't care what anyone thinks about what they do.

Are you kidding me? Castigating the CEO's for flying in private jets! How about our country going into bankruptcy and the frills that our government servants (congressman) exploit everyday on the backs of the taxpayers?

I think Congress uses private jets and perhaps they should nix them? But, I will say that the big 3 arriving in jets was a lack of any ounce of big brains on their part.

I am so torn here. I do not want these Big 3 arrogant, irresponsible, CEO's to be rewarded - but I'm frightened at how the market will react ...

Separately – Chuck - I had the same question. What is there to clap and smile about with the market today?

I think the CEOs should have l"uxary jet" sharing - they could use only one instead of three and save about $40K, lots of fuel, but most important reduce ltonnes of greenhouse gasses!

I'm against a bail out for the big three automakers. Let them go into bankruptcy, and restructure. otherwise, where does it stop?
Barry Moshinsky Korat Thailand

No bailout!

Granted millions will lose their jobs, but if the strategy and vision is properly executed then less that $300,000 would lose their job.

The bottom line is management. Poor managemen leads to bankruptucy. The CEO 's are out of touch!

Fire M anagement and everyone in the Marketing Dept. replace them with qualified brand and marketing strategist who understand the customers!

The econony disasaer is convenient bailout for a failing industry!

Let's make better cars for the future.. owner of Jeep Cherokee!

All the "bailouts" are really supposed to be loans right? If the big 3 (or any other institution) looks like they're going under how would anyone expect to get their money back.

What about the environment re the private planes flying the big 3 ceo's to washington? They are so arrogant & care only about themselves – they are egomaniacs. Let the company go down the tubes! Only thing, feel badly for the people who are going to lose their jobs, houses, etc. All because of these self-centered idiots! They really think the american people are stupid!!!!

This has just been a matter of time. While the rich get richer and the poor get poorer-someting has to give. This is it and more to follow unfortunately. How long did these big shots think they could keep raping the system???

Here's a clue for the "Big Three." Build quality products and we will buy the product. I am sick and tired of hearing "Buy American." I work hard for my money too, and we do not owe it to these companies anything! I prefer to put my money in a quality product that lasts.

I am against the Big 3 bailout. I think that those companies should suffer just the same as the rest of America. I do feel terrible for the people employed by those seflish companies but they should be upset at their employers and not us tax payers. What about all of the small business owners that can not afford a private jet to fly to Washington and beg for our tax money? The idea of bailing them out sickens me and I am totally opposing it.

Why couldn't the big 3 "bailout" include an attachment wheareas each taxpaying household, who contributed toward saving this industry, could receive a tax deduction if and when they chose to purchase one of their products within a specified time frame–say seven years.
A win-win situation for all and it encourages Americans to support the blue collar workers who build these fine products.
JL

When was the last time that a CEO of a car company was kidnapped? What is the security issue we are talking about here, lets be real, the American public is not stupid, these people have a lifestyle they are accustomed to and and not willing to to change that when they know that because of the mere issue of the loss of jobs it would caused if not bailed out, that their jobs are safe and they can pretty much do what they want. I am Joe Public and I say fire them all and replace them with someone who needs a job and is willing to do what it takes to keep a company afloat.

How ironic that these CEO's show up to beg for money yet the jets they flew in on cost 20 thousand for making that flight! Then they try to divert the attention to that by saying the real story is in the jobs that would be lost. No, absolutely not!!!!! NO BAIL OUT for those jerks.....

i think that thoes c. e .o are going to need there privates jet's now for security after the display of dis-conect with the common citizen. are we really going to give these pepole 25 billion $$$ . let them go down , like the Titanic.

NO BAILOUT, I worked in the "old boy" auto industry for many years and they never listened to what the buyers wanted...let alone women and minorities. I left them and purchased an import. I am a union member with a bankrupt airline under the thumb of corporate greed and outsourceing...God help us all.

I do not understand why the CEO's of the big 3 automakers have to use private jets for security reasons. They are not celebrities or high end government officials. Most people wouldn't recognize them, as they look just like everybody else. And if they are concerned about personal safety they should just disguise themselves.

How many of the "Questioners "on the hill today arrived in their private jets?

I agree, why not give the money to consumers as a tax credit to buy electric cars if built by a USA company? Then all electric car companies such as Zap would benefit. Or make sure at least a small portion of the loan money goes to companies like zap. They are making electric cars today. Also I heard that GM is also trying to buy one of the largest chinese car companies the same week they are begging and riding in $20,000 one way flights.

I feel that the big 3 cs. should think about taking a pay cut, your company loses money and yet you take bonuses.how can you ask taxpayers to bail you out. you have taxpayers over a barrel because if taxpayers do not help a lot of people will be out of a job so it seems we must help the big 3 auto companies

Hi Anderson, Erica, everyone. I'm sorry that was a dissappointing day on the markets. Market problems do sort of show that the big 3 do need a bailout.. Maybe not out of the 700B but something.

Ali's report on loss of manufacturing jobs is important, also highlights the need not to loss more such jobs.

What are you people thinking. If the big 3 go down so will United States. Think about the suppliers that are all over the U.S. The little mom and pop stores who depend on customers. The restaurants and department stores. It is just not in Michigan, it is all over. What about the big shots who took the money for AIG and went to fancy spas? What about the banks CEO's who also have big paychecks and perks? It is just not the auto companies. The government should stop importing foreign goods. We import more than we export. There is where the problem lies. Let's take care of us first!

I find it amazing that automakers are flying in private jets and doing life as usual as the rest of the U.S. struggles to stay afloat Let the automakers use some of the cash they have stashed away in personal and hidden accounts to save the auto industry. (just a thought)

There is an old saying in business, "If you are not part of the solution you are part of the problem." Todays' display by the automotive industry executives at the congressional hearings can leave no doubt that they are part of the problem, if not the entire problem.

i say no bailout for the auto ceo's. lets use the money for a company or companies that would care more for the employees that don't care for

If the three auto makers want a loan, they should state to Congress that they have worked with the Unions and will decrease employee pay and retirement/health benefits-–to match those paid by Toyota, Honda, Nissan, in the U.S. Then and only then will they have a fighting chance to compete! And don't forget, this will be a LOAN that will be paid back. It's not a gift.

go hillary!

The auto industry is much more than the big 3. Dealerships have been diversifying into non-big 3 products since the 1970's!
Look at what Americans are buying. A bail out isn't likely to change our buying habits, or the habits of the big 3.

If it's true that hard working people will loose their jobs if the auto companies go broke, then I guess we have to bail them out. But I will demand them to give up those big paychecks & the private jets. What do they mean security reason? The average American have no idea who they are. Today was the first time I ever take any notice of them. Did anyone want to hurt them before today?

I just flew from Minneapolis to Boston in first class next to former VP Walter Mondale on a Northwest airline flight. I think if a former vice president of this country can fly commercial without security risks the CEO's certainly can.

The arguement regarding the Big 3 Bailout has nothing to do with Corporate Jets or Executive Honchos. It has everything to with my 74 fathers pension, my small business that caters to car dealers and all of the employees at those dealers I see everyday.

Take a look around, our country is going down hill and the government is ready and willing to stand idle while our last great manufacturing industry dies.

I can see us all lament the result when that industry is gone and nothing was done.

Welcome to Toyota and Honda USA.

I say no bailout until all the CEOs are fired and start living like the rest of us. No more jets for us tax payers to pay for. NO NO to the bailout. There will be jobs with Toyota and Honda, who know how to build good cars. GM built a good car with Saturn but then they ruined that car by making bigger Saturns. My Saturn fell apart on the interior and they would not even fix the headliner that was falling down so I could not see out the windows. I bought a toyota and they take good care of their cars.

NO BAILOUT

Regarding this BAIL OUT, heres a novel idea, GM, Ford and Chrysler- why doesn't the CEO's get in one and drive to the hearings?

Security reasons? Senator Joe Biden took Amtrak everyday from Delaware to Washington DC. I think the the CEO's are a little too arrogant in assuming they're faces are so well known.

On the subject of the Auto Companies and Jets: How did the UAW President get to Washington ?

hello all,
let me be the first to say i am againist this bail out i mean come on we have absolutly no evidence that that are going to change there plan or anything and we are not going to write a blank check if we extend this to the automkaers(which is doesnt look like its going to go through not now not ever) then we open it up to everybody i mean circuit city is in trouble do we bail them out? dhl is in trouble do we bail them out? i mean come on people we have got to draw the line somewhere and i am also against taking it out of the bailout fund they are getting what they deserve

Gov't should not help the three auto makers. They build inefficient cars and expansive also. What will they offer for American people if the US Gov't help? Will these auto makers make better hybrid cars better than the Japanese Auto makers? Will their hybrid be cheaper than Japanese made?

If it costs nearly $20,000 to fly in the jet then how much does that add up to a year? Plus all the millions they get as bonuses and such... no wonder they are going bankrupt!

After seeing your report on the Big 3 CEOs flying their private jets to DC fbegging for bailout dollars – I was appalled. While I still believe we cannot let this industry fail, the bailout should require the resignation of each of these 3 fools.

I believe that we should bailout the Big Three, we already bailout an insurance company. Along with this bailout, some sort of cost savings on their part, is needed( get rid of the private planes and the CEOs need to take a salary cut)!!!

Corporate America is way out of line and out of control. Stop the bail outs! They are putting this country in debt. Debt on the tax payers, and debt our children will suffer for. These Corporate Execs suck the profits out of the companies and then want to be bailed out!

The Execs that arrived in private jets definately are not living in our day to day world.

Please no bailout!

Private jets were not necessary, they could have flown one charter plane together...since they are all in the same boat. Oh, and how about that UAW....they have been "restructuring" for years now. The arrogance of these guys is appalling and a public relations nightmare. I really doubt that congress is even capable of tackling this deal, let's not forget that this economy started melting down back in 2006 when the power shifted, so why didn't the mighty democrats start dealing with it then?

My question for the Big 3 automakers is "why aren't you flying your private jets to meet with large banking firms to get your $25 billion loan?" The answer is obvious: no private firm would loan these companies that type of money based on their track records. If private firms won't throw good money after bad to rescue these corporations, why should the government?

The security thing is a tax loophole on the jets. I said before; we need corporate lawyers on this job to figure out how the rich think.

Yes, flying private jets looks bad but after spending many wasted hours due to a single missed connection, I understand the need for efficient transportation for executives. I didn't even have a congressional hearing to attend.

How can any business or worker justify making 96% of their salary when they have lost their job or in the words of the Union become part of the "job bank"?

There is a Canadian Auto Pact. The failure of any of the Big 3 would also effect jobs in Canada. Will the Canadian Government provide financial assistance to the Big 3?

That is good idea for Gov Arizona Janet N will take it Homeland Security Secretary.......

This is my suggestion for the auto makers, take their jets as colateral for a loan, send them home in coach, and flag them down a taxie, they are selfish ,arrogant , and should be replaced.

Why bail out the major "3" automakers? If they forecast a dramatic loss in quarter earnings and shares, they should have initially contested a piece of the first bailout initiative. After their loss now they want to complain and beg for assistance – absolutely not!

My father has been part top level management in a lot of companies and when it comes down to cost cutting, everything from janitorial staff to even Vice Presidents are let go of. Why the Big 3 are hemorrhaging 20 thousand dollars, or the monthly salaries of hundreds workers at a time like this is beyond me.

We are borrowed money to bail out banks and now we are talking about borrowing more money to bail out car manufactures. Do any of our representatives understand the concept of borrowing? I don't believe most of them even understand the difference between the national debt and the national deficit. Can you at CNN please explain it?

What the automakers really need is a set of laws that will give them time to find a way out of this mess. Congress should not provide a cash bailout, but should pass laws that failing companies could use to hold off their creditors so they can eliminate executive bonuses and perks, cut unnecessary costs, and retool their businesses to be more efficient.

Wait a second...don't we already have those laws? That's right, it's called bankrupcy.

So the CEOs show up in thier own jets, big deal. You don't understand, these jets make the companys money. Why don't we all ride our bikes to work? Because our cars make us money. Stop looking at the jets and focus on the real problem; the unions!!!

As a previous employee of Ford for 18 years (sumarially release on July 18, 2008), I can personally attest to the wanton financial waste within the company. Ask CEO Mulally about all the property they have recently aquired via Ford Land, ask him about the free gasoline perks to executives, ask him about his bonus this year.

Ask the CEO why video conferencing was not used recently this year for an executive / senior management meeting that cost the company over $190,000 in flights, hotels, and expenses.

I think they are asking for a get-out-of-jail-free-card instead of operating with sound fiscal policies and procedures.

As a small business asking for a loan, the bank looks for a plan and expects the small business owner to be serious in his/her success by putting up their own collateral. When the BIG 3 were asked if they would sell their jets and fly back commercial no one moved. So these business owners are asking for a loan but don’t display a serious concern to ensure their business succeeds. So if we give them what they are asking and they end up failing again what’s next. Give them each a walking bonus of millions? I vote against all of this bail out and let it implode. It’s like the environment taking back what we humans have abused.

Unfortunately, this country will continue to reward failure, especially failure of the rich and powerful.

We need to look at this bailout of the Auto Industry from another perspective: Industrial America is dying and should be doing so. It should be making way for the information economy that has been around since the last quarter of the 20th century.
American manufacturing is dying and it part of the evolutionary process of our country.

I am a victim of the auto mess. I worked for a sub-contractor that manufactured the foam used in the interior of several models. I was unemployed last month due to this situation. I feel the big three sould not be given an money as part of a bail-out plan. They show up to ask for money in Lear Jets and I have to drive to the bank to deposit my unemployment check in my 10 year old car with 115,000 miles. They are more worried about their stockholders then their employees.

Congress should pass the auto bailout with one stipulation: instead of traveling via private jet, GM, Ford, and Chrysler CEOs must drive GM, Ford, and Chrysler vehicles.

Hello Anderson, Erica & Bloggers.

I do not think Congress should bail out the big 3 automakers. Who bails out the small ma and pa shops & restaurants? I think they should file bankruptsy just like everyone else and then start over. Who will Congress bail out next? Hospitals????

The three big American Automobile CEO's have nothing to worry about personally, so why worry about spending the companies money on private jets.

Yet, they want to appear that they are doing their job (by asking for money, or else everyone else will suffer).

GM needs to learn sensitivity and more thoughtful spending habits. When their CEO was in Washington asking for a bailout–having arrived on private plane–in Santa Monica a media cocktail party was held at the swanky restaurant, Michael's, for the purpose of familiarizing journalists with the Chevy Volt. I couldn't believe it given the current state of things. Regarding the bailout, if they could revamp management, tighten their belts, and commit to zero emission automobiles, maybe it's a good idea for everyone. Of course, people will need jobs and credit in order to buy the cars. Which I do hope is the case for all Americans. This economic crisis, well is just that and I sure hope to see it pass sooner than later.

The big three automotive CEOs claim they use corporate jets for security reasons, yet Senator Joe Biden goes home on the train every night with presumably no body guards. Are they more important or vulnerable than a member of Congress?

Re. Bailout of auto companies. I think CEO's & senior exectuvies should receive minium pay, no bonuses & replaced. There is no reason for all the workers to suffer because of their mistakes.
Why couldn't they fly together? Or drive in a van together?
The workers should not have to suffer because of their excesses.

There will be more foreclosures with so many laid off. Plus the other businesses that supply the auto companies.

Thanks for listening. I enjoy the show.

I don't care that the CEO's of mega billion dollar companies fly on business in Company Jets. Its about time, security, and taking staff and communications equipment in the flying office I do mind that bolt turner with little education get paid more than Family Practice physicians why have spent $250K plus sacrificed for years of study and no pay. I won't buy a car from that type of car maker. The union bosses are not living in poverty either.

On the other hand GM is on the right track with the Chevy VOLT. That would be good for GM and America.

I hear time and time again that the big 3 don't make relevant products that people want to buy, and they're they're not as high quality as foreign auto makers.

Has anyone compared product lines? Toyota have 6 'gas guzzling SUV' models compared to Chevrolet's 5, and on average, Chevrolet and Saturn offer more fuel efficient options including hybrids as well! The Chevrolet Malibu is the best quality car in it's class according to JD power (that class includes Camry and Accord). The Chevrolet Volt, due to roll out net year makes the Prius look old-tech and downright wasteful!

For people to overwhelmingly say 'let them go under' as they do here on CNN polls is a disgusting attitude! I say, lend them the money and let them kick Toyota and Honda's rear. The government will make money after these company's get back on their feet!

Why are people so unpatriotic? I just don't get it. Have you guys seen the Corvette Z06? It's Awesome, and it a true global sport's car that competes with German and Italian rivals! The Mustang, the Solstice, the Sky! These are great cars – these company's FINALLY have their act together – let's not let the recession kill them off!

The country should give the auto makers the bailout money but only conditionally. 1st they must limit executive pay, perks and golden parachutes. (when workers do a bad job they are shown the door without a parachute, executives need to live under the same rules). 2nd they must agree to build (not just assemble) the cars in the united states. 3rd they must agree to build vehicles that are low or no carbon producing 4th no worker pay cuts without huge executive pay ,perk & benefit cuts and no executive pay raises without worker pay raisies.

Anderson,

I must say it seems populist, petty and perhaps extremely harmful to harp on the fact that the Big Three CEOs took private jets to Washington. In focusing so singlemindedly on this, you and other reporters are pushing the public against any bailout for reasons that have nothing to do with the soundness of the bailout itself.

Before uniting the country against this proposal, consider not whether the CEOs of these companies took private jets or whether they have fancy suits (most CEOs of the world's top companies do, after all), but whether the bailout has merits of its own.

If GM goes into bankruptcy and doesn't receive financing at that point, the result will be liquidation, and perhaps millions of jobs lost. That would reverberate to destroy healthcare, retail and other manufacturing jobs across the Midwest, the US and perhaps world. And the uncertainty it would create could, like the uncertainty created by the refusal to save Lehman Bros., push this downward spiral into a new, more dangerous phase.

I don't know if it will lead to a depression, but allowing a major company like GM to fall apart now would certainly have the potential to do that. We don't want that, and we shouldn't force that outcome because of the fact that a few inept CEOs (fire them, don't tie nooses around their workers!) are too obtuse to fly coach on Delta. Judging their stupidity should not be substituted for judging the merits of this country having an auto industry and the harm its collapse would bring to the US economy and its people's self-confidence.

I'm not sure that it can be done, but I'm really very concerned about letting the entire industry go down the tubes. Yes, the Big 3 have made some bad decisions, but so many people out of work would be devastating to our already stressed economy. They are very real people with families.

by the way, it is common for ceos of major companies to sign agreements with those companies that they can only fly private jets, but the security concern is not neccessarily that they will be attacked, its that a smaller plane or a commercial plane will crash, and they want jets that they are in control of to fly their ceo.

Using corporate jets was not the smartest thing to do, but this isn't about the CEO's- this is about what happens to my granddaughter's family if the plant that manufactures car parts where her husband works has to shut down. It is already shutting down three weeks in December. Guess what their two children are getting for Christmas. Not much. If the auto industry goes under, millions of workers- who don't fly corporate jets- will be out of work. I don't see how we can ever recover. I was against the 700 m bail-out- but I think this "financial bridge" is necessary if the US economy is ever going to recover. We can't pay unemployment to all these people–and even if we could they couldn't live on it with today's prices. Help!! It can be a loan. It can have all kinds of conditions- but we want cars manufactured in the US – don't we? We want jobs in the US- don't we?? Thanks- always enjoy your show.

without industry and manufacturing we are a hollow nation.How can a great society endure on only importing and services?? Save the big three All the point bieng brought up are so petty and out of the 1980's about the car company . What about GM's onstar? The wide variety of hybrids and the upcomming chevy volt? The banks got to eat from the trough and where did it get us? A big three loan will automatically save thousands of jobs and foreclosures!!

The excuse of security reasons for the Big 3 CEOs flying private corporate jets to Washington is ridiculous. Arizona Governor Janet Napolitano flies coach. I think she would be much more concerned about security than these CEOs. Really, who would have recognized them before making such big news today?

These "bailouts" are a load of crap. It is insulting the intelligence of the American people to continue to ask for our money while CEOs continue to live lavish lifestyles. Many of us suffered job loss in the early 1990s. And guess what? We survived. We got other jobs. Yes, we lost some money, but "oh well." I don't recall anyone offering me anything at that time, whatsoever.

The only way we should be bailing anyone out, is if we will benefit from it. When individuals need anything, we pay for it over and over again. If we're going to give them our money, we should own their companies – with the full benefit, including stock and interest.

Better yet, let's vote on it. The American people should have a voice as to how their hard earned money is being spent.
NO MORE BAILOUTS.

Detroit already offers many different Hybrids and small cars. That's not the issue. Detroit's overall problem is that the only way they can sell their cars is to offer them at a loss (and they still loose mkt share btw). Why do we think that by giving them $25B, they'll suddenly produce cars, hybrids, and SUVs that we want to buy (and at a higher price so they won't lose money anymore) ?

The CEO's of the Big 3 have no clue as to what the average American is going through right now. Unfortunately, if these companies go bankrupt, a lot of innocent people will lose their jobs. Symbolically, it would be a good idea for these CEO's to give up these ridiculous perks and live like the rest of us. I'm sick and tired of these rich idiots sticking it to the middle class and expecting the American taxpayer to bail them out.

Okay, here's the deal about CEO's and corporate jets.......time is money for leader's. No matter what they've done to help their companys succeed or fail, they still have to "get around" to where they're needed in person......and quickly.

It would be insane to not support the auto bailout. We really need it. It has huge economic implications. We are in a huge financial hole and letting the autos fail will dig it even deeper. Also that aircraft issue at the hearings today was just simply stupid on the part of the reps. that raised the issue. The bailout of the banks did not raise this issue .

Maybe the CEOs are afraid of irate stockholder passengers.

these CEO's just don't get it. The terrible judgment they showed in arriving in DC on private gas guzzling jets while asking for a bailout is only matched by their ineptitude in sustaining businesses that can compete globally. They should lose their jobs for poor performance, as any of us would.

Taxpayers may not like the lifestyles of the Big Three CEOs, but these CEOs are in Washington to preserve companies that employ hundreds of thousands of taxpayers. The goal is to save these middle class jobs. Let's not lose our focus just because they came to town in a company jet.

Having personally experienced "a year from hell" I cannot believe I am witnessing the heads of major car companies asking for tax payers' dollars when they are prepared to give up nothing regarding their executive jets and inflated salaries. Their selfishness in effect will cause the loss of thousands of their employees jobs. I am so sick of those at the top raking in millions. What has happened to this country? I have never seen greed on such a scale.

not a lot of sympathy tonight on the blog for the auto execs..tho not a huge surprise

The fact that none of the CEO's raised there hand when asked who was willing to ditch the private jets and take commercial flights proves the only reason they want the bailouts is so they can continue receiving their big paychecks and bonuses. My mom was recently in process of a forclosure on her home of 30 years where is the bailout package for her and the thousands of others in the same situation. People like her aren't flying around in private jets and taking lavish business trips, they're just trying to make ends meet.

As a stockholder and bondholder of General Motors, how do you think I feel about their personal jets!

Why didn't they, at least all fly to Washington in one plane.

Pete Presnal

Regarding the auto industry mess, I think the automobile pioneers in this country and the founders of the "big three" companies would be in shock to see what has happened to this industry. The three CEO's that testified in Washington today are lightweights compared to such visionaries as Walter Chrysler, Henry Ford, and William Durant. I am working on a book about the most famous and influential American and European automobile pioneers and know something about the beginnings of the industry in America and Europe. The men who were influential in the early years of the automobile industry were great men with great ideas and would be horrified at what has become of the industry. I do not know where the current crop of executives got their training but they are not in the same league as the men who created the industry. They are not truly automotive men, they are just greedy CEO's who do not have the welfare of the industry or country at heart like the great pioneers.

My husband is a retiree from GM. We always by GM cars and have always had good ones. Because of GM and the UAW we were able to pay all five of our childrens way through college. Because of the UAW fighting for health benefits our youngest daughter's two open heart surgeries and numerous emergency room visits due to atrial fib were covered. We did not have to declare bankruptcy. Yes, all companies can improve and so can unions but we need both. Our country cannot be dependent on foriegn companies for manufacturing we need to go back to being more self-sufficient. If loans with stipulations would help the auto industry then I believe it needs to be done.

Hillary may be a good sect. of State. But that job is not about the Clintons, it's about our Nation and the World.

One way President-elect Obama is going to have to do to help the economy stop over using pork barreal spending and have to make a set of rules and put his foot down that it has to be good for economy of the state, can't just be for whatever.

Dad opinion not mine, he was bugging me and I just finally agree and start typing.

I say no! We should not bail out the big three. These CEO's need to wallow in what they have created and figure out how to fix it themselves. Why should we pay for them to fly privately. Security issues! Give me a break. The American people were not born yesterday.

Had they come to their bankrucpcy hearing and I am the hearing officer that must approve their loan request, I would impound their jets, have them escorted to the bus station and give them tickets back home and require that they resign upon their return home.

THAT WAS DUMB flying in there like that claiming to be broke and flying in their private jets.

I think we all agree that the Big 3 need to be helped, but with guidelines to accomodate the mandate of more efficient solutions for their business. This can be a big ROI for the industry, but more important, for the country. As for the private jets, hire bodyguards and fly like everyone else.

My sister lost her Ford job a week before the election. I sugest that Ford sells their private jets and send her part of that profit. She sure could use the help in paying her morgage.
As for the "security reasons".......perhaps for the first time these corporate idiots have a reason for concern!

Wow. Corporate jets is the main focus of today's coverage of the auto industry "bridge loan?" Really? I have to say, I'm disappointed. It's petty. It's the least of all our worries. If I were those CEO's, I'd have gotten up and walked out with a "Fine ... someone else can take this on. I'm done." I would not blame them at this point.

I have a Bad Feeling about the failure of the auto-makers' bailout.

BTW, GM, Ford, & Chevrolet have plants in countries other than the USA. This is not just costing American jobs!

Why does it feel as if there is pressure to have Hillary on the team? She is just a senator..why not focus on having Bill on the team has he has done so much more for US relations.

After being a part owner of two companys I have always known that you can not take a large amount of money out of the companys operating capital. When I see these CEO's salarys and other compensations it makes me sick to my stomach. They get rewards for moving jobs over seas, but unfortunately even if the Chinese or whatever third world country population they get to make their product works for nothing, the company would still not be able to keep up these large salarys. These CEO's are the most obscene group I have ever seen. We need good paying jobs in this country and whatever it takes to produce that I am all for it. These CEO's disgusting.

Seems to me problem of 3 auto makers could be resolved quite easily. They receive 50 million dollars if the 3 CEO's agree to working for $1.00 per year- Union Workers agree to pay reduction and 50% of there personal leave is reduced. This shows good faith by all. Fuel efficient cars are built until profit has been achieved at which time they begin to manufacture Electric cars. This would achieve a slow but steady recovery. They didn't get in this mess overnight and won't recover overnight.

The big 3's existing structure and labor contracts are a heavy anchor. Existing management must go. The labor agreements are so skewed for failure. The airlines, with all their employees, and management made major concessions. Both operational and compensation. It was make less or make nothing. I believe in 09 some airlines will make a profit

The Big 3 catered to the public's desire for big trucks and SUV's and lost their vision. Congress ignored the need for encouraging fuel efficiency through regulation. The public just kept demanding the big vehicles. We're all to blame so I believe the Big 3, congress, and the taxpayers now have to make some sacrifices. But, we do need to make sure we all have the same vision and goals and understand the sacrifices needed before plowing ahead with the bailout.

It seems to be the culture of the american CEOs....government will have to bail us out when we are in trouble, and that we still can go on with our luxuries...such as bonuses, private jets....

I am for bailing out the failing big corporations for the sake of the working class and the economy. But, those CEOs will have to go. They have been living on the feeling that they cannot be fired because there is no one who is "capable" enough to succeed them.

They are wrong. There are lots of talents in the US. Corgress should set conditions on bailouts.

I worry about the ripple effect on the economy if any of the Big 3 go under. That's a lot of jobs lost. I don't think our economy can handle the unemployment of that magnitude.

I agree with you Anderson, it is security too. If we attacked by something too. how can be safe jet private commerical.

Erica: No one ever has sympathy for the big bosses do they? Upper Management is always the fall guy. They are the ones getting paid the big bucks!

How dare these execs come to Congress pleading for mercy and taxpayers dollars! My dad served in the military and worked until retirement as a supervisor for Chrysler several years ago. My step-mom retired as a union worker–and lucky for her. Since retirement, Chrysler has pushed them to inferior medical insurance, and other challenges related to their health coverage. To top it off, Chrysler recently cancelled my dad's life insurance (which he has been paying into for years), but directed him to seek coverage through another company. MetLife, the alternate company, tells my dad that he's inelligible for life insurance through them because of his pre-existing conditions. Yes, Chrysler has denied my father (and I'm sure others) insurance that they have paid into, yet their executives are living pretty well-plane and all-and retired, tax-paying Chrysler workers are being asked to help the company stay afloat, while executives have hung them out to dry–in life and in death.

Any bailout, should require the top management of each company, to resign (or be fired). The companies should be run by folks (already on staff), that understand what green/efficient, vehicles, could do for their bottom lines.

Anderson, regarding you comment about the security of their jet and being in control. Wouldn't it be a shame if something did happen. Sheesh then the company may fail without them at the helm. I am retired military. You should see how they have to fly to hell holes. Shouldn't they be considered precious cargo? Our country is a mess.

Instead of grandstanding and taking cheap shots at the CEO’s for an economic situation that our congressmen helped bring about, why not do something constructive, like pass a stimulus package that allows retirees to withdraw from their IRA funds at the capital gains tax rate.
I would buy a new car tomorrow if I could get at my own money for only a 15% tax rate.

Thanks for the explanation on the CEO thing Anderson, that make a bit more sense.

David Gergen is so terrific. I thought that Hillary would go to the State Dept as well. Don't I feel smart now.

The Daschle appointment could be worrisome. I'm not sure I like this czar idea with only Daschle running the show.

The automobile crisis, according to the CEO's is not their fault, it the result of the economic crisis.
Therefore when the $700,000,000,000 bails out the economy they will be rolling again. You figure?

Showing up to beg Congress for handouts, in corporate jets...
A new high in TACKY!!
Also in dumb.

If there isn't anything out of sorts in Clinton's finances why is there a holdup in releasing the info? Clinton should be vetted just like everyone else, no special treatment.

Really...Congress should tell thm if you want the "HELP"...then you are going to have NO pay until they start to make money.
I think that is a great idea...would they do it

I agree that private jets are required for security. The threat of kidnapping is real, it happened to other CEO's in the past such as Freddy Heineken in 1983. However, since they all three came from the Detroit area, it would have shown good faith to travel together by only one private jet instead of three. The fact that none of the three companies thought of this compromise, shows that they are doing business as always and may not want to change their ways. If this bailout is even approved, it should include a requirement of designing and producing fuel efficient hybrid engines as the standard in vehicles, instead of it being an option.

I am a retired Chief of Maintenance,of a corporate flight department.I would also fly onboard occasionly to fix maintenance problems and while I was at it...Take care of our pax.Tipically the executives worked on board.They usually worked the entire flight,something that would be impossible in a commercal flight situation.People need to lighten up.

While I agree with many of the negative things people are saying about the auto companies,to let them fail would sentence the Metro Detroit area to death. We have to think about the people that are going to be devastated by this.

as a GM RETIREE the fed govt, will have to pay my pension, and i would only recieve 60%, so if they don't help the auto industry there will be many, many more bankrupts, home foreclosures, and more people out of healthcare, and the govt, will have to foot that bill too, so it seems to me they would do better bailing out the auto industry for 25 billion, or foot the pension cost for 130 billion/year,

Educational question: In four years, will Obama automatically become the Democratic nominee for President? I'm wondering if Hillary Clinton takes the secretary of state job does that prevent her from seeking the presidency in four years or will she have to wait 8 years regardless?

We need to bail out auto company workers but fire CEOs, and outsource their job to India. Just think how much money we will save and new CEOs will not need corporate jets so they can be sold.

Anderson,

I am in the military, and I understand CEO's flying private jets for safety reasons, but I must say small planes fail in larger numbers than jumbo jets. Losing a CEO whether it be in a small jet or a commercial plane is anot an issue as long as the CEO and his deputies are not on the same plane. So even from that standpoint I cannot see the justification for flying the corporate jets to testify.

Chris

Where's the bailout for my company? This economy has caused all American companies to cut back!
No Sympathy from me, deal with it like the rest of us!

@Paul Peake: Yes, they are responsible for millions of jobs, so they should be watching their pennies! Fly commercial!!!

Paul Begala, I LOVE you!! No such thing as too many Clintons!!

hey anderson thanks for keeping them honest , I like your comments about the big three auto makers lets all take a private jet for security reasons. Give me a break . Thanks

I can see tax advantages for flying a Jet. I can see possibly security reasons for flying a jet. But to have the gall of flying 3 seperate jets for 4 corporate individuals who are coming to the trough to drink is just a severe case of arrogance, It is the same case of arrogance that got them where they are today.

In the 70s and 80s, the Corporation increased their fees every quarter without exception thinking they were the only game in town. This is when Honda and Toyota made inroads into the American car scene.

This just shows you that Corporate arrogance will prevail with impunity if they are given this bailout.. God forbid they would come to the table asking for money with some humility. I don't think this is a part of their vocabulary.

After 30 yrs working in Credit Industry I believe Big 3 should file for chapter 11 relief; dump their CEO's and staffs, and drop the union. Cashiers at Target & JCPenney don't make $28.00 an hour and neither should a guy on assembly line installing tires on new cars – there is just NO logic to it. The worst part would be the temp job loss, which would not be as bad as if they just plain cratered, and would of course pick back up; and all the suppliers, but that would pick up again as well. Union has auto workers convinced they are better than the rest of blue collar workers and that's not right.
These CEO's need to realize that there are more than 3 Million of us out here who are in danger of or have already lost JOBS & homes. They expect us to live in our new cars? AND SELL THOSE CORP JETS!

Just saw your piece on the auto bail out and it made my blood pressure go up 20 points. The nerve of these guys coming in on their private jets. Security?? Maybe from the people they have taken advantage of over the past 20 years by getting in bed with big oil and not taking care of the changing times in transportation. The US car industry is so out of touch. It's just more Fat Cats looking for a handout and keep doing the same things they have always done. No bail out from this tax payer usless everyone of these guys ,that have never turned a wrench in their life, is fired and replaced with real people who understand what it is to work for a living. Oh by the way, that goes for the other bail outs too.

I'm amazed that congress would complain about corporate jets. How many junkets have they taken on corporate jets? How much tax payer money is used for their living high on the hog how much is used for their great health benefits and cushy pensions? All on the taxpayers tab. They are all hypocrits. and do not care about the working people at all.

Theoretically I am the C.E.O. of an American family. I am about to lose my job.I have already lost most of my retirement investment. I had to borrow al of the funs in my kids' college fund. Can I make a $20.000 flight to capital hill in a private "secure" Leer jet and ask for a personal bailout? Guess not.....Let some wealthy, smart and outgoing individual buy out oneof the big three and start building green cars that are environmentally friendly and use an alternate fuel.....That could answer a lot of our problems!

Also – when you consider "change" in terms of cabinet members – there is almost NO ONE who is like Barack Obama. He is one of a kind. 'Change' (at least to me) represented more of 1) movement away from the last 8 years 2) a sort of spiritual/goodwill change – stuff that results in what happened with Lieberman keeping his seat 3) obviously a much much much smarter group of people running the helm than we've had the past 8 years.

Obama himself is the change. He's the leader. He's the new vision and that's who we voted. for.

We the taxpayers/littleguys do not want to bail out The Big Three, let them sell their Lear jets, cut their pay closer to our evaluation of their management. Let them feel what the real world is like just like all the people who have lost their homes,

In all honesty, Ceo, most politicans, congress, etc,etc. They all need a reality check something serious. There is no accountabilty!

Everyone knows if the Big three are bailed out it is only a temporary band aid. We can all agree.

This should be done with conditions.
It will take time to do a proper and efficient makeover that should be done right .

It is very unfortunate that real people are being hurt.

We should be thinking about taking care of all of the workers first and not the ceo's.

Clearly they nor washington are worried about all of the workers or their families.

This is very Un American to not take care of our own.

I guess we're talking "corporate" jets, not "private" jets. It was tactless and a dumb step to fly to Washington on a corporate jet, but those ceos probably need them to fly to all kinds of meetings all the time. It depends on how many they keep in their fleet and what they use them for on which they should be judged.

True Erica........no sympathy for a CEO doing a poor job for their respective company.......but why divert the focus to the usage of corporate jets? That's a waste of time by those in Washington trying to sensationlize the situation.......get to the point US government!

I'm confused. Why can't the financial companies what received approx. $300 billion so far in the last bail-out lend some of that money to the Big-3. Wasn't the objective of the bail-out to put money into the market so companies would be able to borrow in order to stay afloat. It's reported that the bail-out money has been used for 1. paying large dividends to investors (what does that mean?). 2. buy smaller, failing financial companies & 3. stock-pile the rest of the bail-out money. Why has this been tolerated?

If any of the Big 3 Automakers go under, it won't be the CEO's who will suffer but the workers themselves. My husband has worked for GM for over 30 years. He like the other UAW workers build what they are told to build. Have there been bad management decisions at the Big 3? Sure. But let's not allow the workers to suffer for management's mistakes. Right now Congress needs to focus on the loss of millions of jobs, not CEO pay and corporate jets. This bailout is about workers and their jobs PERIOD! Let's give these companies a chance to turn things around. I want my money to stay in this country, I want to continue to BUY AMERICAN!

Continuing on my last point. The ceo's of "the big three" should have taken their billions in profits years ago, retooled, invested in the future of their companies and produced quality automobiles that were more in line with "where we were going". Fuel efficient. Reliable. What? Hello? It's not rocket science. We've been on this path for a long time. Oil is a limited resource. No surprise; we've known this for how long? It's impossible to understand or find compassion for people who are so deeply ignorant and arrogant. It's insulting really. And it's sad. Shame on them. And shame on us if we support more of the same.

I find the lack of fairness and truth on the part of the press and congress unbelievable. This is a bridge loan not a bailout. Congress certainly didn't have this type of scrutiny for the financial sector. No one wants to recognize the progress GM and Ford have made in the last decade in quality and fuel technology. The Malibu and Fusion match or exceed Honda and Toyota right now. THe CEO's should be held accountable and fired if deemed neccessary. They could certainly afford to go. The arrogance is in the perception that as long as it's not my job it doesn't effect me. Keep farming out our manufacturing capabilities and accelerate America becoming a third world country. Fire congress and replace them with illegal aliens. They couldn't do any worse.

Good to see David Gergen again tonight. I appreciate his insights.

And I totally agree with Paul Begala - the "change" President-Elect Obama was running on was from the Bush administration and the last eight years, not the peace and prosperity of the Clinton years.

Hi Anderson – As someone who worked for a GM subsidiary utilizing UAW labor, I'm glad this is in the public eye. Today's labor laws make the UAW obsolete. Let the Big 3 fall, disband the union and re-hire as needed. Assembly workers are worth, at most, $20 per hour. These guys were making upwards of $100k/year running a lathe or putting parts on a line. Workers with enough seniority could elect to be a janitor, without taking a pay cut. How many janitors do you know making $80,000? I knew a few.

They won't admit it, but I bet the CEO's are secretly looking forward to the day they can wave goodbye to the union and have the flexibility to run their business like everyone else can. I'd say dump these three though – too used to making deals with the union.

Why pay $25 billion to prop up an organized labor force which only months ago was trying to hold GM hostage for parts?

erica the auto makers have made billions and billions for years on our dime. as did aig why do we have to pay through the hind end to bail out all these already rich people? it doesnt make sence to me. i think its high time mainstreet got the dime dont you?

I just came home about twenty minutes ago and saw the news on AC360 about the the BIG three auto executives in DC today saying that "flying on a private jet is for security reasons". C'mon and they have the guts to come and ask for tax-payers money for a bail out, meanwhile, they are showing everyone of us just exactly what they will do with the money if approved for a bail out. This makes no sense in anyway. What are the suring themselves from? Can someone ask that question in their next seating?

finally I heard a congressman say it to the bigwigs of corporate America! "how deliciously ironic" that you bask in luxury and have the audacity to ask for taxpayer dollars to save your companies. lol!

how silly to ask for money from the govt AND consumers to continue pushing the same bs products.

I say let them go bankrupt and live thru these hard times until they create a new plan to produce the right products. if they don't, another new smart company can and will do it. don't companies with the wrong products go bankrupt all the time? HELLO!

stop thinking short term bandaids and get your minds right about long term humility.

The Big 3 CEO's obviously don't get it. The whine incessantly about high labor costs and yet they expect their respective companies to assure them a lifestyle completely devoid of hardship or sacrifice. They see themselves as entitled and not part of the problem. They've approved the massive Hummers, SUV's, duplicate models and oversize trucks in their product lines and the public isn't buying. Foreign competitors, like Honda, are building innovative, fuel efficient vehicles that the public wants. GM, Ford, and Chrysler are stuck. They think sheet metal changes will sell their cars. All show and no go. If the Big 3 CEO's want the money, let them give up their salaries and perks and work for Michigan minimum wage until the loans are paid off. Time to put up or shut up.

Auto companies throughout the world are asking their respective governments for help during the current financial toubles. This isn't an America only problem. The spin on this has been overwhelmingly negative. You may not work for the big 3 but you sure as heck will be affected by their troubles.

I've watched the hearings involving the big three executives and cannot help but feel that the behavior of certain members of the congressional panel doing the scolding of these executives was detestable. Despite the fact that the means of travel by corporate jet to ask for a handout is somewhat disgusting, the panel should be much more concerned about their own appearance and conduct.
The chastising was demeaning and purely in bad taste.

James A. Beck

Bail out the auto industry? Who is next in line, flying in with their Lear Jets to the tune of $20,000 for one executive to beg for money. Listen, I'm the single mom of three young boys and my job has been severely hurt by the downturn in the economy. Plus I have a balloon mortgage and am surviving making interest only payments. Yet you don't see me on the street corner begging for dollars and then returning to my "mansion" in a Hummer. Let's get real. I feel sorry for the workers who will lose their jobs...but the dye was cast long ago when the auto companies made cars American's didn't want and sent jobs overseas. If we give them money they will do more of the same.

Any CEO willing to go on a budget? Give up a jet? Or even have to decide between printer a cartridges or a Starbucks coffee I wonder if there is anyone out there that can here me? That understands what is happening to the educated middle class. Yeah, let me just continue to bail everyone out: everyone except my children.
Sincerely,
Vera Caccioppoli

I'm sorry everyone seems to be missing who should really take the brunt of the blame. The Board of Directors !! They hire and pay the CEO's. In this case they need to be fired and held accountible. Sure the CEO's are self centered but who wouldn't accept the pay pages they are throwing around. Heck, I'd take 10% of what these guys are making to drive the BIG 3 into the ground and say thank you for doing so when I got my big fat bonus.

hmmm...anderson...isnt there another guy standing right behind these CEOs just waiting for their chance to take the position? are these men really that important individually? are they doing a job that no one else would be able to do?

i dont see these CEOs as needing 'security'. after all, if you can go to a warzone and opt not to wear that pretty bulletproof vest CNN got you, then they can fly commercially. just my opinion.

Your experts have the wrong figures. Counting the employees at the suppliers and dealers, the number of jobs lost with a GM bankruptcy where they fail to pay their suppliers with what is due, will, with the domino effect, lose at least 3 million jobs. That is a loss of 150 billion dollars a year that, at 20% payroll taxes would have given the IRS 30 billion. Then, at $400 per week unemployment compensation, the Michigan rate, for thirty weeks each year there is another 36 billion annually. Hourly workers are all struggling to keep up with mortgage payments and so there would be at least another 2 million home foreclosures. Then there will be the loss of taxes from the more than 5000 suppliers and thousands of dealers have been paying and the government obligation to make good on at least 150 billion in unfunded retirement plans.
The suppliers that would go under also supply at least 25% of the needs of the US factories of Toyota and Honda.....enough to shut them down too.The auto industry is 20% of our remaining manufacturing in the US. No one seems to realize how much progress GM has made in the last five years. If we get them by next year, then the substantial union concessions they have received will kick in in 2010 and they will be home free. Do the math!. Justin Wyner, retired automotive supplier CEO.

President-Elect Obama is his own man. You can't compare his choices for any office using your old reference. It was hard for me to accept, being a strong Hillary supporter, but it's a new age. It doesn't matter how many of the old guard are brought in as defensive lineman or running backs, he is the quarterback, and he is calling the plays. He's not a stupid man. If he thinks he can accomplish his goals with the individuals he has chosen, he probably will. At any rate, he is the one who has the most to lose. So give it a rest.

Good evening Anderson,

The bail-out dilema is a two-edged sword – to agree on a bail-out is commiting to "more of the same" from the same administration from these auto companies, NOT to bail-out will hurt the little people who depend on this industry for their livelihood. Either way, the executives will not be affected one way or another – they are all multi-millionaires. Why not allow the BIG 3 to go under, allow free enterprise to come in and start afresh? For example, allow foreign car companies to come in and set up assembly plants – keep American trades people working, and have these foreign companies pay taxes into US. Put these CEO's out, and import jobs into US for a change. Just a thought.

Anderson you make a really great point about the discounts and as for the security stuff you are right again they really don't need it.

And shame on the new congressmen for actually going. Everyone talks the talk when it comes to overspending, but no one seems able to walk the walk. If campaigns wouldn't overspend, we wouldn't have to worry about lobbyists waiting to pay off debt and later demand a return on their contributions.

anderson cooper:

the clause in CEO contracts fof flying private jets it's just an excuse for buying private corporate jets or using the existing ones. These clauses weren' written down by< Legal, but on request of executive boards.

As everybody knows, commercial flights are twofold safer than private corporate flights ...

But who cares? Anyway, the Big Three were as dumb from a PR point of view suring the hearing as the wood the table in front of them was

Prof. Dr.
Robert Soran
Frankfurt/Germany

Regarding the Auto Executives need for private pllanes due to 'security reasons' is probably right....most of their employees and other stock holders probably want to kill them for mismanaging these companies then having the nerve to ask for a bail out.

Perhaps their private planes can fly them to Nebraska and leave them there along with the unwanted kids.

I think it is disgusting that the auto company CEOs continue to use their private jets while asking for a bailout. Congress should require that they sell the jets and give up their multi million dollar salaries before they even consider giving them any money. Even better, I loved Ashton Kushner's idea that he stated on Bill Maher's show last week: Let the oil companies bail out Detroit – they made the windfall profits on all the oil used by those SUV's Detroit loved to make.

I'm afraid the lobby crowd is going nowhere! It sounded good during the election, but always bounces right on back.

Prop 8: Should the Cali Supreme Court review this case? Yes!!! It is no different than the US Supreme Court intervening on Colorado's Amendment 2 (which said that companies can fire employees for being gay).

i cant think of any better investment than the american people

Re: Auto bailout

Why does the government not simply buy GM & Ford? Their combined market value is les than $5B.

$122k annually for the rest of his life, not to bad. What is his education? We should all consider going into politics at this rate, because us "true" Americans are worried about loosing our jobs, our homes, not being able to get healthcare, etc.

Well I like H.C. for secretary of state, and hopes she takes the position. The Clintons are remarkable for their ability to deal with the ups and down in political life but also for their devotion to public service.

She is capable of leading in any job or anything she might chose to do. Obviously.

Ok, so after listening the David Gergen , Paul Begala, and Jamal Simmons, I'm thinking she might be more likely agree to the job...since Tom Daschle and Sen. Kennedy will be leading on health care...kind of good news...

I love keeping them honest about against lobbyist, I see that people have lots of money, Ouch!

I still dont understand why people are against the idea of having the big 3 use the already allocated $25 billion now, instead of keeping it for the purpose it was allocated for: making fuel efficient cars.
After the new administration takes office, it can decide how to move forward.

I understand that filing Chapter 11 would automatically force the companies to renegotiate their contracts, etc. This normal business process is a must... We should not bail them out without going through this very important step to rectify what is wrong with these companies.

Chris Long – San Diego

Where were the Board of Directors of the auto companies doing
during their auto company melt down?.

ha! lobbyists as educators! yeah, like our education system isnt already in enough trouble. lol

And congress could have pushed them in the right direction with higher cafe standards long ago but were in the pockets of the auto and oil industries, so they are all to be criticized.

Anderson if were safe enough to fly on commercial planes then why aren't they safe enough for the CEOs.

You scratch my back, I'll scratch yours....lobbyists working it. Instead of lobbyists being educators, it's more like Drew Griffin is. I learned something tonight from his report!

Anderson,
Hi!
It seems the CEOs should adapt more to changing situations as part of their security routine.

How does the bailout increase demand for Big 3 products? When the bailout money is gone, these companies will still not be selling any more cars, and then will go bankrupt taking our tax dollars with them.

Why don't the goverment stop bailing all the big corprate ceo's and take all the money there are going to give out on the corprate bailouts and devide the money between all of the hard working american people. This might help more americans than the corprate bailouts. I am sick of the CEO'S getting a free ride for screwing up there companies. The goverment should kick the ceo's that screw up there companies to the curbe.

Frank McKinney
Palestine Texas

Let the "Big 3" go under! They haven't been competitive for a long time now and haven't learned anything. I don't believe for one minute that prices of the more successful competitors will go up. They already have most of the auto business as it is. I'm sorry that those employees will lose their $75 per hour jobs, but if the UAW had not been so greedy they might still have a $40 per hour job. Not so bad.

I hope we have enough sense not to bail out auto industry. This is not the first time they have been in financial crises and it won't be the last until they decide to restructure their business.
Filling for bankrupcy will force auto industry to change the way they have done business for the past 50 years, will force union leader renegociate a new contrct and hopefully will force the CEO's to put the corporate jets for sale on eBay.

We can only hope.

Anderson,

Ok good point, but when do we have people who are public servants actually believe in Selfless Service. Why must they bask in the good life and accept these huge campaign donations. I’m in favor of no more ear marks period. Then the lobbyist will all go home.

Drew

Union workers at the big three make $75/hr. Auto workers at nonunion Toyota and Honda US plants make $45/hr. The big three lose money, Toyota and Honda make money. Any questions?
____________________________________________________

Wrong union workers do not make $75.00 a hour, and I work for Toyota in Fremont Ca and do not make $45.00 an hour

As an educator, it's hard to look kids in the eyes and tell them that everything's going to be okay with the big 3's situation added to the previous bailout and no end in sight for any of us! Our wonderful country must "buck up" and answer this call. These kids are our future and we owe them examples of courage in action.

If the executives had a plan they would not be in washington.

Why do the board of directors of these companies not do their jobs since they are supposed to be independent and fire the executives and cancel their pay packages?

If you get paid to fail then pay them to fail.

The share holders should vote out the board of directors for not doing their jobs to make sure the companies are being run properly. Everyone has some responsibility.

With many people losing a huge amount to income in the stock market, what kind of revenue will be collected from taxpayers next year? How will that affect the country's budget? Think about it.

Anderson: Flying a corporate jet is an internal cost, so they are actually being cost effective by flying First Class on a Commerciall flight. A bailout by the government is a sign of socialism; who's next?. In the hearing, it seemed like the Big 3 Execs took the bailout so loosly like someone was giving them a blank check, that was not cool since it's the taxpayers checkbook!

Remain on duty during investigation? Outrageous! Wow, free reign to go kick someone elses butt. Must be nice to know u can beat some one to near death and still get your check. I need that kind of job. You can be angry , beat people, and then hide behind your badge.

the question is how long would the bailout help before the real bankruptcy

I'm currently laid-off because of this mess. We knew this day would come. I'm torn, I feel that the Big 3 gambled and lost. However, if this bailout goes through, I may get my job back. I don't think that many realize just how many Americans work in the Automotive Industry. 1 in 30 people in America will loose their job if the bailout is denied. How do you replace that many jobs?

Since everyone is still talking about the jets, let's not forget that these CEO's make enough to be able to afford their own jets. So if they want to fly privately, why not pay their own way? Wasn't it reported yesterday that one of the CEO's makes $9 million per year?

Let the auto companies fail and the free market rein! I grew up in Detroit and every job I and my parents had was indirectly tied to the auto industry. Still, I know the consequences of bad decisions by the auto industry, and financial industry, have to come sooner or later. I vote for sooner. I make under $40k per year and am able to contribute 15% to my 401K, have NO debt of any kind, and live within my means. One truism of life is that what gets rewarded gets done. I'm tired of seeing the wrong things rewarded and then everyone wondering how we got where we are.

Missing from the Prop 8 discussions I've heard is the fact that Cal had before the Supreme court decision holding marriage rights existed under the Constitution– and still has today - one of the broadest domestic partnership laws in the nation and allows gay & l adoption. Voters knew this when they went to the polls. The CA question was whether gay and L unions should have a different path than traditional marriage. From the coverage you'd think that CA was like just Virginia which passed an amendment banning BOTH civil unions and marriage for gays & l. I would have voted against 8 but the question in CA may have been viewed more subtly by voters, particularly without much time to think about it all.

Whoa I live in Detroit, maybe we should bail them out then I will go to congress and ask for a no loan bail out for my student loans.

Hey there,
Why does the media give any credence and time to Al Qaeda??? They must smile everytime we make them important by talking about them and showing the video!!!

Hey there,
Why does the media give any credence and time to Al Qaeda??? They must smile everytime we make them important by talking about them and showing the video!!!

It is outrageous for the CEOs to arrive in private jets, but we should not lose sight of what is at hand. The media should be focussing more on the pros and cons of bailing the big 3.
If the CEOs agree to fly commercial, will the media agree not to cause commotion at airports.

I don't know about gay marriage..... I perfer man and woman better than same-sex marriage....

If one of the Big 3 goes under, doesn't it stand to reason that the other two will sell more cars and be more profitable? Better to let the weakest in the herd get eaten rather than the whole herd.

Way to stand your ground Mayor Newsom. Please don't back down!

The corporate jets are only a small portion of what The Big Three Auto Companies' CEOs own. I think it is way pass time for the Wall Street and Auto CEOs to eat humble pie. The majority of the country would be happy if we could afford even the bare neccesities.

SUVs aren't exactly the problem, or the private jets.

no one group of people should be able to take any rights away from anyone.

prop 8 should disappear.

The gay marriage issue should have never been up for a vote and hopefully the courts will overturn it.

I think Obama will avoid the issue of gay marriage as much as he can.

i do not understand why this marriages should now be illegal just because they changed the law. or did i get it wrong?

why not fire the CEO'S of these companies, why must the working class people of these plants have to suffer?

Sell the planes and take a bus. Don't ask for a bailout!

Isn't it interesting that they did not ask the representative from the UAW if he flew corporate or commercial???

I'm sorry, do these "Big 3" CAR executives make airplanes or cars? Ok, so they have a big entourage with them, so get into your big SUV trucks with all of "your people" and drive those vehicles to Washington. Drive those vehicles that the public don't even want. We need vehicles that are good for the environment and use alternative methods of fuel and or electricity, that are not priced too outrageously. In 2010, there is a plan for the chevy "Volt" to come out, but I've heard that the starting price is going to be $40,000! That's a small house in most small towns across america! Are we paying for the "union worker" who makes $80,000 + a year to screw in a few bolts on the line, or maybe we are paying for that same worker who decides to take a nap on the line, but can't be fired because they are union. And these stories are a plenty. Worker can't screw in a bolt because they aren't union and has to wait 2 hours for a union person to arrive so that they can fix the problem. Stopping the line for 2 hours! Add that to the amount that the executives are making. I would never vote for a bailout unless these issues are addressed as part of the deal. Like everyone is saying, it would just be delaying the inevitable.

It is a good thing that the "Big Three" Bozos are not CEO's in the computer industry. Other wise they would be offering incentives and rebates to push Commodore 128's.

Re Prop 8: What 'will of the people'? When the funding for Prop 8 came from the church of the LDS? That was not the will of CA residents. They were tricked.

Keep religion out of legislation.

Separate the church and state, as originally intended!

I work my life away- I average about 65 hours a week pulling 2 jobs. One is an hourly wage and the other is entirely commission. My years' worth of earnings is right around $20,000. This is exactly how much it cost them to travel by plane today!! WOW- and that's a year's worth of my life.

I'm single and I work to support myself- I have no social life... I get off work at one job about twice a month only to have the other job to work. I have only truly gotten one or two full days off from both jobs this year.

Though my hours are tough, I represent the hard-working individuals that just can't seem to get ahead by doing what's right. I am one of the lucky ones to have work right now, I'm not complaining... but Remind me again why it is we are suppose to feel sorry for these guys?

Back to the auto bail out. Give it to tax payers and we will pay taxes on it.

Private jets then asking for a bail out with straight faces...are they serious? No bail outs with these CEOs are in charge. It is likely they will not use the money wisely. Instead use the funds to help those losing their jobs to find another line work...perhaps start training them to work in building the alternative energy infastructure. There are so many other things we could use the money that would bring the country forward.

We have already been through this scenario with AIG. Has that worked in saving jobs? AIG came back to congress and asked for more money. How many more companies are considering a bail out? This is beginning to look like an unemployment line for failing companies. Do a "bail out" freeze, get Pres-elect Obama on board and take time to work out a sustainable plan for everyone. Let's step back, breathe and make deliberate decisions with our money.

The problem is just not the auto companies. The government should stop importing foreign goods. We import more than we export. There is where one problem lies. Along with the stock market and the big shots that run it. Just like they ran the gas prices. No one is accountable except the common american worker. How Sad!

you know in the next coming months whether it be 3 months or 1 yr whatever might happen in the auto industry there are plans in place . you can talk about exec. pays and jets or union workers and pays /job banks whatever . the hard working men and women that build parts and cars are always the first ones to lose

union pride and strong

blue oval pride

Completely true Erica! I have a hard time feeling sorry for executives that make billions of dollars a year and fly on private planes while there are millions of Americans that are in need of their own bail-out.

I do not believe they should bail out the automobile industry – if it is necessary then the jets and the present ceo's should be fired and
should not be allowed to take any bonus's with them. the new ceo'w should be closely monitored.

Elizabeth Boylan hit the nail on the head with her comments. Let the Oil companies bail them out. Can someone please explain how a less then 5% decrease in oir use, resulted in a 60% reduction in the price of gas at the pump. Can anyone say GREED

Drew

People against the automotive bail out say that providing cash to these companies is an abuse of taxpayers' money, by supporting a history of bad decision making. I don't believe for one second that there haven't been far greater abuses of taxpayers' money by politicians in Washington and elsewhere for decades. The only difference is that they hide it from the taxpayers, instead of discussing it on national television.

That said, let's remember that the vast majority of these manufacturers' current burdens are due to the legacy costs of pensions and health care for long ago retired workers from this industry, and yes, wages. Allowing these companies to bankrupt will create a great financial hardship for the people relying on these pensions that they worked years for, and have a right to receive.

The result? More mortgage defaults, more people on social assistance, along with the million plus jobs that will be affected by allowing bankruptcy to happen – which of course will undoubtedly result in yet more mortgage defaults and even more people on social assistance. It is a downward spiral that cannot be allowed to happen.

As for the Big 3 CEOs arriving on their private jets, perhaps not the best image to arrive with, but I have worked in this industry, and it is true, current policies require this type of travel. Maybe it is a policy that needs to be revamped for the times, but currently that's what it is. I have seen management in this industry fired for lesser infractions than not following security protocols.

While the point does not go unnoticed, it really isn't a large contributing factor to the current situation. High union wages and benefits are one of the most notable and notorious things about corporate North America. Personal greed has become the most distinguishable trait of American society. You can see it in the very fact that we buy houses we can't afford (example, mortgage defaults), things we don't need (current levels of credit card debt), and eat more than we need (current levels of adult and child obesity). Just about all of North America has contributed to the current situation. Let's stop pointing fingers and start working on a way to protect us from further financial crisis.

Jen, foreign car companies do have plants in the US. Toyota employes nearly 40,000 people. These are American manufacturing jobs making cars in America. The only difference is they make $45/hr not $75/hr, and they are making money not losing it. The big 3 can do it too, if they break the unions.

the state of being united to a person of the opposite sex as husband or wife in a consensual and contractual relationship recognized by law (2): the state of being united to a person of the same sex in a relationship like that of a traditional marriage b: the mutual relation of married persons : wedlock c: the institution whereby individuals are joined in a marriage
2: an act of marrying or the rite by which the married status is effected ; especially : the wedding ceremony and attendant festivities or formalities
3: an intimate or close union

if this issue with the auto companies is important to you dont just complain here about it do something about it call your congress representative or senator and go to change.gov and let Obama know how you feel about it , we can make a difference just look at what happen with the election

Hello everyone - Wow, you folks really unloaded on the Big 3 auto execs tonight (or was it the Beg Three, as one of you cleverly said). They were dumb to fly in with 3 sleek, expensive corporate jets - Congress was right to nail them and so was CNN. Sometimes the elite of the country are striking everyone else as an aristocracy that rivals the French just before their revolution.

But in lashing out at those on top, I hope that we don't lose sight of what is really at stake in bailing out Detroit: the jobs of millions of workers and the possibility that if the Big Three go under, so could the economy. I was told tonight that one out of 8 people in Michigan is already on food stamps. Saving jobs - that's the core point.

p.s. Was good today that GE CEO Rick Wagoner said he would definitely step down if that's what it takes to get help from Washington.

I hate hear from Bin Laden sent a message to Obama.

The formerly great middle class which has allowed itself to be used, abused and monetarily drained because of apathy, fatigue, fear, laziness, or whatever by those more greedy and ambitious needs to get off its collective butt and become more proactive, educated and involved with their kids, the future generation, before it's too late. Our lack of involvement and "trusting" everyone to do the right thing , and hoping the other guy will fix whatever breaks has led us to this situation to some degree. Now it's time for us to monitor ethics, our political leaders, lobbyists, and to teach our kids to value intelligence and education more than sports stars, stars, singers, etc. who also receive obscene compensation but with our direct and knowing aid. It's time for a culture shift.

Justin Wyner: thanks, I appreciate your knowledge...though it leaves me more torn about this issue...

I'm more worried about excessive executive pay than the private jets.

Anderson,
Whats next fot the American Auto Industry: Build A Auto Factory?

What is everybodies problem? Gay people should be able to have a civil union that grants all the rights of a married couplw =- period. Why are we making this so difficult? They are tax paying, law abiding citizens, and since we all fall short of God's greatness,then who are we to judge. Isn't this a form of discrimination? If they want to have a civil union, leave all their "stuff", trust all their affairs to an individual, why are we denying them this basic choice? They are not incompetent, or children, they are grown adults.

Instead of the private jets and the limousines, the auto (not airline) executives should have taken the opportunity to drive up to the Capital in their finest respective hybrid cars and park them outside for some much more positive p.r. GM's Saturn company, and cars are a very positive role model for what they should be doing company-wide.

Is'nt Peter Bergen a National Treasure in these strange days – I'm glad he's on our side evaluating the information.

Finally we get to see/hear Peter Bergen again!

Why did both sides of the Gay marriage debate agree to the referendum during the election, only to protest when they don't like the result? The nation seems to be having a bigger crisis than this social dispute, don't you think?

The evidence of the arrogance and failed leadership in the auto industry was witnessed by all Americans the past two days in Congress. Although no one familiar with large business perks for the C-suite could suggest corporate jets are uncommon, businesses large and small that experience financial challenges substantially alter their structure and their perks without compromising the core of the business to manage through hard times. The Board of Directors of the three automakers should send a message to Congress that they are serious about rebuilding their companies by first firing the CEO's and CFO's and committing to new leadership that can lead their companies through these challenging times. Then and only then should Congress even consider a bridge loan for the US auto industry.

As far as that Al Qaeda video is concerned, I simply cannot imagine that Bin Laden would wait in the wings and let a "second" take the glory. That seems more than odd to me.

Always appreciate Peter's perspective.

Sure, America has become a country of opulence and entitlement. They have bought into it.

Why is it that people are up in arms about the CEOs flying in – not alone but with their team. Multiply the NWA ticket at times ten or twelve. Plus they want to control the flight their CEO goes on – just a business fact. If I had to get to an important meeting would I call a cab or drive myself.

Also why is it that Americans accept paying a basketball player to run around with a ball $40 million a year or a baseball, football or hockey player insane amounts for nothing that really contributes to society. Or they accept Hollywood stars being paid $20 million per film, They accept stars wearing $10,000 gowns yet they don't accept a CEO making an extremely important meeting that could change the face of America forever.Yet they are all over auto companies wanting to stay in business and employ thousands.....and yes, make changes for the future. I don't get this entertainment driven economy versus manufacturing based economy mentality.

What if the 8 year old in Arizona were dropped off at a Nebraska hospital? Who would be responsible for his safety?

I hope if Rich Wagoner steps down he doesn't expect a big check before leaving.

If Americans had the Auto Bail Out Money they will buy cars, pay there mortgages stimulate the economy and create small bizz start up's.
Maybe paying off your car and mortgage can be a stipulation of receiving the money. Lets stop Bailing out failing companies. Lets save all these companies through consumer spending and debt releaf.

That Safe Haven law was poorly written. A bit naive to assume adults wouldn't be as cruel as to toss their teenagers at the system? I suppose I can't entirely blame them since they had their minds set on helping infants. Regardless of who's to blame, they need to clearly define "child" with a maximum age.

John King was great on the Daily Show!!! Anderson. just make sure you stay on his good side:) LOL

I saw John King on the Daily Show. It was a great piece and I loved his closing line - "It's good to be King!"

A good pick for the Shot of the day, Anderson.

Enjoying tonigh't show - Keep up the good work.

The problem David, you know, is that the CEO thing is a revolving door. They go from one company to another. How do we stop that? How do we reward people for doing good work and punish those who run companies into the ground? Maybe the answer is stockholder lawsuits but Congress may have to open the door somewhat.

Great show - thanks. Always great to see Gergen and Begala.
I was wondering though, listening to Bergen, if you shouldn't be careful not to tar Noam Chomsky and Malcolm X with the same brush you use on Al Quaeda?

the Big three CEO's kept saying that they could not get credit for their customers yet GM in Alabama at least is running a marketing campaign with the theme that there is "plenty of credit" for their customers....either they are participating in false advertising or the CEO's speak with forked tongue!

I don't like dump kids at hospital at all..... I want to take care of kids and not being dumped at hospital.

i agree Mr. Gergen, that was good of him to offer to step down, perhaps he should have done that a long time ago?

I'm not an Obama fan but I will support him and hope he fights terrorism like our last two Presidents.

David Gergen – the big 3 got us by the...don't they. I'm so tired of the leverage.

I think you meant GM David, and I agree that it is the job losses that are the major issue, and then the repercusions to all suppliers and on down the domino line, etc. etc.

I guess some parents are having "buyer's remorse." A parent has a responsibility and should live up to it and not pass it on to someone else. A child is a responsibility for life, or at least to the age of 18.

David Gergen, that's exactly my concern. I'm so very worried about the workers involved. That region has taken so many economic hits already and it's really an important region for the country. I think it's a complex issue that's only muddied by the corporate jet issue. Yeah, it was a rather ignorant thing to do, but it's the local economy that will suffer. The CEO's will waltz away with their millions either way.

Where is the father of Lovinia Cooper's child?

Thank you Mr. Gergen, I tried to make that point the other evening. If we lose our auto industry we will never get it back. Yes, there are other foreign companies that operate here, but the money does not all stay in the US to support OUR economy.

Undoubtedly we need to investigate the Beg Three and make certain that some of the issues are improved and resolved (i.e. the UAW), but in the end we need them to remain here, hopefully bigger and better.

What is the whole purpose of having a "Safe Haven" law? Even if it was originally meant for infants, it just seems like an easy way to unload your "unwanted" child. So sad.

did anyone ask the mother of this 8yr old boy what happened, where she was etc?

David Gergen,

Ok point taken, but shouldn't we clean house at the Big three. Let those who had the party pay for it. Fire the CEO and all of the top management and bring in new people. All new people...... Then we help the companies build products that the country actually needs. Wouldn't that work better for them and us. Don't let these guys get away with what they've done.

Drew

safe haven just makes me sick! i cannot believe parents are doing this. i think of my own mother – who moved alone from a different country, after losing her husband (my father) for me to pursue my education... what's happening is absolutely irresponsible!

Gergy, I agree completely that we have to think long term about the auto industry and the workers...
It's like the economy in general right now where we have to spend money to help stabalize...Just like sending a kid to college, you put in lots of money to invest for the future...But it's all about holding everyone accountable.

That bit with John King was funny.... he should have done more on the magic map.

John King's Daily Show appearance–instant classic.

I fully understand the desire to save the jobs of plant employees, but as one blogger said, $28 an hour to install tires on a car! Outrageous! Again, this the fault of the UAW union. Did they actually think they could continue to build inferior cars and raise the prices year after year?

When I was in high school I would have loved to have made $28 an hour to stock grocery shelves...why didn't I? Oh yeah, we were non union and 20 years later the company is still going strong! I do not think that is a coincidence.

Let's wait a couple of months and Obama will make sure the big three(losers) will get all the money they want.
I'm sure at least one of the CEO's needs a newer and bigger jet anyway, so why not let the taxpayer's spring for it? It's politics as usual, nothing is going to "Change".

The story about those children in Nebraska is a prime example of who really needs help in this country. Not CEO's who abuse their power and then expect to get help from the government.

Might be it is good they left out the age limit, so we can all learn a lesson. The states/communities need to do more to help out desperate families. I hate to imagine in what conditions some of these kids live in.

Michelle, Cal did have civil unions. They wanted marriage.

Mr. Gergan, Lets bail them out by paying off vehicles and stimuating new purchasing at better prices. Maybe this will encourage the Atuo Makers to build better more effortable Vehicles. And Im a Ford employee. If we lost 3 million job last year those jobs lost by Auto makers should be filled dont you think?

Anybody see the piece on The Daily Show with John King and the magic wall last night?

Hillarious!!!

i dont understand these parents, i would sell my soul for my child (if he was still here). its not easy raising them, but it is the cycle of life. its the committment we make when we have them.

how could they nust go drop them off?

The law should be little older than 30 days, at least maybe 6 month to year.

The Big Three execs claim that they need their private jets for security reasons yet my girlfriend just flew from Minneapolis to Boston yesterday sitting next to former Vice President Walter Mondale. No secret service, no nothing.

Makes you wonder what they are up to that makes them such targets.

I work as a corporate pilot flying the same type of aircraft that was pictured on your show, and I agree in principle that it did not look good to show up in a $35 million dollar Gulfstream 5 Jet. The cost in fuel alone for a roundtrip between Detroit and DC. is in the thousands of dollars. They can and should fly commercial like the rest of us, especially when they have their hands out. In tough economic times the flight department is the first to go. Also, lets not forget that the big three sell their products all over the world. You can by a Chevrolet in Europe, Asia, anywhere and everywhere. The bottom line is that their products don't even come close to Honda, Toyota, VW, Mercedes, etc. And their insistance on building and selling these HUGE dually trucks is absolutly rediculous. You wont see these trucks in Europe or Asia as they are not efficient and really not very practical when compared to a van with a diesel engine like you see everywhere else in the world. My personal view as they should not get any hand outs as they have been building very poor products over the years. I rent many cars in the course of performing my job and I can tell you that I have driven Hyundias that have better quality than what you would find in any Gm, Ford or Chrysler product.

For those of you who are claiming President-elect Barack Obama's choices for Cabinet posts are not "change." First of all, he hasn't even chosing ALL of his cabinet posts yet. Second of all, Hillary clinton hasn't even said "yes" to the Sec. Of state job. You are critisizing the man before he even finshes filling his cabinet posts yet, and before the man even gets into office. WHO CARES WHO HE PICKS FOR CABINET??? If he is going to END the war in Iraq, and get this economy back on track, reform healthcare ect.And CHANGE all of the policys of George W. Bush. Then to me that's change to me. When Barack Obama said he wanted to "change" washington he ment "change" its policys. If he ment "change" as individuals then Mcain would of been change as well sence he's not the same person as president bush right? But, what Obama was talking about is CHANGE IN POLICIES! And for you people to already place you judgement on his predency already, before the man even takes office yet, just goes to show you that you wernt a real supporter of him, and are un-patient. BE PATIENT! He has already picked 3 cabient post THAT ARE NOT FROM THE CLINTON ADMID. But, I bet yall don't wanna talk about that, huh? All you people wanna talk about is the recent people who have been called who are part of the Clinton Admid.

Give me a break!

Let the man do his job as PRESIDENT first. Then you critisize. Geze, I guess when that Mcain adviser called America, "A nation of whinners".

He was right!

Interrogating a child that way - with no adult to protect him, nor speak for him - for four hours nonstop, falls into the category of 'intimidation', if not downright 'torture'.

Maybe this issue in Nebraska is something that is a problem all over, clearly people are bringing troubled kids to a state far away hoping to get help for their kids. I dont think they are dumping them.

The child psych services in most places stinks. I live in NYC and could not get adequate (let alone good) services for my child. We had excellent insurance and we couldnt get services???? Imagine what it must be like for parents in rural America?

There is a larger issue here that is getting lost ....

I hate the bail outs as well, but the congress sure jumped to bail out Wall Street the banks and AIG. Sure more money to big business......now when it comes to the Auto makers-actual working Americans they are chocking and gagging about helping out.

No one should have gotten the bail out no one helps the home owner, out of a job, when the mortgage company says get out. Oh, I forgot they give the cash to the mortgage company.....you still have to get out. The United States of America is turning in to the land of the big money looking out for themselves.

Bush and the rest of his crooks should be jailed and let us have his money....he sure killed our economy with his me me me administration.

The rest of the congress and the ones of the opinion the heck with saving the middle class.......your turn to stand in line with the tin cup will arrive.

oh no... the poor dog

Mic, the difference is that Shaq and Tom Cruise aren't asking for a tax payer bailout. The car CEO's are. If enough people don't like Tom Cruise and stop going to his movies he stops getting $20 million per film. If we stop buying cars, the CEO's still seem to get fat bonuses, and perks.

Doesn't sound good that there will be any type of help for the Big 3. Get ready folks, we are heading towards a Depression. If they go bankrupt, the downward spiral will be fast.

I cannot imagine anything that a child could do that would justify abandonment! It is the child who teaches us how to be parents, not the other way around. Shame on those unfit parents.

Oh that magic wall..Who knew that little wiggly map could bring stardom..Give John King a Hollywood star on the walk of fame..

Well John King showed John Oliver business
yay John!

Love the Magic Wall ... JOHN KING ROCKS!!!!

great show, nite nite!

Good night Anderson, Erica and best bloggers!!!!
Have a great night!!!! Sleep tight!!!!
Day of the shot with the daily show!!!!! That is so funny! lol!!!! surprised see John King!!!! excellent!!!
I love dogs!!!!!!! that is so cute!!

goodnight everyone

*yay John!*

Good Wednesday evening. Alot to read tonight on the blog.

I don't think Nebraska should close the program off to older children. I always thought there should be a place where parents could take their child when they are not willing or capable for whatever reason of being a proper parent. I naive assumed that most states already had a system in place like this.
It's not all lazy/ selfish parents either. I saw a woman (on tv) crying and saying that she tried everything to care for her 12 year old son but he steals and lyies and acts out and she can no longer care for him. She said that she asked many times for help but was always turned away....

John King should have "shrunk" the guy and put him in his pocket! Ha! Good sport that John King is.

No pic of Anderson's Flock of Seagulls hairdo? Oh well....

Have a great evening bloggers! Nite all!

John King is amazing. He has a future as an actor – can you say "the 007 of AC 360"? Awesome!