Boater wrote:
Tom Francis - SWSports wrote:
On Thu, 13 Nov 2008 08:42:23 -0500, "Eisboch"
wrote:

wrote in message
t...

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.
This may sound harsh, but I am just about convinced that we are
beyond any form of healthy avenues for recovery.
The reasons are varied and there's plenty of blame to pass around,
including the consumer. At this point though, it just doesn't
matter. Assigning blame doesn't fix the problems.

I think we may just have to bite the bullet, allow Banks, Investment
firms, GM, GMAC, Ford, Ford Motor Credit and Chrysler (whoever they
are now-a-days) to file Chapter 11 bankrupcy, reorganize and start
again. That will unfortunatly cause bankrupcies in many supporting
industrys but they are currently structured to support what exists
now, not as it should be.

Everyone is jumping on the bailout bandwagon. American Express just
filed to become a bank, thereby qualifying for some of the bailout
money to cover bad accounts. That's too much. Enough.

Like a hurricane every 100 years or so, it is going to require
cleaning out the deadwood before the forests can grow again.

Damn straight.


And what is your plan for the millions of workers who will lose their
jobs? Oh...I know...let them all die.

I would start by firing every member of an automaker's management team,
eliminating whatever "equity" the shareholders still have, renegotiating
all existing labor and supplier contracts, and hiring innovative
management that can begin producing world-class energy efficient cars
within two years, even if they have to buy the technology until they can
develop their own.

Screw the investors? I don't think so. Burn all labor contracts.
Fire everybody. Sell the brand an equipment to an automaker who knows
how to do business. Hire back employees that can demonstrate needed
skills and collect the union cards as they enter the work place. Start
fresh and build innovative earth friendly vehicles.

As for the employees that don't get rehired, Americans, except for
Obama, Don't just let our people die. We'll find work for them even if
it means pushing out the illegals.