I love how the three CEOs from Ford, Chrysler and GM all flew into Washington, DC on their private jets, stated their sob stories to the government, were told “no way, no how” and then they split on their private jets back to the Land That Was Built on Motown and Cars. Who do these three wizards think they are? Flying around on private jets for “security” reasons–give me a break. Trust me, if someone wants to kidnap one of them, they’ll do it, private jet or not.
These bozos could have had a great road trip to Washington. Of course first they’d have to decide which car they would take–a Ford, Chrysler or a GM vehicle. Wagoner would have to drive first since his company is in the worst mess. Hell, with three of them in the car, one could drive, two could sleep, they could take turns driving and they woudn’t have even had to stop to rest–just for gas, bathroom breaks and food. And on top of it they would’ve been able to see some parts of this great country of ours. The very same country their companies make automobiles for. They could drive the very same roads their cars drive on. Think of all the jet fuel they would have saved!
I’m glad there will be no vote on the bailout. I hope there never is. How long did these guys think 25 bill was going to last? Till the next jet trip?
I know there are a lot of jobs at stake with these companies losing their shirts. And sure it’s nice the CEO’s say they are doing this for their employees, however true that may really be. But maybe the end to the craziness needs to start at the TOP, not the BOTTOM. The Unions are a big part of it also. These people have been living in a dream world all these years having everything taken care of for them. How could they have thought it would last forever?
On one hand it would be nice if the government stepped in. Maybe they should control the Unions. That way they would have a say in how things are done, how people are paid, how much they are paid, and help employees understand they are going to start paying for their health care coverage like everyone else. It’s not a free ride anymore, people. The companies you work for are in deep doo-doo with nowhere to go but DOWN.
My biggest fear with all this government bailout business is the mindset of other corporations. When another business gets in financial trouble are they going to seek help from the government? I work in the food industry. Imagine if one day the food industry began having financial problems. I shudder to think of the industry going to seek help from the government. Same thing with any other kind of business. Wow. Wonder how it would go over if retailers sought governmental funds to help keep them from going bankrupt. Maybe Circuit City should have done that–not.
I always thought the United States government was here to help the citizens of the United States. They govern us. I don’t think the government was established to “bail out” businesses because they bit off more than they could chew and they failed tremendously. If they keep bailing everyone out, when the “little people” need help, where will the money be?
bunchesofos