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#1
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posted to rec.boats
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D.Duck wrote:
"Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? |
#2
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posted to rec.boats
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![]() "Boater" wrote in message ... D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? Yes, whatever it takes, if a company is in the same condition as the auto makers. |
#3
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posted to rec.boats
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On Sat, 06 Dec 2008 08:43:59 -0500, Boater wrote:
D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? You thinking Obama's going to run the government out of business? -- John H. |
#4
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posted to rec.boats
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JohnH wrote:
On Sat, 06 Dec 2008 08:43:59 -0500, Boater wrote: D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? You thinking Obama's going to run the government out of business? Arnold's done it to California. |
#5
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posted to rec.boats
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![]() "JohnH" wrote in message ... On Sat, 06 Dec 2008 08:43:59 -0500, Boater wrote: D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? You thinking Obama's going to run the government out of business? -- John H. I do. Literally and figuratively. Obama may try bail out and free money, but it will fail. Government is ignoring some pretty obvious problems and solutions, because no one wants to hear it. |
#6
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posted to rec.boats
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![]() "Boater" wrote in message ... D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? ...and make retired CEOs pay back some of their ill gotten gains. |
#7
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posted to rec.boats
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On Dec 6, 7:43*am, Boater wrote:
D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. *Ford, yes, and a much smaller and different GM. Exactly. * Chrysler hired an outside bankruptcy law firm yesterday. *They are preparing for the inevitable. GM needs to replace Wagoner. *He is so out of touch with reality that he can't *be in charge of reorganizing. The Ford guy *(ex-Boeing) *seems to be a little more pro-active and may be ok. *He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford *or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? "Cut" I don't know, but a lot of things can be put into a more fair perspective. |
#8
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posted to rec.boats
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![]() "Boater" wrote in message ... D.Duck wrote: "Boater" wrote in message ... Eisboch wrote: wrote in message ... On Sat, 06 Dec 2008 07:14:20 -0500, Tom Francis - SWSports wrote: http://online.wsj.com/article/SB1228...28184421.html? mod=rss_opinion_main Bankrupt them, downsize them, get rid of the onerous contracts and merge Chrysler with Ford. No bail out. Personally, I can't see Chrysler surviving. Ford, yes, and a much smaller and different GM. Exactly. Chrysler hired an outside bankruptcy law firm yesterday. They are preparing for the inevitable. GM needs to replace Wagoner. He is so out of touch with reality that he can't be in charge of reorganizing. The Ford guy (ex-Boeing) seems to be a little more pro-active and may be ok. He's only been there for two years and has already made some serious changes to Ford's overall business structure. Eisboch Sorry, but if we can bail out the useless pushers of paper on wall street and get absolutely nothing in return, we can help the millions of real working Americans whose jobs depend on the domestic auto industry. I don't buy into the concept that bankruptcy reorganization will work for Chrysler, Ford or GM. You just want to see what some bankruptcy judge would do to union contracts. We're in dire straits in this country. Everyone has to sacrifice, and if that means nulling and voiding contracts, let's also cut the pension and healthcare benefits of civilian and military retirees. Right? Don't worry, I think you will eventually see exactly that. Keep in mind government revenues are going down in this, further increasing debt. Since the government is quite litterly putting this on printing money credit, it is debt on the currency, at some point this will crash the dollar and breed hyper-inflation. Government has yet to realize you can't pay debt with more debt to get out of a hole. That practice means a deaper hole. I think government actually wants inflation thinking if a home inflates faster than deflation pressures that somehow the banks will not collapse further. But I think they are on a fools errand. |
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