On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:


"D.Duck" wrote in message
m...


My hope is that the GM/Ford/Chrysler problems are resolved (if resolvable)
in bankruptcy, not throwing more tax payer dollars at them.


Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry needs to
do right now. Revise business plans, products and re-negotiate the union
contracts under the watchful eye of a bankruptcy judge.

Handing them a pile of taxpayer money, calling it a government "investment"
just to keep them in business under their current organizational structures
won't do a damn thing.

I agree.

Tom Francis - SWSports wrote:
On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:

"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if resolvable)
in bankruptcy, not throwing more tax payer dollars at them.

Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry needs to
do right now. Revise business plans, products and re-negotiate the union
contracts under the watchful eye of a bankruptcy judge.

Handing them a pile of taxpayer money, calling it a government "investment"
just to keep them in business under their current organizational structures
won't do a damn thing.

I agree.


I think the bailouts should be stopped dead until the Bush
Administration reveals who has gotten every dollar handed out so far.

Boater wrote:
Tom Francis - SWSports wrote:
On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:

"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at them.

Duck, I couldn't agree with you more. Chapter 11 isn't permanent.
It allows for "reorganization" which is exactly what the auto
industry needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a
bankruptcy judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.

I agree.


I think the bailouts should be stopped dead until the Bush
Administration reveals who has gotten every dollar handed out so far.

For once you have a good idea. If the unions are requires to make public
their business expenses and employee salaries, so should the government
when they hand out gobs of money to poorly managed businesses.

Boater wrote:


I think the bailouts should be stopped dead until the Bush Administration
reveals who has gotten every dollar handed out so far.


I agree with you. I am not sure where the problem lies. We were supposed
to have an oversight report issued to the public by now, as required by the
Congress written and passed legislation on this bailout package.

Problem is, they haven't appointed anyone to the oversight position yet.

I don't blame Bush singularly. The whole stinking pile of incompetents in
Wash DC should be tarred and feathered.

Eisboch

Eisboch wrote:
Boater wrote:

I think the bailouts should be stopped dead until the Bush Administration
reveals who has gotten every dollar handed out so far.


I agree with you. I am not sure where the problem lies. We were supposed
to have an oversight report issued to the public by now, as required by the
Congress written and passed legislation on this bailout package.

Problem is, they haven't appointed anyone to the oversight position yet.

I don't blame Bush singularly. The whole stinking pile of incompetents in
Wash DC should be tarred and feathered.

Eisboch


Here here. Let's do it.

"Boater" wrote in message
...
Tom Francis - SWSports wrote:
On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:

"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at them.

Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry
needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a bankruptcy
judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.

I agree.


I think the bailouts should be stopped dead until the Bush Administration
reveals who has gotten every dollar handed out so far.

I am sure at this point, Obama is aware of the spending. Last I heard he
supports it.

On Thu, 13 Nov 2008 11:38:58 +0000, Tom Francis - SWSports wrote:

On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:


"D.Duck" wrote in message
om...


My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at
them.


Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry
needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a bankruptcy
judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.

I agree.

Tough call. I don't like these bailouts, but can we afford not to? In
this country, 1 in 10 jobs are connected to the auto industry. If the
auto companies fail, we're talking depression, not recession. All of
this, could get real scary, real quick.

wrote:
On Thu, 13 Nov 2008 11:38:58 +0000, Tom Francis - SWSports wrote:

On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:


"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at
them.


Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry
needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a bankruptcy
judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.
I agree.

Tough call. I don't like these bailouts, but can we afford not to? In
this country, 1 in 10 jobs are connected to the auto industry. If the
auto companies fail, we're talking depression, not recession. All of
this, could get real scary, real quick.

Busting the unions should be a requisite part of any bailout plan.
Otherwise they will be back again in a few years looking for another
handout. It's time we earn from our mistakes and stop repeating them.

Jim wrote:
wrote:
On Thu, 13 Nov 2008 11:38:58 +0000, Tom Francis - SWSports wrote:

On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:


"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at
them.


Duck, I couldn't agree with you more. Chapter 11 isn't permanent. It
allows for "reorganization" which is exactly what the auto industry
needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a bankruptcy
judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.
I agree.

Tough call. I don't like these bailouts, but can we afford not to? In
this country, 1 in 10 jobs are connected to the auto industry. If the
auto companies fail, we're talking depression, not recession. All of
this, could get real scary, real quick.

Busting the unions should be a requisite part of any bailout plan.
Otherwise they will be back again in a few years looking for another
handout. It's time we earn from our mistakes and stop repeating them.


This from a guy whose career highlight was cleaning the heads aboard a
navy ship?

Boater wrote:
Jim wrote:
wrote:
On Thu, 13 Nov 2008 11:38:58 +0000, Tom Francis - SWSports wrote:

On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:


"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at
them.


Duck, I couldn't agree with you more. Chapter 11 isn't
permanent. It
allows for "reorganization" which is exactly what the auto industry
needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a
bankruptcy
judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.
I agree.

Tough call. I don't like these bailouts, but can we afford not to?
In this country, 1 in 10 jobs are connected to the auto industry. If
the auto companies fail, we're talking depression, not recession.
All of this, could get real scary, real quick.

Busting the unions should be a requisite part of any bailout plan.
Otherwise they will be back again in a few years looking for another
handout. It's time we earn from our mistakes and stop repeating them.


This from a guy whose career highlight was cleaning the heads aboard a
navy ship?

We used to send numb-nuts like you all over the ship looking for
replacements for burned out headlights.