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January 15, 2009

GM CEO's Got a Fever, and the Only Prescription is More Bailout Cowbell!

They've barely begun on talks to reduce wages and untangle the anti-productivity Gordian knot of work-rules, but already the GM CEO is asking for more bailout money. (Second item.)

And a Democratic bill is being circulated which would get rid of the original terms of the loan, easing the requirement of lowering wages and so forth. Thus insuring the company will never be solvent and never without its hand in our pockets.

Get rid of them. Gone. Good-bye.

Seems to me Ford would be healthier if GM and Chrysler shutter their factories. I'd rather have one solvent car company than three state-subsidized ones.

posted by Ace at 12:25 PM

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And a Democratic bill is being circulated which would get rid of the original terms of the loan, easing the requirement of lowering wages and so forth. Thus insuring the company will never be solvent and never without its hand in our pockets. Get rid of them. Gone. Good-bye. Seems to me Ford would be healthier if GM and Chrysler shutter their factories. I'd rather have one solvent car company than three state-subsidized ones. posted by Ace at 12:25 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments Decaf: "Reminds of a story my brother, a historian, told m ..." Tim "Born to Kill" Walz: "Trump is Micheal Myers !!!!!!!!!!!!!!!!!!!!!!!!!!! ..." Xipe Totec: "The most pathetic Ford evah! The ALL NEW, Piece of ..." ...: "I think it has helped them quite a bit, for decade ..." 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