Remember how, a couple weeks ago, the CEOs of the Big Three in Detroit got their asses handed to them by Congress when they showed up to beg for a government bailout – having flown there on private jets?
Yeah, well it seems to have cost them more than just the government money. Public support for a government bailout of Detroit has fallen drastically since before their first D.C. appearance, so the CEOs showed up again this week – in hybrid vehicles, which they’d driven to D.C. from Detroit. All three CEOs promised to cut their yearly salaries to $1/year if they get the bailout, and they say they’re in the process of selling their private corporate jets.
What do you think?
Should the government bail out the Big Three?
Yes, but first they should make all of them get out of the small hybrid car again with clown costumes on.
Ahhh, the nasty smell of humility. Will the bailout help or hurt the economy?? If we do not, unfortunately, we are all in foar a rough couple of years. Desperate.
my question is, if they’re so hard up for cash, why don’t they work for a $1 now? why is that dependent on bailout? doesn’t make any sense to my little pea brain.
you know, the music industry was the first to die, and nobody bailed them out. i’ve got friends who have been unemployed since last year. the publishing industry experienced “Black Wednesday” yesterday–where’s their bailout? what makes the big three any more important?
i say kill ’em all…let the free market sort ’em out.
Absolutely not.
The only reason they drove in hybrids was because they got their hands slapped. NOW they’re gonna take $1 for a salary? They really don’t need the money because in previous years they made MILLIONS. Millions. They should have done something to save their companies years ago. Greedy pigs.
Give them 3 DVDs of the movie “Who Killed the Electric Car” and a letter that says “GO FUCK YOURSELF!” It would be a perfect world if this could happen…The world wont end, itll all sort itself out…
I agree that the CEOs are greedy pigs but the point is without the bailout millions and millions of workers will lose their jobs. The entire economy of michigan is based on the big three and its obvious when you look at how much the state is suffering. Its not only the workers of the big three who will lose their jobs, companies who supply these three will be out of business when their main buyers go under. Not to mention the retirees who worked their who lives for these companies, only to be cut off if the companies go bankrupt.
whole*
hahha maddog
the whole thing is such a sticky situation…
I have to agree with heyhey.
I think they should make the bailout contingent on the CEO’s selling their mansions and luxury cars and moving to trailer parks and driving Yugos until they have re-paid all of the money out of their own pockets. Yeah, that would be sweet.
Stephen Spruiell wrote this article about the UAW,
after reading it, I didn’t feel too bad about the workers losing their jobs.
http://article.nationalreview.com/?q=YTk5MDU1OTJlMWI5MWZiYjMyNzg3ZWNiZTk0YjRhNGM=
no no no no no no no no no no no no no no no no no nooooooo!
agree w/ heyhey
if the big 3 bankrupt, millions of ppl will lose their jobs, and it’s not like airline companies where even if they file bankruptcy ppl still fly in them. no one’s gonna buy cars from companies that already bankrupted…
so more money 4 the japs
Fcuk them and the unions they rode in on. $1 per year salary means nothing. What about bonuses, stock options, ‘performance bonuses’ (sell 1 car per year, receive $10 million), etc. Anybody with even a small amount of knowledge about how Big Biz works knows that the higher up you go, the less your take home pay depends on salary.
Also, don’t just cut the salaries of the CEOs, cut them for ALL executives. NO ONE gets more than $1 million. I could go on and on but three men agreeing to $1 a year and selling corporate jets means very little.
The unions? I don’t want my tax dollars subsidizing their ridiculous contracts.
Also, for $25 billion plus, I don’t want a stake in three worthless companies.
I’d like to see the footage of this road trip. No. No film?
Then have them do it again using ONE hybird wearing nothing but potatoes sacks and wooden barrels with tin cans made of recycled materials, all made in America by the blind.
maddog, that’s just silly – they’re not gonna watch the movie if we say “go fuck yourself” beforehand. these things are all a question of *timing*.
other than that, i’m all for the clown car idea.
agree with heyhey. three to five million will be out of work without these bridge loans, and that’s just for starters. I would be one of them, and my husband is disabled (though he doesn’t collect because we were able to cut way back and I do the supporting). So, just in my case, it will cost everyone in his disability, our food stamsps, state health care, unemployment, probably lose the crappy little house we pay for, etc. Then there’s the millions of retirees who will go on the public dole for medical. By the way, how did the senators get to Washington DC? Did Nancy Pukelosi drive from CA? What salary cuts are they taking since our entire economy is in the tank?
no. fuck no. when will it stop? next it will be the airlines. fuck no.