I see the bailout in different ways. 1. Gm, Ford, Xsler have treated many suppliers very poorly....as you sow you will also reap....Very true in the business world.
2. The employees of the the big 3 have a very concieted attitude that "my career comes before the good of the company" This attitude is very real and ALL employees have the (in it for me only) idea. I am talking all Executives, managers, salaried, hourly. The bonuses must stop for all too......I am talking about stock options, company cars, health insurance bonuses etc.
3. The reason congress and Bush are reluctant to give taxpayer money is that waste and inefficiency have run all 3 of the companies for decades. (I am not saying that the US federal gov. is run like a swiss watch either)
4. IF the CEO's want money to stay afloat then front up a salary reduction plan for all employed there and then the US public will be more forgiving.
5. The 3 say "buy American" yet they run over to China to get parts made to save pennies, while getting high salaries.
6. The 3 should be given money to stay a float, as a loan only, or a credit line. I would like to X-sler dropped off and the Jeep line bought up by Gm or Ford. Dodge trucks could stay on board and be sold to AM general or something.
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Today's Featured Article - Tractor Implements and Their Use - by Curtis Von Fange. Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he reached his early sixties
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