The Big Three - 30 years of denial

Interesting it seems like we haven't learned from our past mistakes.

 

Here is some info on that author.

http://en.wikipedia.org/wiki/James_Traficant

He gets out next year.

 

Lee Iacocca spent much of his automotive career at Ford, before Henry Jr. fired him. He then went to Chrysler.

 

Yep,another real patriot railroaded for speaking out. At least they didn't get Congressman Loius T McFadden for basically saying the same thing in the 1930's.

http://www.geocities.com/Heartland/7006/mcfadden-frb.html

 

If Toyota or Honda was there asking for help, they would get it easily. That's the way our government system seems to work these days.

The American car companies are NOT asking for a "Bailout", they are just trying to get a loan that will be paid back with interest. The financial wizards are the ones who are to blame for the credit crisis that has caused the situation for the Big 3.

 

Here's a new message of confidence from "The Fed" corporation.

http://news.mobile.msn.com/en-us/articles.aspx?afid=1&aid=27806827

 

How are they/we the tax payer who are paying for this loan going to get paid back with interest when they no longer exist?? The $20,000 private jet flight is a perfect example of their in ability to make good decisions and they just don't get it.

 

Instead of flying on private jetsou: , they should have set an example and DRIVEN one of their new hybrid cars to DC!:beers2:

 

Clearly their each flying in on private jets was the final straw in determining their chance of getting any money.

If there was ever a time for a road trip, that was it. :3gears:
(If they could agree on what make car to take that is.)

Even though it was written in the early 70's, I think much of what John
DeLorean wrote in his book, On a Clear Day you can See General Motors
still holds true today.

:spank:

 

This was lifted from another post on another website but all too true.

 

The democraps are stalling it till next year so they can push all the repubs away and vote on it.

 

someone probably has already raised this issue but where will the u.s. military hardware be produced if the big 3 fail. how soon people forget the planes, jepps, etc., produce by the big 3 !! has that been mentioned in these hearings?

 

Where everything else..CHiNa!!

 

So if Rick Wagoner who makes 5000/hr (for sake of conversation (12mil/2080 hrs a year)) would have drove to DC versus flying a private jet, then he would have been criticized for wasting money and not being efficent.

 

You know me - I like to comment on this.

Those three mutton-heads proved a point with their private jets many of us have been stating for years. The decision making at the "Not So Big 3" is piss-poor and has been for years. What a bunch of dolts. :spank:

 

10 points for whoever it was that said :




"let the oil companies bail out the big 3"












.

 

If the oil companies thought it was a good risk they would, however, since its a bad risk, the politicians will do it with our money.

 

We still produce things in this country? o No: