Originally Posted by gpolakow
and how many billions of dollars in advertising do you think the industry spent so that Americans would want to drive those vehicles? Enough to bail them out a few times, I bet.
AND speaking of "those" vehicles (huge 8 MPG suv's): would it be to much to ask that that a SEVENTY THOUSAND DOLLAR vehicle have a reasonable anti- theft/tracking system--so it WOULD NOT be one of the most stolen vehicles in Amerika?!
If I had a f'n dollar for every Escalade theft report I've taken.....OK, I'll get off the soapbox now.
Originally Posted by gpolakow
....if the unions are greedy and self-seeking, it's because management was the model they had to follow. Just my opinion.
Yes, the "thug" unions were created to battle the "thug" management. It would appear that both "thugs" are no longer profitable in the automotive market of today. Wonder if the relationship between workers and mangement at Toyota has ANYTHING to do with them being the world's largest auto company?
You don't suppose we could learn SOMETHING, do you?!
Originally Posted by GolfGuy
....Fact is one of the worst offenders IMHO is the Teachers unions. They hold our children hostage to get what they want! And it works...we always give in!....Heading for cover! I hear incoming!
Bob, I say HOLD your ground! Cause you're right. Using LAUSD as an example: in the last 8 years or so, the administration (worthless hacks) has increased by 20%! But, you still hear radio commercials at every election pimping ANOTHER school bond measure. Don't worry, I'm sure the school district will need to be bailed out soon, also!
Originally Posted by joegottberg
So if the "Bailout" option is chosen, we will fire the current managers and attract the best turnaround talent by limiting their compensation
....Perhaps a "Ministry of GM" could be cabinet level in the BO adminstration?....Even if you did recruit the high level talent needed, all of the big 3 still have the same economic disadvantage. It is labor cost / hr....Make the tiny cars, make the hybrids, make the sexy fun cars, etc, etc. In any business enterprise, if your competitor has a significant competitive advantage, they will win. We taxpayers will hold worthless Big 3 paper, spend Billions, and they fail anyway....Sell the companies, fire everyone, hire back the ones you need to run the business at a competitive rate and treat it like a business. The industry was too fat for too long, everyone got their "piece of pie" and the Japanese came over and kicked their butts! We can't throw money at it, can't put tariffs on the Japanese cars (Made in the USA by the way) they have to change the cost structure....
My conclusion, also. Unless we completely and radically change the business model of the big three, we're just throwing taxpayer bling down a black hole. Because you're not addressing the root cause of the problem. AND which highly qualified
big government czar (worthless hack) would oversee this radical change?
Originally Posted by Allred
....It irks me every time I see news about GM's new Camaro, or Chrysler's re-birthing of their old muscle car too. Ford is not any better....
Don't forget about the 620HP Corvette!
Well I'm sure GM will sell enough of those monsters to bring 'em back.
What makes these times interesting is that so many people do not have the intestinal fortitude to make the tough decisions--and stand their ground. Just a few days ago, Obama was talking about the pain we will have to endure to get through this extreme economic adjustment. Well with a suggested $50 billion pork-out of the auto industry, the pain may be never ending!
Originally Posted by RonKMiller
....This shouldn't even be an argument simply because of the way the numbers stack up."....
Ron, we need to look at the big picture, and not be so myopic. If these outdated, archaic auto companies do not radically change the way they do business, the root cause of the problem will not be addressed. If the root causes of the problems are not addressed, what's to keep them from failing again in the near future....on the taxpayer's bling?!
The only way to radically change the way they do business is to do a chapter 11 bankruptcy, burn it all down, and start over again from scratch.