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  • Wall Street Breakfast: Must-Know News [View article]
    Earth-to-Congress: AUTO BAILOUT/LOAN

    Separate the 3 auto manufacurers into "Individual Entities", each supplying a proposal and business plan for Breakeven & Profitabilty. EACH FIRM will actually be applying for a loan, and be accepted/rejected based upon its own merits.
    Congress will then have placed the three in competition with each other, not only for government funds, but for survival. Competition.........wh... a novel idea in an entitlement world of Detroit!
    The UAW will have to submit its own plan confirming any/all concessions the auto makers incorporate into their plans, and further commit to reasonable bargaining over the next three-to-five years while the industry recovers..........
    Congress will not only effectively have removed the "gun-from-their-head", but can expect detailed input upon which a proper funding decision can be made............ Also, there will be detailed proof that "One-fails--All fails" is BOGUS!!!!!!!!
    Amazing -- Congress actually can show the proper Loan Application Process for all to see and copy..............
    THINK OUT OF THE BOX FOR TAXPAYERS SAKE!!!!!!!
    Nov 21 08:07 am |Rating: +3 0 |Link to Comment
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