The automotive bailout Options

[playr158]

This post has been edited by playr158: Dec 9, 2008 - 2:21 PM

[97lestyousay]

I am against it, I am sorry for the workers but if my boss pads his pocket
and makes dumb decisions, the company goes under. Thats life, make a profit
or fail.

[GriffGirl]

I am against it, I am sorry for the workers but if my boss pads his pocket
and makes dumb decisions, the company goes under. Thats life, make a profit
or fail.

I'm totally against it too - it's a no win situation I think. Without the bailout hundreds and thousands of people would lose their jobs. That's bad times for the economy as a whole, not to mention how it affects those people personally.

I'm not anti-union. Well, actually, I sort of am. I understand the benefits of having a union to ensure a safe and fair work environment. But some of the people working for the US automakers are making BANK as janitors, for example. What is BANK, you might ask? How about $52,000 a year plus benefits. That's the starting salary of a UAW janitor. http://www.uaw.org/contracts/03/gm/gm02.cfm

I'm all for people making an honest living, and maybe I'm a socialist this way but I don't personally value one person over another by skill set. But this is ridiculous. $52k a year to mop the damn floor? This isn't a skilled trade! It's Labor Union BS, and it's costing people who have nothing to do with Detroit their jobs. Because US automakers are spending BILLIONS of dollars on wages and salaries that really don't warrant such a high salary, they can't make a damn car that's worth owning (a broad generalization). Money that could otherwise be spent on R&D, or just fcuking QUALITY CONTROL. Money that should've been spent LONG AGO on whatever is in their current "plan" on how to spend OUR TAX MONEY.

I think the CEOs, if they're really committed to saving their businesses, should stop accepting salaries at all. Work the numbers and figure out how many of those asshats it takes to equal 25 billion dollars over say 5 years, and stop drawing a salary. And stop showing up in private jets to beg for money from congress. Fcuktards.