This is a picture of the fat, bloated, archaic, out-dated, U.S. auto industry being propped up by U.S. citizens. It's a shame that they can't be allowed to fail. All those execs should be forced out and never be allowed to hold a any similar position. That should also include AIG and everyone in the banking industry at fault.
I don't see how the American auto industry is considered fat and bloated when they've all cut their workforce down by 85% over the past 15 to 20 years or so. Anyone hired in the last 5 to 10 years gets about the same pay as they would if they worked for Toyota or Honda. You get zero benefits until you work for several years. Nobody is making the insane wages that are being claimed and anyone making decent money is being shoved out the door as fast as possible.
The only real problem is that people stopped buying cars and not just American cars. Toyota or Honda aren't selling any cars either, not even their precious little hybrid cars that no one wants anymore since gas prices have fallen. In this economy, anyone who makes products that cost over 10 grand is going to be in trouble. Those are the things that people cut out first. They are willing to hold onto that car for a while longer after paying it off instead of trading it in and upgrading to the next model.
I really wish people would stop this nonsense. I've seen more stores and restaurants closing every day and yet somehow, everyone thinks that the auto industry caused their own collapse. They were doing just fine when everyone else was too but now no one is doing very well at all. It's not just them. Why are we not talking about the fat, bloated, archaic, out-dated electronics industry as Circuit City closes a ton of stores and files for bankruptcy? Where are the fat, bloated, archaic, out-dated coffee house industry stories and comments? * sigh *
If you don't want to spend your money to help the economy grow...that's fine, it's a free country. If you actually believe that the auto-industry wouldn't be in this mess no matter how they ran their companies...again, free country. If you think that the collapse of the auto-industry won't affect every American (and many, many others) in a terribly negative way...you have been grossly misinformed.
Sorry, I’m not trying to pick on you personally Walt. This is kind of directed at all of those who feel the way you do.
Circuit City isn't asking for 15 billion dollars to operate for 3 months.
And the unions continue to get fat and bloated, which is why they were so against GM filing chapter 11. They're afraid of losing their power and money, but good buddy Bush bailed them out, and the chosen one Obama will give them more next year. You can bet on that.
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This is a picture of the fat, bloated, archaic, out-dated, U.S. auto industry being propped up by U.S. citizens. It's a shame that they can't be allowed to fail. All those execs should be forced out and never be allowed to hold a any similar position. That should also include AIG and everyone in the banking industry at fault.
I don't see how the American auto industry is considered fat and bloated when they've all cut their workforce down by 85% over the past 15 to 20 years or so. Anyone hired in the last 5 to 10 years gets about the same pay as they would if they worked for Toyota or Honda. You get zero benefits until you work for several years. Nobody is making the insane wages that are being claimed and anyone making decent money is being shoved out the door as fast as possible.
The only real problem is that people stopped buying cars and not just American cars. Toyota or Honda aren't selling any cars either, not even their precious little hybrid cars that no one wants anymore since gas prices have fallen. In this economy, anyone who makes products that cost over 10 grand is going to be in trouble. Those are the things that people cut out first. They are willing to hold onto that car for a while longer after paying it off instead of trading it in and upgrading to the next model.
I really wish people would stop this nonsense. I've seen more stores and restaurants closing every day and yet somehow, everyone thinks that the auto industry caused their own collapse. They were doing just fine when everyone else was too but now no one is doing very well at all. It's not just them. Why are we not talking about the fat, bloated, archaic, out-dated electronics industry as Circuit City closes a ton of stores and files for bankruptcy? Where are the fat, bloated, archaic, out-dated coffee house industry stories and comments? * sigh *
If you don't want to spend your money to help the economy grow...that's fine, it's a free country. If you actually believe that the auto-industry wouldn't be in this mess no matter how they ran their companies...again, free country. If you think that the collapse of the auto-industry won't affect every American (and many, many others) in a terribly negative way...you have been grossly misinformed.
Sorry, I’m not trying to pick on you personally Walt. This is kind of directed at all of those who feel the way you do.
Circuit City isn't asking for 15 billion dollars to operate for 3 months.
And the unions continue to get fat and bloated, which is why they were so against GM filing chapter 11. They're afraid of losing their power and money, but good buddy Bush bailed them out, and the chosen one Obama will give them more next year. You can bet on that.