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  • Wall Street Breakfast: Must-Know News [View article]
    Bailing out the auto industry with $25--$50--$100 Billion will accomplish "exactly what"?
    Will the management that created this mess be replaced?
    Will the union contracts be changed to "similar to" Toyota/Honda wages/benefits?
    Will the unfunded pensions/healthcare benefits disappear?
    Will the ongoing Delphi Billions be waived?
    Will quality of cars be re-engineered?
    Will shoddy QC be ended?
    Will sloppy & inefficient work rules be no longer tolerated?
    And finally, will consumers buy their cars any more than they have been over the past several years????????

    I think we all know the answers:
    Management will continue to be rewarded financially..........
    Dividends will remain in place and paid..............
    Union jobs will continue to be "bought out" @ $150-$250K ..........
    Labor costs will remain highest in history for any mfg.............
    And finally, the INEVITABLE WILL SIMPLY BE DEFERRED AT THE TAXPAYERS EXPENSE...........

    Washington doesn't understand that AMERICA IS BANKRUPT!!!!!!!!!!
    Congress just doesn't get it..............
    Nov 10 08:16 am |Rating: +6 -1 |Link to Comment
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