Opposition to Auto Bailout and Support for Payday Loans

By Niki Hansberry, your payday loans news source

Let Our Voices Be Heard!

As Americans, it is our fundamental right to have our voices heard; this includes what we have to say about the auto bailout and our access to payday loans. Americans care about the auto bailout because it has everything to do with our tax money. Budgets are tight, so Americans are extremely vigilant about where their tax dollars are being spent. Americans are also concerned about their financial freedom. Some states are eliminating access to payday loans, which in essence, is eliminating financial freedom.

Auto Bailout

The Big 3 auto companies are struggling to remain above waters

The Big 3 auto companies are struggling to remain above waters

The Big 3 auto companies, GM, Ford, and Chrysler, are begging Congress for money to help them avoid bankruptcy. The Big 3 are up against more than just Congress. A recent CNN poll claims that 6 out 10 individuals are opposed to the auto bailout more than half of the people polled are not in favor of bailing out the nation’s biggest automobile companies. Opposition increased when Americans learned of the poor performances by auto executives, and the private jet they flew to get to the Congressional meetings. Opposition to the bailout can be found across the nation, including the Midwest, where the auto industry employees thousands of Americans. With such widespread disapproval it will be interesting to see which way Congress votes. What do you think about the auto bailout?

Is the Government Listening?

Many Americans have absolutely no interest in saving the country’s major auto companies, but the auto companies are desperately pleading their case. On the contrary, many Americans are interested in preserving their financial freedom, including their right to payday loans, while several politicians are trying to eliminate payday loans nationwide. There is something wrong with this picture: Americans don’t want to bailout the auto companies because they would like to see their hard earned tax dollars go towards a more legitimate cause. Yet, the government is considering granting the Big 3 their bailout wishes? And Americans want to preserve payday loans and financial freedom. Yet, the government is trying to abolish payday loans? It sounds as though the government isn’t listening.

Use Your Voice

No matter what the issue is, Americans have the right to be heard, and Americans are catching on to this. If we want something bad enough we will use our voices to get it. Take this year’s election, for example. Our country desired change, and there was a record turnout for the presidential election. Barack Obama was elected president, due in part to his promise for change. Obama will surely bring big changes to the United States, but it is unclear if those changes will positively or negatively affect Americans. Obviously, the majority of the country believes Obama will bring much needed, positive change. He wouldn’t be president otherwise. However, Obama is one of the many politicians that would like to eliminate payday loans nationwide. You used your voice to put Obama in office, now use your voice to tell your president that you want to keep your financial freedom and your access to payday loans.

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Discussion of Opposition to Auto Bailout and Support for Payday Loans

This post has 7 comments

  1. Perky On Payday says:

    I am for the bailout. I do think that going to Congress to ask for money in private jets is beyond tacky, but I also do not think it wise to punish the employees of these companies for their executive’s hubris by letting them slip into bankruptcy. If the Big 3 automakers were to go under, it would be the worst things that could happen, and it will guarantee a depression.

  2. Kathy says:

    I am for the bailout. It is not just the CEOs that will be hurting if the Big 3 go under. Employees will all lose their jobs, the entire economy of the automotive states would be gone. Teachers, private business owners, shopping centers, resteraunts would all lose major business. People think that this bailout is greedy. It is not. It is to help save the economy of this country, which let’s be honest, needs all the saving it can get.

  3. Fancy says:

    Well I do and don’t think they should get the bailout. If they don’t, unfortunately many would lose jobs for something that isn’t their fault. But if they do, think about the many other problems that are affecting today’s economy, that money could help out greatly in other area’s as well. So I guess I don’t have a final answer because there are pro’s and con’s to each side.

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  5. Richard Edd says:

    I am totally against the Bail outs.
    If some one should be Bailed out, it is the people.
    If all this money was given to us we
    would have money to buy there cars and trucks.
    I just want to know who I talk to so I don’t have to go bankruptcy.
    It come down to this.
    If the people had the money, the people spend the money.
    Thank you.

  6. schepp says:

    But if they do, think about the many other problems that are affecting today’s economy, that money could help out greatly in other area’s as well.

    schepp

  7. Lydia says:

    Everyone is talking about all the people who would lose their jobs if this bail out doesn’t happen, what about all the people who will lose their jobs if they ban payday loans. I am the manager of a payday advance company and I really would like to keep my job and thought I may not totally agree with the rates they charge, I think payday loans help out those people who can’t get approved for a personal loan or doesn’t need as much money as those loans require you get. There are pros and cons to both sides. I don’t understand why there can’t be some sort of middle ground.

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