Transcript Automobile Industry Crisis

Automobile Industry Crisis
A compilation of videos, sound clips,
pictures, websites, and more
GM’s Propaganda Video
This is a propaganda video made by General
Motors to win support for the bailout. The
points they stress are that sales are down.
They say that the auto industry creates a
‘ripple effect’ and that many Americans are
employed by the Big Three. They believe that
the auto industry affects way more than
Detroit. They say it will hurt many suppliers…
GM’s Propaganda Video (Con’t)
and also those who sell cars in dealerships. If
the auto industry collapses, income will
decrease greatly and the government would
also lose a lot of money. Their biggest point
they make is that their can either be an
immediate loan of $25 billion or lose
hundreds of billions of dollars later.
Click below to watch the video:
GM's Propaganda Video
GM’s Propaganda Video (Con’t)
This website can also link you to the Youtube
video page where you can view other viewers
comments. Also, you can view several other
articles.
UAW Supports Bailout
This picture above (AP Images) shows protestors with the United Auto
Workers (UAW) on December 6, 2008. As the most evident sign reads, they
are reinforcing the point that it is a ‘loan’ not a ‘bailout’. Their companies are
simply asking for money as a loan.
Blog Supporting Auto Bailout
This is a blog written by a well-educated and
experienced (grew up in Detroit) woman. She
says that Detroit needs jobs and cannot afford
for these plants to go down. She points out
that it is an entire industry that would be
going down, not just one chain. She admits
the Big Three have some flaws, but believes
the industry is too important to the country
and the region to let go. She believes as well…
Blog Supporting Auto Bailout (Con’t)
that Congress should set guidelines to make
sure that The Big Three do not need further
aid. This blog is also followed by many
viewers comments that can also be viewed for
information and to view others personal
opinions.
Blog Pro-Bailout
Article About The Future
This is an article by Wonk Room, a site which
features opinions on many political issues. It
says that the auto industry bailout seems to
be well-supported. Its main point is that it
needs to look out for the future. One key
thing is they need to oversee the spending of
the money. They cannot let it be a waste of
taxpayers money. Another more important
thing they need to do is…
Article About The Future (Con’t)
set conditions that the Big Three must meet,
such as getting 'greener' cars. Click the link to
view the full article.
Auto Industry Bailout and Future
WBUR Boston Discussion
This is an audio clip from a Boston radio station
that plays NPR. It features many different
tools to learn about the situation. It features
many guests, all with many different opinions
and backgrounds. It can expose listeners to
the many different opinions of these people.
Click below to listen to the audio clip.
WBUR Boston On-Point Discussion
Wall Street Journal Article
• This is an article from the Wall Street Journal
political section largely about the political
aspect of this debate. It establishes the
typically Republican view of less intervention;
that it would also set a bad precedent vs. the
typically Democratic view of more
intervention. It once again mentions the key
element that the Big Three must plan to spend
the money on a good plan for the future…
Wall Street Journal Article (Con’t)
It is generally unbiased; it simply introduces the
political aspects of the argument and where
the vote stands. It also covers what is likely to
happen. It features a graphic showing GMs
decreasing sales, profits, and stock price. Click
below to read the full article and see the
visual.
Wall Street Journal
Opinions on Auto Industry Bailout
This is a very interesting artifact because it is
composed entirely of people’s individual
opinions and support. It was started with the
question ‘Should US auto companies receive
$25 billion in federal aid?’. Then, members
are free to add comments or comment on
others posts as they choose. There is also a
vote which came out to be 2/3 in favor of…
Opinions on Auto Industry Bailout
(Con’t)
the side against the bailout. So it is possible that
in this article you will receive slightly more
opinions of those who do not support the
bailout. Click below to view the entire poll.
Opinions on Bailout
Energy & Capital Con Article
This is an extremely sided article against the
bailout. It is a very useful and well-backed con
opinion. It says it is unmoral and anticapitalist to reward unprofitable businesses
and the CEOs of the Big Three are only using
jobs as an excuse to get support. Below it will
also feature many comments. Click below to
view full article.
Energy & Capital Against Bailout
Blog Against Bailout
This is a blog (again strongly sided) opposing the
bailout. It sets straight what the blogger
believes to be a common misrepresentation.
He says Republicans do not want to see any of
The Big Three go bankrupt, they just do not
want to fund the failing businesses. He says
there is a lot of money being wasted. This
article…
Blog Against Bailout (Con’t)
also covers the political aspect of this topic. It
once again features comments from viewers.
Click below to view the blog.
Blog Con Bailout