DEEKAYPEE8569
Well-Known Member
.....wonder what they'll do to sell some automobiles NOW, huh?
.....wonder what they'll do to sell some automobiles NOW, huh?
:shrug: My Focus gets 35 MPG. That's pretty darn good. Cost less than $12K. Sounds pretty affordable to me.Well, they COULD try making cars that get really really really good gas mileage, and then sell it at an affordable price.
That would be my first instinct, were I them.
Well, they COULD try making cars that get really really really good gas mileage, and then sell it at an affordable price.
I wasn't really paying attention, but didn't someone ask the auto big wigs to raise their hands if they were willing to give up such and such (didn't hear exactly what it was) but no one did? Why should we bail them out if they are not willing to cut back on "their spending" ?
Hard to beg for a bailout convincingly when you fly to the hearing in a private jet, lols.
"There is a delicious irony in seeing private luxury jets flying into Washington, D.C., and people coming off of them with tin cups in their hand, saying that they're going to be trimming down and streamlining their businesses," Rep. Gary Ackerman, D-New York, told the chief executive officers of Ford, Chrysler and General Motors at a hearing of the House Financial Services Committee.
"It's almost like seeing a guy show up at the soup kitchen in high hat and tuxedo. It kind of makes you a little bit suspicious."
He added, "couldn't you all have downgraded to first class or jet-pooled or something to get here? It would have at least sent a message that you do get it."
And forego a day at the spa?I sure wish they'd give that same speech to AIG...
But you know they will not trim money from the top, it will start at the bottom with layoffs.
Did you think about the outcome if this happens? Let's see, 3 majors fold. Millions out of work and that's just the auto industry, unemployment and they will get unemployment checks. Taxes have to go up to cover that. So those of us still working will be paying more taxes. Auto parts industry has to make cuts. More unemployment. Truckers are not hauling cars and parts anymore. More unemployment. People make stupid statements and don't think about the consequences......wonder what they'll do to sell some automobiles NOW, huh?
Listening to the news last night, they asked one of the big wigs if he was willing to cut his payroll and work for $1.00. His reply was that last year he made $2.0 MIL and already cut his figure in half. But then it was reported that he raked in about 18.0Mil in bonuses. When they asked if he was willing to work for the 1.00 he said, I am fine right where I am at.
My personall opinion, don't bail them out, they just don't understand it, it has been way to long since they lived the normal life that alot of us are having to live here in SOMD. Everyday I go to work for a small business wondering if I am going to have a job when I walk through the door that day.
------------------------------------------------------Did you think about the outcome if this happens?
I understand your thought but its not the bigwigs that get hurt its us little guys that work for them and are giving cars away and not able to feed our families here in good ole smd