Auto industry bailout, I vote no....

Open and general public discussions about things outside of Lakewood.

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Steve Hoffert
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Joined: Wed Mar 30, 2005 1:37 pm
Location: Lakewood Ohio

Post by Steve Hoffert »

[quote="
Speaking of private jets, why isn’t everyone up in arms about movie stars or rock stars flying private? How much of that movie/concert ticket, DVD or CD that you buy goes toward their perks or to pay their millions? Yes they are the best at what they do, same as the CEO but in a different world.[/quote]

Apple and oranges. When a CEO makes a poor decision 60,000 saps get the pink slip, when a movie star makes a mistake they fade into oblivion affecting only themselves and the few unlucky parasites clinging to their sides.
Charlie Page
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Post by Charlie Page »

Not apples and oranges. Perks are perks and they all add to the cost of the products we buy from CD/DVDs to cars. The CEOs perks are a drop in the bucket compared to the perks the UAW receives.

So let’s take away the private jets of auto CEOs and top execs and reduce their productivity. Let’s reward bad decisions with more bad decisions and decrease efficiency an already inefficient industry.
I was going to sue her for defamation of character but then I realized I had no character – Charles Barkley
Missy Limkemann
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Post by Missy Limkemann »

Big movie stars are not running huge companies with a ton of people depending on them for their future. And there are some movie stars who actually turn around and donate their money to charity and do good with their fame. When is the last time you heard of some CEO going to some foreign country, some war torn country that is beyond poor to bring to light he "plight" of them (Ben Affleck doing that now....)? I would pay to see the CEO's of the big 3 go over there and "rough" it. OMG that would be hysterical. I just created the next reality show. Survivor CEO vs. Average.
And again if a big movie star fails, the world is not in danger of a depression, a million people are not in jeopardy of losing everything.

And what about this...the economy sucks, people are not buying new cars, people can't afford to buy cars, so let's raise taxes so now more people are hurting, and yet still can't buy cars. How does that help? Wont that put the Big 3 right back in this place next year or the year after? What exactly are they going to do with this money? What is the plan?
Time is precious, waste is wisely
Lynn Farris
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Post by Lynn Farris »

What bothers me about the Corporate Jet as well as the AIG shindigs and the AIG and Goldman Sachs bonuses for execs is the fact that they are completely out of touch with main street America and with PR.

When the Senators asked the Big 3 execs if they would sell their jets and fly back commercial, that should have been addressed as a closing question. I wanted to hear them say they would do whatever they could to save the jobs of their employees and if that would close the deal they would be happy to. Instead they looked like they were shocked.

When you are taking or asking for taxpayer's money, anything that seems excessive should be out. That would include luxury resorts and spas, corporate jets etc. The taxpayers want to believe that they are helping people that will use their money judiciously to save homes from foreclosures and to save employees jobs. They wouldn't have given their money to enrich top executives or give them perks.

Where was the PR people in these companies? This seems like common sense to me and they have all failed it. That doesn't mean that the workers don't need assistance or that we shouldn't have car companies that are US based.

JMHO
"Life is not measured by the number of breaths we take, but by the moments that take our breath away." ~ George Carlin
Jim DeVito
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Post by Jim DeVito »

In the end the just made too many craptastic cars for to long. You can not overcome 30 years of crap with a couple of good years that have yet to happen.

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David Lay
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Post by David Lay »

Or how about this: Get 100% of hybrid R&D backed by the government. Toyota did. http://is.gd/bdgG
New Website/Blog: dlayphoto.com
ryan costa
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drop

Post by ryan costa »

The executives and management of the big three have been under-performing their japanese and european competitors. Is this from having had a lack of compensation?

It is wrong to question the big threes' rights to maintain a small fleet of corporate aircraft. It is right to make fun of them for using it to ask for hand outs.

Japan has out competed the big three regardless of the sale of electric cars. Japan has out competed the big three with boring old internal combustion engines.

slap up 35 percent tariffs on auto imports and auto parts imports. allow foreign auto companies to lease excess production facilities from the big three or purchase minority ownership of the big three or both. the government can encourage uaw workers to settle for what honda of america workers in Ohio make.
"Is this flummery” — Archie Goodwin
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