"Jim" wrote in message
...
Boater wrote:
Eisboch wrote:
"Tom Francis - SWSports" wrote in
message ...
On Mon, 17 Nov 2008 06:59:56 -0500, "Eisboch"
wrote:

Here's an idea for the bailout versus bankruptcy debate as options for
GM
(and possibly Ford and Chrysler)


Do both.

Agree to a government (taxpayer) financed cash infusion as part of the
reorganization plan in Chapter 11 bankruptcy.
On the other hand...

http://www.nytimes.com/2008/11/17/bu...hp&oref=slogin


That's an option and it does away with unions for the most part.

I'd like to see the American auto industry survive, even if it still
includes union contracts and workers.
But, the whole structure including products, management and union
relationships/contracts needs to be rewritten, using a blank sheet. The
bailout plus Chapter 11 concept takes those decisions out of the hands
of existing management and BOD's and puts them in the hands of the
bankrupcy court.

Eisboch



Obviously, the answer for America is to turn all workers into chattel.

Chattel of King Obama? What do you stand to gain? A job as Court Jester.

Unfortunately Boater is part of the problem in America these days.
Government makes a problem, then people vote for more government as they
have neither the self worth or self esteem to get off their asses and work.
Many hide behind Obama, others the UAW. It all amounts to the same thing.

Kennedy: What can you do for your country?
Obama: What can government do for you?

The later is a socialist statement if I ever heard it. Canadians know this
line well. In 5 years you will have a national sales tax, costs on
gasoline, alcohol, tobacco, luxury items like boats, government fees, income
taxes, property taxes, hidden taxes are all going to skyrocket to better
than 50% of your income. Even your internet and cell phones will double in
cost.

Think I am bluffing? Look north to Canada. Has already happened. And if
you think a monolithic health care service provided by the government is any
great shakes, my just found out she has a cist and hast to wait 6 months to
get it out.

Socialism is a disease.