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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.