Big 3 are Gold Diggers

Now the automakers are wanting $34 million to make sure they don't go bankrupt. There's talk of a "car czar" or "committee" to oversee the industry (i.e. FAA). If they need that much now, why are they going to be solvent with a loan. Isn't that what got us to this position in the first place ???? I'm not making money, so get a loan and then that will make it work??? Last time I checked it's a bad, bad idea to take a loan to pay bills when your bills are higher than your income.

Does anyone think they need to rethink/restructure how they do business?? I don't want anyone to lose their jobs, but if the unions and automakers can't reach a deal to stay in business, then I believe Ch 11 and restructuring IS the solution. A loan is like bailing out a flooded oceanliner with a tea spoon.

The Financial Bailout isn't all that hot -- it's losing value daily and the banks are cutting credit limits and keeping money close to the vest. Not saying that's bad, but it didn't do what everyone said it would do - which was open up the credit markets. Now, another industry wants $$. I say get rid of the mgmt teams -- and hire the teams from Hyundai, Kia, Toyota, or Nissan to help them right our ships. They seem to be able to remain profitable in the auto industry despite the global downturn.

Ugh . . . let's just all not pay taxes and then they'll have no money to spend poorly!! :)
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Now playing: Kanye West - Gold Digger
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