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#1
posted to rec.boats
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Bridge loan to nowhere..
http://online.wsj.com/article/SB1228...s_opinion_main
Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. -- "Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats." H. L. Mencken |
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#2
posted to rec.boats
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Bridge loan to nowhere..
Tom Francis - SWSports wrote:
http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. |
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#3
posted to rec.boats
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Bridge loan to nowhere..
On Sat, 06 Dec 2008 07:22:04 -0500, Boater
wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? -- "Far better it is to dare mighty things, to win glorious triumphs even though checkered by failure, than to rank with those poor spirits who neither enjoy nor suffer much because they live in the gray twilight that knows neither victory nor defeat." Theodore Roosevelt |
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#4
posted to rec.boats
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Bridge loan to nowhere..
On Dec 6, 7:17*am, Tom Francis - SWSports
wrote: On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...?mod=rss_opini.... Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? Now that IS a very interesting quesiton. As the ship sinks what do the rats do? |
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#5
posted to rec.boats
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Bridge loan to nowhere..
Tom Francis - SWSports wrote:
On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? UAW members elect their leadership. |
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#6
posted to rec.boats
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Bridge loan to nowhere..
Boater wrote:
Tom Francis - SWSports wrote: On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? UAW members elect their leadership. Stupid is as stupid does. Maybe they should have hired professional managers. |
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#7
posted to rec.boats
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Bridge loan to nowhere..
BAR wrote:
Boater wrote: Tom Francis - SWSports wrote: On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? UAW members elect their leadership. Stupid is as stupid does. Maybe they should have hired professional managers. You mean, like the guys who ruin, er, run, corporate america's banks and brokerage houses? |
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#8
posted to rec.boats
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Bridge loan to nowhere..
On Sat, 06 Dec 2008 08:30:32 -0500, Boater
wrote: Tom Francis - SWSports wrote: On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? UAW members elect their leadership. I'll ask that again - when is the UAW going to fire their Executives? -- Happy Holidays and Merry Whatever It Is That ****es Liberals Off. |
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#9
posted to rec.boats
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Bridge loan to nowhere..
"Boater" wrote in message ... Tom Francis - SWSports wrote: On Sat, 06 Dec 2008 07:22:04 -0500, Boater wrote: Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. Yeah, yeah, yeah, blah, blah, blah... By the way, when is the UAW going to fire it's Executives for getting them in this mess to begin with? UAW members elect their leadership. They could take out personal loans and bail GM out themselves. And at $2.5 billion market cap, heck, buy them out. No need for main street to put them on welfare. Besides, if GM goes down outright, Ford and Chysler ar bound to do better and lay off less people as they will benefit by getting more "Detroit" customers than if GM became Government Motors. I am a capitalist, while free money for companies sounds good, so does a deal with the devil. But I avoid such deals as it means the company is poision to everything it touches. GM needs chapter 11 to clean up what is wrong with it. And starting with the board and CEO, they need a firing real bad. It also sends a message to the UAW, yes, your idiot demands can screw you out of work. Americans should be insulted that they even suggest a handout. But that is the problem with socialism, once one gets it they all want it. It does not take long before every mismanaged company is lined up like thieves. And when no one is working to pay the taxes it collapses. I do agree with bailing out banks, but the terms are that shareholders, bond holders and management walks away without a cent. They become government owned and issured for above board regular depositors only. No bail outs of share holders, preferred shares, bond holders or management. The government does have to back the currency. That way share holders will be more careful in picking a good board and good executive managment next time. |
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#10
posted to rec.boats
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Bridge loan to nowhere..
"Boater" wrote in message ... Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...s_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Wall street brokerage house and bankers... Bankrupt them, downsize them, get rid of all management, and then blow up their buildings. No golden parachutes. Oh...and in all publicly traded corporations, no executive earnings to exceed 10 times the earnings of the average employee. I'd vote for that. I can't believe the compensation some of those CEOs get while the companies they run are into the dirt. |
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