Cuteguy65

Mitt Romney's NY Times Op-Ed On the Automakers: Dead On

I agree with Romney 100% ! To bail out the auto industry is throwing money into the fire. The American people deserve better. I do not trust those expensively paid executives to do the ring thing after they arrive in DC to plead for money in their private jets ! The US auto industry needs an overhaul and a turnaround in their management and R&D. Too long they did protectionist efforts to bloc envoirnmental issues than to improve their product. My sympathy goes to the labor who has diligently work hard in their jobs and those who retired should be given protection from this downturn. If the money is going to the workers and their retirement fund, I would support it. However to give money to those fat cat executives, who cannot even give agood show of being in need, I would object even one penny. They are the ones who ran the company to the ground. No kudos to them.


On Nov 20 12:16 PM Jeff B. wrote:

> I read the article, and while I disagree often with Romney on many
> political issues, I think he is 100% correct here. Some of the posts
> here show that labor is in just as much denial as the auto execs
> themselves. For the industry to survive there will have to be huge
> changes -- no tthe itty bitty weak kinds of changes we've seen from
> Detroit (both labor and management). The UAW and the big three need
> to decide this: Are the going to fly off into the sunset of bankrupcy
> in their private jets, or are they willing to make the kind of sacrifices
> needed to save the auto industry? IN the final analysis, it is the
> market that decides what a car is worth, and whether to buy it or
> not. Not GM, Ford, Chrysler, UAW, or Congress. The market has been
> voting "No" to these domestic cars in greater numbers every year.
> I wan tus to have an auto industry in ten years. Stop whining and
> start fixing. Anybody want to buy a slightly used private jet?