The Auto Industry Bail Out

By LJ James

I ask what is going on here in the USA? I am not a financial genius and I could be wrong but this is the way I see it. First we bailed out the banks because they gave out too many bad loans. These people who are financial geniuses gave out loans to people who could not afford them, hoping things would get better and the people could pay their Bills. Basically what they did was gambling. Its like me going to Las Vegas betting over and over on red figuring it will come up eventually and when it never does and I lose all my Money. I then go and ask for all of it back plus more! The Banks who gave the Mortgages where given a bail out of around 600 Billion Dollars so they could stay in business. Now as I have read for around half of that the Government could have paid off all those bad loans and helped poor American Families keep their homes. If all the bad loans where paid then would not that take care of all the Banks problems? Instead they gave super rich bankers who mad bad choices lots of Money so they can continue to make the same decisions that failed before and live their incredible lives that most of us can only dream about.

Now we have the same thing going on with the Auto industry. I do not understand why we would bail them out. It seems to me that if you run a business and you fail, well then you fail. Aren't these the same auto makers who over charge us for their cars? I can not believe none these manufactures can make a car that will last much longer and run on less gas or some other type of cheaper fuel. The Auto industry and the men who run it have been a major controlling factor in the world for many years. Aren't these the same Auto Tycoons that we have heard stories about them keeping all the new smaller car companies from starting up or "buying up" any competitor who comes up with a better Motor Vehicle for over the last half century? The story of Tucker and his dream of making a better car for hard working Americans, Was that not a true Story?

If these Auto Companies where left to go out of Business many Americans who work at these Companies factories would lose their jobs. I do care and understand that it would be very hard on them. Right now is a tough time for all Americans. But I believe that before the dust could even settle from these companies collapse, We would have many small car manufactures starting up making much better cars at lower prices. These cars would last many years longer then the current ones we drive and I can only guess would run much further on a gallon of gas or some other cheaper fuel source. I would bet that fuel would be much better for the environment. Soon after with the huge super powerful big Three of the auto industry no longer in control and maybe crushing any small start up auto manufacturers, We would have hundreds of small car companies all across the Country and soon many more jobs for everyone along with much better automobiles to drive around in that burn cleaner fuels. Who knows maybe we could even get those dam flying cars we where all promised as Kids!

This is a hard time for this country. I think it is evident in the choices the American people have made as of recent, that we now know we can no longer have the same people in power making the same mistakes. These companies and the people that have been controlling this Country have lead us down this road. It looks to me that now that we have reached the end of the road and there is a cliff. Those that have been leading us are now asking us all to trust them and jump off that cliff and fill in the gap so they can walk over us and allow them to continue leading the way !

The idea of this country has always been if you can build a better Mouse trap you can become a Millionaire.What it looks like to me is these people did not allow any one else to build a better Mouse trap. Then they sold the only traps available making them so they would last only a short time, While charging a real high price for them. It has got to the point where the people can not afford to buy new Mouse traps when the old ones brake and have decided they will either try to fix the old ones or just live with the mice. They need their money for other things more important then new Mouse Traps. Now like in the case of the auto Companies they are asking the Government to give them the Money the people can no longer afford to spend on their products.

Now is not the Money they are asking to be given the hard earned Money the Government has taken from the same people in Taxes who can no longer afford to buy these products! These Companies are getting the hard earned Money of the American People who can no longer afford to buy these over priced Vehicles, That last a much shorter time then the ones made 50 years ago. Now our Government who has been over taxing us for years is thinking about giving away 15 Billion dollars of our money.

What charities and programs are we going to have to cut so these Auto tycoons who have houses all over the world, Their own private Jets and pretty much anything they have ever wanted continue to get richer? Will this money come from our Schools? What about the Hungry Children of the USA? What about all those people who are out of work and those that are going to lose their homes the banks are foreclosing on? I bet 15 Billion dollars could really help them out.

America is the land of dreams. It is the Country where a man can be poor one day and rich the next if he has a good idea. There is nothing that says if you have a great Idea and then you make a Mistake and lose everything the Government will bail you out! We are not helping the poor Auto factory workers here, They most likely will loose his jobs any way. We are only helping the Rich Auto Tycoons to be able to pay for all their many luxuries! Do I think our Government will bail them out? Well to that all I have to say is take a look at who funded many of today's politicians campaign and then you will have your answer?

Again I am not a financial Genius and I may have this all wrong I am only Your Bro L.J. James AmericanBikerX.com - 21392

About the Author:

LJ James is a long time writer who fights for Motorcycle Club Rights and unity. He has is a part of a large Collection Agency

For A Fatal Road Traffic Accident, What Is The Highest Amount Of Compensation I Can Claim?

By David Halbert

Where present-day machinery and developments have calmed our lives, they have also created such environments for us where we are in danger of terrible and fatal accidents all the time. The road conditions of today are beyond the thoughts of the inventors of motor vehicles. With the increase in general public, the number of motor vehicles found on the road has also augmented and due to this enhance in number of motor vehicles, the number of incidences of traffic accidents has also inflated.

To prevent such accidents, each country has developed its own set of rules according to their traffic conditions. Specific speed limits are generally fixed on roads to avoid any unfortunate accidents. Underage, drunk, or rash driving are prohibited, and in the case of any disobedience the driver is made to give up his his/her license or vehicle.

Despite all these constraints and deterrent measures, road accidents still occur. The more profusely populated the area is, the higher is the peril of traffic accidents. Many people have to endure callous losses due to these accidents and some even lose their lives in these accidents. Where all this can be blamed on fate, there is still a need to present damages to these individuals to make up for their loss.

The totting up of compensation that can be received in any case is different depending on the circumstances of the accident and the loss which the wounded of the accident had to accept. In some cases where the loss is very high and the casualty of an accident is put in such a situation where his/her whole future life is ruined, the amount of compensation granted may be substantial plenty to provide him/her groceries for the rest of his/her life.

In cases such as of spinal cord injury or other such injury which leaves the casualty robustly disabled, the court has granted compensation of over 2.5 million which is more than adequate for anyone to live a soporific life even with the disability. Although health is matchless, this compensation will of course make the casualty to keep on spending his/her life with ease.

The heirs of someone who dies in an accident might also be granted compensation. The value of the compensation depends on the circumstances and the position of the deceased in the family. If the deceased was the sole source of earning for the family, then the court might grant higher compensations to the heirs.

In a usual case the court might easily grant compensation from 500,000 to 700,000 to victims who have suffered great losses in an accident, such as a permanent disability, loss of employment, inability to work again etc.

Several aspects need to be well thought-out to make a thriving compensation claim and to secure a higher amount of compensation. First of all, the victim must make a sturdy appeal and the case should be well prepared. Getting a good legal representative is always a good thought to make your case good and strong in order to be able to secure enough amount of compensation claim. A great lawyer usually means higher chances of victory. - 21392

About the Author:

Obtain advice from injury lawyers before making a claim.

Following a Road Traffic Accident, What is the Maximum Amount of Compensation I can Claim for a Head Injury?

By David Halbert

If you have been in a road traffic accident, it is important to move fast and get everything in order so you can file a compensation claim quickly. By getting all the information you will need to claim within hours, to ensure the best possible settlement.

To begin with, you have to first start taking snaps of the disaster site. If you have a mobile phone with a camera, you can employ this, or you can ask the police if they will be taking pictures. In addition, make certain you give your statement to the police on the sight of the disaster; followed by the information of the account they have created so your legal representative can obtain access to it.

Before the police arrive, you should go around and get information from the witnesses of the accident. Ask them what they saw and get their contact numbers as they could help you by being witness if needed. Also get the contact insurance information of the driver that caused the accident.

After you have done all this, go to your doctor and ask him for an appropriate checkup. Ascertain you acquire appropriate tests done for the notification of your injuries. Some, like whiplash, might not show till a few hours or even days after the mishap so feel free to go back in a couple of days for a follow up checkup. Once you have visited your doctor, you have to search for a public prosecutor. Your public prosecutor will use all the facts you have collected to file a claim. The amount of reimbursement will depend on the quality of your claim so ascertain to provide all probable facts.

The amount of compensation you will end up receiving will be a combination of a few things. Firstly, you will be square up for any medical injuries you sustained due to the accident. This includes all medical care you may need in future plus the one you have already received. For this data, it is important you talk to your doctor and get estimates.

Another factor compensation claim will be including is the losses you incur. This will include everything from the damage to your vehicle (so make sure you get a quote from the auto repair shop for this) to loss in earnings (for instance if you have to take time off). Furthermore, if there were other people in the car with you, they can all be a part of the claim as well.

Make sure you get all the information your lawyer needs as fast as possible to file your claim at the right time. If you are able to provide compelling evidence of your losses, the amount of compensation will eventually rise. - 21392

About the Author:

To claim compensation, visit an injury lawyer today for advice

How Do You Correctly Report a Car Accident for Insurance?

By Graham McKenzie

All drivers get involved in some type of car accident at least once. Therefore It is very necessary to be acquainted with the basics of providing your information to the other driver so that they know how to later get in touch with you. Although, the accident is small, you must not simply drive away, else it might be called a ?hit and run?. It might be possible that you knock an empty car but even then it is essential to exchange your information with the owner or driver of the car so that they ay contact you. In a serious accident, your first objective should be to ask someone to call at 911.

Most people forget the first step, which is to not admit mistake. Even though you know that the car accident was caused sue to your mistake, it is suggested that you don?t confess it to the other driver. Because if later, it is proved to be the other party?s mistake, you?d still be compelled to bear the expenses because you initially owned up the mistake. You must stay cool and tactfully manage the state of affairs so that everyone gets back to their work.

Swap the insurance information with the other party/ parties immediately. Ensure that the names, contact numbers, and addresses are provided so you can contact each other later. This explains why it?s so essential to carry your insurance proof along with you in your vehicle. You might have to give the proof later if you don not have it with you at the time of accident.

If both parties involved in accident are ready to wait then you can make a call to your insurance company and ask your claims representative to come and evaluate the damage caused. At times, this may not be possible, but you should always call your claims representative as soon as you can. The representative will take some pictures of the accident spot and damages while you are around; get your claims form filled, speak to the other people involved in the crash, and may be also talk to those who saw the accident.

You must also click pictures at the spot and nearby areas before the mess is cleared and vehicles are removed. These days it?s become very easy as most people have mobile phone cameras. So, take enough pictures which may help describe the accident scene.

Once you have called your claims representative, taken pictures, and exchanged information you are usually free to leave the scene. By now a police officer would have arrived to help sort out the mess and tow trucks may be taking away your vehicles. Sometimes the damage is light enough so that tow trucks aren?t necessary. Even so, it may be weeks or months until you get a check in the mail, so you may have to initially pay for the repairs yourself at first.

The fund you receive is decided by the lowest fixing quote provided to the insurance company. If they total your car then you will get the ?blue book value? for your vehicle. The ?blue book value? is your car?s standard price set after taking into account the age, state, and model of the car. If you had made any alterations in your car, then you will not be paid for that. - 21392

About the Author:

Graham McKenzie is the content syndication coordinator for Carinsurancesa.co.za. South Arica?s leading car insurance portal.

Online Quotes For Car Insurance - Where To Get Auto Insurance Quotes Online

By Matt Hellstrom

If you are shopping around for auto insurance, whether it's your first time, or it's because you're getting a new car, or it's just because you think you can get a better rate, getting auto insurance quotes online is the only way to shop. In possibly no other common transaction is the value of the Internet more pronounced. Customer loyalty has been shattered in the car insurance business, thanks to transparency of the World Wide Web.

As a group, insurance companies, brokers and agents combined to form a distinct group of what the marketing whizzes call "early adopters." Now, a sub-group called skimmers has formed with Grey Power and the American Association of Retired Persons in the lead. These groups negotiate bulk rates for group members and in so doing skim off the cream of the car insurance crop. With the ease of obtaining auto insurance quotes online, competition for business is fierce.

The insurance companies have to balance off the income they lose in giving group rates to older drivers. That's the way business works. And in this case, business working means rates for high-risk young males and new drivers have soared in part thanks to the Internet. It is no longer uncommon for young drivers to drive without collision coverage even in an almost new car, or to drive with no insurance at all. It is one of those unintended consequence of new technologies.

The benefits for consumers in shopping online for automobile insurance are tremendous. Calling insurance agents and brokers is time consuming, plus you have to reveal personal information to strangers, which is never fun, even if you're not privacy sensitive. And when was the last time you called a business office and didn't have to go through a time consuming voice menu only to wind up talking to an answering machine?

A recent survey by a well known business school asked 400 online insurance shoppers why they chose to look for car insurance online. The number one response was that they wanted a quote and that was it. Car insurance websites know this and make it as fast and easy to use as possible.

An unintended consequence of the ease in obtaining online quotes for car insurance is the transparency of the risk profiling process. When shoppers answer the questions, they see what factor the make of their car plays, or where they live. They understand the financial implications of getting liability only, rather than full coverage.

Perhaps one of the most attractive and informative features of otaining an auto insurance quote online besides shopping for car insurance is when you decide to shop for a new car. Many sites that offer online auto insurance quotes have a feature where people can find out the different rates per vehicle. When evaluating comparable models that vary greatly in dealer invoice prices, the car insurance cost can be a deal breaker or maker. - 21392

About the Author:

Are you in the market for auto insurance? The internet has totally altered the landscape of the auto insurance industry. Get online quotes for car insurance and learn about low cost auto insurance at http://onlinequotesforcarinsurance.com today.