Quote:
Originally Posted by fbodfather
oooooooooooooookay.........
Now --
I have a question:
Have you read about the current state of affairs in this country?
Have you looked at what's going on in the financial community?
GMAC and Chrysler financial cannot raise the funds they need to finance everyone that wants to get financing.......
Go do the math on a $30,000 loan over 5 years -- what the carrying costs are --
I understand your frustration --
And your statement:
QUOTE: LESS TAXPAYER MONEY TO BAIL OUT BIG WIGS THAT RAN THEIR COMPANY INTO THE GROUND BUT STILL GET THEIR MILLIONS IN BONUSES UNQUOTE......
GM is not getting free money from the Government - it is a loan that will be repaid with a substantial amount of interest. (not zero percent!) That is UNLIKE the aid that was given to foreign manufacturers in the State of Alabama by Sen. Richard Shelby....that does not require a payback......
Further, no one at GM is getting 'bonuses' -- and in fact, no one has for a few years. What IS true is that as people are let go, they are getting next to nothing...no matter how long they worked for the company -....I have watched thousands as they are let go - they worked hard and they got caught in the cross-fire. I know of more than one person who, like me, spent weekends with our enthusiasts -- and lived/ate/breathed GM........it's horrible!
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The UAW should have thought about that 20 years ago while they were slowly suffocating GM and had time to renegotiate to allow the company to reorganize properly. Now...they'll have nothing. You shouldn't feel so sorry for the workers if GM files for Chapter 11 because they had direct control over who was appointed to the UAW, but they too, became greedy. Now on the verge of losing everything, they want to negotiate...after the fact...GM on the fringe. Compassion is a limited commodity most of us use sparingly with GM and the UAW, especially when pity is the fuel it runs on. You know what is ironic too? The unions supported Barack Obama, and what Obama is doing is trying to stop the bleeding for the nation after you and I have bled too much to save GM from itself. We know how those workers are voting come next term.
I'm not in favor of anybody losing their jobs or being "caught in the cross-fire." The workers had the power to do what was right, but the UAW kept milking the golden cow (GM). What do you expect taxpayers to honestly think, fbod? Seriously.