I have a Ford Mustang and love it but I totally agree that if you have run your business into the ground a handout, errrrr bailout, just can't be expected. long live unions, those ever-so-helpful pools of corruption....hope they're happy with what they helped create!
Of course, ridiculous wage and benefit demands contributed greatly to the need to go to DC, but why bother?
It's really about the private jets that are of no consequence.
Cosmetics & politics
hno:UAW are at fault just as the companies are. Technically, if you look at median Family income and what not UAW was just keeping pace what the top earners were so in some ways you cant fault them, but in this case the goose was sick and they shouldnt have always used the sharp ax. But the same can be said for the executives as well, so blame all around.
I've driven a european car for the last 5 years. Japanese before that. Thinking of trading in my car for a japanese. Besides I can't think of one American car (for the exception of a gas guzzling Escalade) that I'd wanna get. Be it quality or style.
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I drive an old Infinity as does my wife both have over 100,000 and are better than most new cars that I have owned.
The problem is how to get the Midwest employed again. The unions are willing to make all kinds of concessions but management actions in this latest clusterfuck in Washington shows that they are a long way from accepting any responsibility and mend their ways.
The problem is how to get the Midwest employed again. The unions are willing to make all kinds of concessions but management actions in this latest clusterfuck in Washington shows that they are a long way from accepting any responsibility and mend their ways.
Thank you for that Rob.
Someone here accused me of sympathizing with the Banks. Fuck them too. He's an idiot.
I say the courts should have let their assets be auctioned off in the courts and let the FDIC pay off the depositors. I mean, WTF is the purpose of even giving the FDIC an existence if the banks can't fail? It's us depositors that are the only ones that need protection and like fools we've been hit on for that protection too. But the government is now underwriting and indemnifying the companies themselves and not just the depositors.
It's just another way for the thieves and morons that run everything in DC to get another double dip. Realisitcally though, if the FDIC isn't going to be needed anymore because the Feds won't let the banks fail, how stupid is that?
But back to square one. They should never have bailed them out. They should have offed their assets to the best suitor and let the FDIC clean up the mess. Get that road kill off the highway. Ultimately that's the best solution to all of this.
Listen, greed knows no bounds. Let the failed unions go the same way as the failed companies they've been in bed with. As far as I'm concerned, they are all equally guilty and deserve nothing for their own self serving greed.
If it's about jobs, the let the gangrenous and unproductive companies be "fileted" away... (there are unproductive workers that have gotten a free pass for too long thanks to the unions.) All of them are basically nothing more than a big suck. Is it any wonder that jobs are ultimately lost when the bills finally are left unpaid due to pure greed everywhere you look? (Greed being defined as taking wages, money or reasonable profit that wasn't righteously earned.)
It all has to go. Then we can build on a solid foundation. That's how we will become strong again and thrive like we are supposed to do. Reward productivity, penalize unproductivity and failure at all levels of business and government. Let the forces of nature and captitalism prevail. It's either that or we are in for a lot more of the same bullshit for a very long time.
And as far as the government goes, let them regulate for fair and necessary reasons. Do not let that regulation become a form of control and exploitation or the greed and lust for power that put us in this mess starts all over again.
