Oh... I'll also go slap some of these school teachers, That have been teaching this stupid way to run your company classes. Because it seems all CEO took that class in 1992-1998 and been aplying it the last ten years..
I think that class was called... How to go bankrupt and get paid 101
Free of charge...

 

If they go chapter 11 you can wave bye bye to your money....

 

And if they dont... next month I can take my car back up to LIC for the Cosworth long block..

 

I don't want to see them lose their jobs, but I want REAL CHANGE. I want the management out, and the workers to make what the Foreign companies pay at their plants in the US.

The Senator from Tenn stated that with cutting back exec pay, cutting worker pay and benefits to Toyota levels will yield them $10.5 Billion. That will go a long way...

They all want money but they don't want to change how they work, what they build and how much they make. The Unions are a big part of this, just as much as the bad management.

 

Tax payers can't pay every failing business out there and the auto makers have had YEARS to get their SH together.

It seems that every 30 years or so auto makers need to beg for money from the government...

 

Hmmm, I'm a little worried about the repercussions from this.

 

11 o'clock news said GM was going to file chapter 11 soon..

 

Well....then they don't need the bailout,right ?

 

I don't like the new ones, but i also own a 1951 Ford Victoria, so value will shoot way up! I hate to see the ones that started the car industry go out like that, but there's a first for everything. Oldsmobile went down already... and that was the end of us...