Culprits Of The Collapse
James Gattuso discusses who is to blame for the failures of General Motors on CNN’s Anderson Cooper 360.
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The biggest thing he did wrong was to not FIRE every one of the UAW blood suckers, replace them all with non-union workers at 50cents on the dollar (which the big 3 could all do in a heartbeat).
But, the media would have painted them all as horrible scrooges, the union parasites would have striked and chained themselves to the factory and whined about how indispensable their lazy asses are.
Well, they're all going bankrupt now, thanks largely to the billions the UAW extorted over the decades.
bailout is a lost cause….the inevitable will happen
they will just burn through the money in a couple of months
THEN WHAT ???
No problem. American manufacturing was good at one time and everyone prospered. This is a sad state we are in and I would really like to see heads roll, ya know. Americans are getting royally f#@ked
FluxCapacitor2008-My statement said nothing about bringing down wages. My frustration lies with the greed of CEO's and corporate executives who have no sense of economic patriotism to this country.
The insult was uncalled for.
why does the citizens of america have to put up money and suffer when some CEO made bad decisions?
Well said
I think it is a commonly held lie that the reason the auto industry in the US was failing is because they didn't make "fuel efficent" cars. It is a lie because the cars they make and have been making are as efficent as those made by other companies.
Also the market for powerful cars like truck and SUV has been strong with only minor dips during high gas prices times.
This bias is a liberal environmentalist bias and is a commonly repeated lie by the liberal media.
Chuck Schumer…. What a disgrace.
As far as I'm concern these jack asses are THE cause of the problems for the last 10 years.
energy>the war>the economy>the enviorment
They had 30 years to get their sh#t together..they drag everyone else down because of their stupidity…and never face any consequences.
K mart will be next.
BTW Chuck Schumer is a left wing leech!
GM workers get $70-80 per hour, benefits, 401K, retirement, stock options, 21/2 months off every year 95% paid vacation. CEO's get huge salarys, multimillion dollar bonuses and lavish perks. Even if GM goes under the workers still get paid full salary for 4 years.