If the administration of Ford were interested in ensuring the future of this
automotive company, wouldn't it make sense for them to voluntarily take a
pay cut in an effort to make Ford sustainable. I realize that going from
$10 million plus or even $20 million plus to perhaps a lowly $1 million
could seriously crimp your food budget, but it would sure send a strong
message to the employees you at present are taking the hit, and perhaps an
even bigger message to the consumer public. I find a hand out ( some call
it a bail out ) hard to justify when the administration is so top heavy and
over paid and refusing to take responsibility for their decisions and the
company they run.
Just my 2 cents worth. If I was a CEO, this could quite possibly be my $10
Congress asked the "delegation" from the top three that same question
today. In fact, one of the "key questions" was: How did you get to
Washington today?" Answers from all the "CEO delegates" ranged from:
"My corprate jet" to: "The company jet" nobody used commerical
transportation to get there... Sort of like the congressional
delegation telling us to save gas/drive smaller cars... have you ever
looked behind the Capitol at the vast array of black
surburbans/yukons,expeditions???? Save money? drive small cars????
The message from all these jerks seems to be: "YOU do it, I'm above
that trivial stuff"
I find it "amazing/amusing" that these "better than the average joe"
executives find it beneath themselves to beg from Congress while
wearing thousand dollar suits, staying in the best hotels and
travelling to the "begging station" in private jets... Sort of like
the beggar on the street corner driving up in his new Mercedes to
rattle a tin cup for quarters.....
The New York Times is a Marxist's rag. Their bloggers are just useful
dupes. My reply to them would have been more to the tune of. Do you fly
commercial or private when you travel back to your district? Were is
the outrage of Nancy Palosi demanding a bigger jet so she can travel non
stop to California? Are those democrats for real? They are shameless.
Can't the see the irony of demanding one standard for everyone else
and another one for themselves? Does anyone expect to see Barry Obama
(the biggest phony I have ever seen in my 52 years) in a Hybrid
motorcade? Although I am sure he will demand every one else do ride
sharing in what ever jap crap he approves of. He can just bite me if he
thinks I will submit to any of this plans.
HEHE yup, said with the conviction to enforce true feelings.
As I said in the original post, just look behind Congress at what they
drive, look at how the top 3 got to Washington, Obvious to me none
of them have to work for a living. Would be terrible to think the
only callouses I got on my hands were from watering my prize orchids
or bringing in some firewood after the maid/butler left for the
evening. <sigh> What a terrible life :)
So let's call a spade a spade. Those three goons should burn in hell
right next to Paulson, who should be sitting right next to Bush. None
of the aforementioned give a rat's ass about any of us.
Please - prove me wrong.
Patrick, dwight, Michael (if y'all are still here) - comments?
The whole problem with Detroit is that they keep giving us the vehicles we
want, not the vehicles we should have or that would make sense in a changing
The American buying public is a fickle beast, and Detroit has always been a
beat behind in the dance. We wanted SUVs and horsepower, they set about
giving us that. A small minority decided to be environmentally aware, so
they started to develop green vehicles as a small minority of their
I don't blame Detroit for building cars to suit the market.
Problem is, the market did an about-face, and we all know that Detroit
doesn't (can't) react that fast. What do they do with all of the leftover
SUVs, while they scramble to remake the product line? We all get to feel
self-righteous, while Detroit is left holding the bag that used to be our
I say, give 'em the damn loan, make sure that they survive, and give them
time to develop the vehicles of the future. GM is already gambling
everything on the Volt, even while Ford has just unveiled the 2010 Mustang.
You can bet that next year's auto show will feature a somewhat different
focus from Detroit.
Sounds about what Pelosi wants. I'm tired of hearing how the sky is
falling and our taxes are needed for MORE government programs!
Let them go into chapter 11, get rid of all the FAT (we know it floats
to the top) and that includes the UAW too.
I swear the Dims are going to push a LITTLE too much.
Oh that's right I forgot, It's still Bush's fault. =) (Probably will be
for at least four more more years too)
There's plenty of blame to go around for all of Washington, just happens
that most of them are Demos. There, better? ;)
Don't you think this crap all started with the housing market running
out of control? And sorry to say but, these people who over extended
themselves, buying over priced homes, and the bankers selling ILL
packages, just need to cut their losses and move on. Let the market
reset to a lower level (houses back down to 150K or what ever)so people
who really CAN pay for a home get those loans and get this thing going
Calm down. My only point was that you single out the Democrats for blame,
when "there's plenty to go around, just happens that most of them are
That's wanting cake and eating it, too.
Let's see - the Democrats are to blame. The American people are to blame.
Greedy business types are to blame. Great. Now we know who to blame.
Doesn't solve any problems, but I certainly feel better.
No, still too simplistic. It's going to take actual leadership in
Washington, together with a rejuvenation and resolve on the part of the
business community, with a side order of sacrifice and a disavowal of the
creed of instant gratification by the people. We're all in this together, no
matter how we came to be here.
To point to the Democrats, or to the Republicans, or to Mr. & Mrs. Borrower
as the cause of the underlying rot in the economy is facile and irrelevant.
The fact is, this economy threatens all of us (hell, I feel threatened).
You can point to Pelosi and Frank as some sort of culprits, but I'm thankful
that somebody - anybody - wants to actually DO something about it, as
opposed to going off on early retirement.
This is all pretty moot considering Nancy just wants to see some kind of
essay from maybe some of the B3 CEOs before she gives out the checks.
I think you got me all wrong anyways cause what I was saying was to just
let capitalism run its course. I guess we'll never know how that played.
I thought that the point was about who was asking for money from who?
Righteous indignation is one thing.... pissing on the boot that's attached
to the ass you need to kiss... that's something altogether different.
If you want to borrow money from me and I ask you a question about it, all
you need to do is get a little huffy for the answer to be "NO". It looks
like Canada is waiting to see what the US does... For my part - every time I
get myself into a bind, it has been up to ME to get myself out of it....
Catch my drift?
Sure, and, as a Republican and a fiscal conservative, it pains me to say
that we should make the loan. In theory, a business - any business - should
rise or fall on its own merits, but these automakers have become an integral
part of the nation's economy, its security, and its future self-reliance. To
say that they should be allowed to fail is just ignoring the larger picture.
Well, if we look up in the thread, we see that Columbotrek feels that the
automakers should be above restraint... that they should counter the
question about corporate jet usage with a "tit-for-tat" comeback.... If the
reps from the big 3 want to look like paupers, the least they could do is
act the part....
I'm not saying that these corporations should be allowed to fail, but it is
about this time - after all these years of self indulgence - after all these
years of corporate management and the unions hosing down their customers -
that some kind of public watchdog... a very big, very nasty, very vicious
and unforgiving public watchdog get's put in place....
The US has been a very powerful force in the modern world... The US has
shaped much of the world as we know it. But now it is starting to look like
some errant priest - spreading good will through the community with one hand
down the alterboys trousers.
If these companies want public money, the first thing they need to do is
start accounting for their own money. Ever put a business plan together?
Ever done projections without fudging the numbers? Instead of pretending to
be pretty faces, these guys need to become business LEADERS.. If you want or
need more cash - show us what you can do with the cash you got... Anything
else is going to be good money after bad.
What has been stated thus far? Can you give me some loot - I need to gas up
my jet. If you give me enough, maybe I might spread some of it around.
Fuck me... the simplest shit just starts to take on a life of it's own...
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