rasguy24's Blog

"Why cause it would end Union contracts, they're the reason auto makers can't be competitive in the first place."

What does that mean? Competitive. Ok so WHO are buying the cars that the automakers are making? China? India? No Americans, well they were, until automakers claim that the wages are too high and they must move to a lower cost nation. People MAKING that decent wage that the "union" helped get were the ones buying the cars. No more good wages, no more car sales. You think China and Mexico are going to buy those cars? Think again.

What stranglehold? In my recent experience with unions they are only trying to hold on to what they ALREADY have. Theyre not asking for astronomical raises or increases in insurance. Its usually a fight to keep what the worker ALREADY has. And the employer on the other hand wants to CUT wages or cut insurance coverage and hold "competition and lower wages" over their heads as a threat.

If the US goes down, the whole world goes down. Again, China and India, and Mexico will not buy our products like we do. So tell me. Who will buy that $30,000 car? GM does not look to the rich guy, and not the poor guy. And not to the ones living abroad MAKING their car. They look to the ones making enough to buy a $30,000 car. And $10/hour will not cut it.

He only signed it, its actually been in the works since Nixon. Remember his "historic" visit to China? And how exactly should unions play ball? Agree to wage cuts? Agree to more work less pay? Because we will NEVER compete with foreign markets.

Government can bail them out. If they dont, the government will have 1000's of people to "deal" with one way or another. Government know this. Sure, let auto companies go belly up I guess, now you have more people on welfare, more people taking government programs to help them out and so on. Either way the government will be paying like it or not.

I think the oil companies should merge with the auto industry. A match made in heaven.

Cut off.
They will make sure to keep the unions afloat even though they have as much to do with the failing of these companies.

I say let em fail, let new companies with fresh ideas and a decent plan take over. Let the strong survive and the weak die isn't that what capitalism is? as rasguy already stated we will be paying no matter how you look at it anyway.

I wonder why aren't they forced to get rid of their larger assests to save the sinking ship?
If you're on a boat you look to throw overboard something that's heavy. Maybe they don't need so many high paid paperpushers? Maybe they don't need big golden buildings to house their top brass? Maybe the people in the big buildings could take paycuts? If I was running a business and it was failing, I wouldn't fire my blue collar workers. I would try to cut the extravagances and take a load off of the company. You then change production to suit sales and cut your losses. Sell those SUVs at a very discounted price and take a loss, but dump the garbage. Start production of fuel efficient vehicles at affordable prices to appeal to the public.
Again, it's drastic change that is needed and greed holds them back abd their fear of change.
The American public should not be forced to pay for their stupidity and bad judgement and then not get back something from the companies, such as a good faith show by cutting back and doing things to make the company work well. We have been slapped in the face by AIG and other companies in the bailout. I am tired of the American public having this thrown in our faces and being treated like we're stupid.

That's why I said let the oil companies bail them out. They made record profits for the last four quarters, each time beating the last. It would be a good investment for them. How well would it serve the public? Not sure on that one.
I think it's better than us bailing them out with imaginary money. The only backing to these bailout loans are our backs working to pay them. Why are we working to support these piggies?

Have you seen the little piggies
Crawling in the dirt?
And for all the little piggies
Life is getting worse
Always having dirt to play around in

Have you seen the bigger piggies
In their starched white shirts?
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in

In their styes with all their backing
They don't care what goes on around
In their eyes there's something lacking
What they need's a damn good whacking

Everywhere there's lots of piggies
Living piggy lives
You can see them out for dinner
With their piggy wives
Clutching forks and knives to eat their bacon

Is there a plan at the Big 3 to stop the bleeding ?? They have been losing money for some time and now they are about out. So if we give them some more money, how long before they are out again. Without a plan to recover, throwing money at the problem is stupid.

Need a cool ten grand, get a second job. Where is the entitlement coming from ? As far as Dubya is concerned you should be thanking him for one thing, your head is still attached to your neck and no more buildings have fallen.