Showing posts with label coal. Show all posts
Showing posts with label coal. Show all posts

Friday, December 5, 2008

Bah Humbug, Beg 3. Only coal for you in your stockings.


Bah Humbug.

I say that because I am so confused and angry about the Big 3.

I posted on this a few weeks ago, but it is still an on-going issue and the CEOs and UAW leaders go way beyond the naughty list to the "consciously unrepentant" list.

The "Beg" 3 automakers continue their attempt to get government support for their terrible business models and even crappier vehicle models. What irks me is that GM HAD an electric car (they subsequently crushed all of them) in the 1990s. Now we are expected to shell out billions of dollars to union stooges who, while lining their own pockets, are in DC with hands out, palms up, waiting for congress to write them an enormous check?

Don't misunderstand me. I feel horribly for the families this will affect. Please read these highlighted comments. They are a fearful glimpse of what might happen to real people in real places if the American Auto Empire falls. I do not blame the workers, but blame the company and the union leaders; make them culpable. Don't make us foot the bill when folks like us are struggling to get to the first of the month and drooling for student loan money that is coming in January.

This year I am giving home-made gifts to family. We cannot afford to shop, our cat got sick and the vet bills have taken over what we had in savings. But we can still afford to visit loved ones, which is priceless, and X-Mas isn't about stuff anyway-- we get it. Besides, who would want to deal with all the crazies at the stores:



I say let them file for bankruptcy protection (let the BANKS bail them out using some of that 700 billion they already got from us). Restructuring will clean house and prevent them from coming back in a month asking for more. The current bailout of 34 billion is just a start-- it's grown 9 billion over the last two weeks even with the selling of their corporate jet fleet and token driving to DC in their hybrid cars (*hmph*). Some experts say 90 billion is needed to get them out of the hole. You know me and big numbers:

90,000,000,000.00

None of us will ever see that many zeros in a ten thousand lifetimes. Neither should the Beg 3.

Thanks, Aliceson, for your input and sharing that blog. Everyone should see the human side to this.

PS: Today's Daily Confucius below is so synchronous with this post: He who will not economize will have to agonize. Let the Big 3 take this to heart.

"American Triplets" Mike Lane, Baltimore Maryland
Christmas shoppers, Eric Allie, Chicago

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