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AIG: Geithner's Outraged? He Should Be Embarrassed

I'm with you...


On Mar 16 11:11 AM slowdown wrote:

> Oh no….Let’s not stop with the Treasury Department….where the hell
> is Corker, Shelby and the rest of the Republicans that were more
> interested in where the Auto Execs stayed, ate and how there got
> to DC then they were about working with us to save our jobs and economy.
> They were the first ones to call our Execs “bumbling idiots” and
> immediately targeted the labor contracts as being out of touch with
> the market. They demanded viability plans that included re-opening
> the contracts and forcing workers to take reductions, bondholders
> to take less and the UAW to take company stock instead of cash to
> fund their pension plan. Yeah…..I’m not buying this contract thing
> at all and I’m more than angry, frustrated and furious.
>
> I want those contracts reviewed and any that were written in the
> last 18 months declared null and void.
> I want all of those employees severed and brought back the next day
> as contract bundled services at 60% of their current salaries with
> no benefits. If Delphi Automotive can do it to their salaried employees
> and it’s legal….so can AIG…and take my word for it – they’ll take
> the jobs because there aren’t any replacement jobs available. If
> they don’t…I’ll be happy to jump ship from Automotive to Financial…I’m
> sure my degree and skill-sets are transferable and I have plenty
> of co-workers that would be willing or are free to join me.

GM: More Bailout-Worthy than Citigroup

Sell the Car companies to the Chinese or some other Foreign Power house. The American Banks are already being taken by foreigners and who do you think is Bailing out the US in it's bailout Bonanza? The answer, China, the Arabs and ... . With Chinese in charge, living standards of Main Street America will fall to a level that will permit American companies to be comptetive again. The problem is that the will owned by foreigners. Mr Grennspan please help us. You had it all figured out in the past.