The US Auto Company’s Negotiation Tactics
The US Auto company executives show up in Washington on private jets to ask for bailout money.
Wow. They sure need that bailout money. In their defense the three auto companies defended the CEOs’ travel as standard procedure.
“They’re coming to Washington to beg the taxpayers to help them. It’s unseemly to be running around on a $20,000 flight versus a $500 round trip”
~Thomas Schatz, president of the watchdog group Citizens Against Government Waste
While they are at it, they should have the Somali Pirates negotiate for them.
My take? Simple?
There are two things wrong with the US automakers. First, management sucks, as the above example clearly shows. Second, and perhaps most importantly, their cars, to put it bluntly (like I always do), absolutely suck when compared to their competition. My apologies to the few of my friends that actually drive American made cars.
Those 2 things need to be fixed before any bailout money is doled out.
The ultimate solution? Let the automakers file for bankruptcy or go out of business, it will sort out, just like failed businesses in other sectors. Hey, maybe Toyota will buy Ford’s assets, and those American workers that are currently getting the shaft by Ford/GM, etc. will be hired by Toyota’s new Detroit division.
See, I’m not a party line Democrat.
Now that I think about it, I’m going to head over to Washington and ask for a student loan bailout.
can the govt bail me out? I’ll friggin walk to DC. I think a school loan bailout would make many people happy!