Quote:
Originally Posted by SpeakEasy
Splum the execs of GN basically bankrupted the company all the while made themselves rich. Then the govt gave them boatloads of money to "Hopefully" stay alive, reorganize and grow to a profitable business that employees thousand and thousands of people and also creates jobs for other industries at the same time that they need by doing biz with them like steal companies, tire companies etc..... So by Obama givint GM monet other than letting them close up shop we sure as hell can fire the dead weight that caused the companies demise.  |
You have got it all wrong, these companies didnt fail because of the leadership of a few people they failed because of their social policies towards workers and unions. You cannot be competitive when you are paying your workers 4 times as much as foreign car companies. This guy would have been burned at the stake had he suggest a 75% pay cut for GM workers. One man leaving GM is not going to save it, public money will not save it either, only shedding of jobs will save it. Why arent you mad at Obama for giving YOUR money to failed businesses?