Bankruptcy Over Bailout - Comments Page 2

Part of: The View From Abroad

Giving the Big Three automakers any money is a waste of money.

Congress is getting so much pressure and hearing so many tall tales these days that it’s akin to unscrupulous telemarketers battering the simple minded to buy their product. It is getting to the point where Congress will need to pass legislation to protect itself from money grubbing shysters.…
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  • 26 - Clavos

    Nov 27, 2008 at 12:54 pm

    No argument from me on that score, bliffle.

    Rick Wagoner (and others) are to blame for the line workers' excessive wages, not the unions. Union management is SUPPOSED to try to get as much for the workers out of management as they can, while management is SUPPOSED to keep wages as low as they can.

    Union management did its job successfully; the corporate mangers fornicated the canine on that issue (and many others).

    Not only is Wagoner not worth what he's being paid, he's not worth even a token $1 a year.

    He (and all the board, as well every manager from middle management up) should be fired IF (a BIG if) we're going to "salvage" the car companies. I say they ought to be allowed to go into bankruptcy and see if they can come back (without government money).

    If they can't, close 'em.

  • 27 - Cindy D

    Nov 27, 2008 at 1:02 pm

    I heard some old geysers

    Where, at Yellowstone?

    LOL Clav!

  • 28 - Heloise

    Nov 27, 2008 at 2:34 pm

    We have old geysers here in Texas too LOL. BTW
    Happy (vegetarian/vegan) Thanksgiving...I think that vegetarian power will hold sway more in the future as people realize that the warehousing of pigs, cattle, moose, and fowl is well foul. And is fouling the water and polluting stuff. Some farmers are harvesting the methane from cows to run the farm.

    I am watching for the upteenth time my fav film: JFK Reckless youth. And I noticed on The Mentalist that they have hired the woman who played Jack's sister...she's great. In fact when I get around to I am going to it will write an article about how much I love the show and why.

    More later

    Heloise

  • 29 - Cindy D

    Nov 27, 2008 at 3:20 pm

    Happy (vegetarian/vegan) Thanksgiving Heloise!

    Although I doubt I will ever be (re)enlightened enough to do that again. I will give our turkey your condolences.

    :-)

  • 30 - Cindy D

    Nov 27, 2008 at 3:39 pm

    Happy Thanksgiving to all. As a gift I leave you with this:

    The Real Story of Thanksgiving

  • 31 - Heloise

    Nov 27, 2008 at 5:49 pm

    Oops Jack the eccentric speller strikes again--it's old geezer (eccentric old person), old geezer not geyser, not even close really.

    Heloise

  • 32 - Cindy D

    Nov 27, 2008 at 11:27 pm

    Yes, but even old geezers sometimes go to Yellowstone to see the old geysers.

  • 33 - bliffle

    Dec 01, 2008 at 12:25 pm

    Well, Clav, doesn't the egregious employment at GM of a bum like Rick Wagoner demonstrate that there's a basic flaw in the model of corporate existence? Doesn't this clearly show that our Laws and regulations of corporations have basic flaws that threaten to destroy not only the corp but the nation as well?

    Wouldn't it behoove us to discuss these things instead of putting them down with ritual references to Milton Friedman? Shouldn't Friedman himself be driven from the temple of business and government (along with his nazi shrew wife)?

    Isn't it time to recognize that unfettered greed is NOT guided by some Invisible Hand to produce the best result, except in the dreamy fantasies of the most deluded acolytes of so-called Free Markets?

    Is it too late to pull back from the disastrous course that 30 years of ritual obescience to private interest has doomed us to?

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