So Ironic---Big Three auto CEOs flew private jets to ask for taxpayer money - Page 1

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by sonia on 20 November 2008 - 01:11

http://edition.cnn.com/2008/US/11/19/autos.ceo.jets/index.html?eref=rss_topstories

 

 

 


yellowrose of Texas

by yellowrose of Texas on 20 November 2008 - 01:11

SONIA: It was the big three executives and union bosses that have raped these companies dry over the years and left them in this condition..poor ceo's . All the entertainments, salaries, bonus's on top of bonus, dinners, gifts, vacations, and the list goes on and on. Now they want help. None of us want our tax dollars pulling them up by their bootstrings.

My social securitycheck  will be no good in a few months at this rate as well as the rest of you drawing it or about to. Write your congressman or woman and voice your opinion, lest we be in streets next.

Someone suggested today on the news , that let the Union pay half of the billions they are asking for...not a bad idea. But they may have to ride a bus to work or sell the family jet.

 

 

 


wuzzup

by wuzzup on 20 November 2008 - 01:11

wasn't that something ?and thats the way its done !!


by Uglydog on 20 November 2008 - 02:11

Yes indeed, but lets face it, its a paltry, measly sum they ask for.... $25 Billion and the 3 actually make something that keeps over 3 million employed & their families fed, as compared to the $700 Billion Theft/Bailout for Wall Street Banksters.

AIG is an insurance company Run & Owned by a Dual Citizen of Israel, they alone got $150 Billion.

Be careful what you wish for.    We wont need finance companies after the Banksters get done finishing with our manufacturing industry. There will be nothing left to finance.   All by design.

Im no fan of their Union, theyve outlived their usefulness and a pariah but it will be a sad day if these Corps go down.

You  did know that Lehman had $400 Billion shipped to Israel before reporting Bankruptcy?  It was reported 'missing' and reported in Bloomberg as such.  Bend over..

 

 

 

 


by Uglydog on 20 November 2008 - 02:11


wuzzup

by wuzzup on 20 November 2008 - 02:11

thats the way it needs to apply to all big buisness.all over the world!!!


by gsdgermany2 on 20 November 2008 - 02:11

GM CEO Rick Wagoner Scores $14.4m for ‘07


  brinks.jpgAwesome. No really. I'm in awe. At the very moment GM NA's cash flow has gone bye-bye (thanks to union strikes at American Axle and GM factories), just days before the automaker gives the world the gory details of its American cash conflagration, the General reveals that it's bumped-up– sorry, "restored" its top suit's salary. CEO Rick Wagoner's paycheck returns to its 2003 - 2006 levels, from the "reduced" $1.65m back to $2.2m. But don't get to feeling what the Hell, it's only a $570k jump, and it WAS his old salary. Automotive News reports that Rick's TOTAL compensation for '07 was $14.4m, or $39,452.05 per day (including weekends). Meanwhile, Car Czar "Maximum" Bob Lutz gets a nice little "thank you" for winning TTAC's Bob Lutz Award: a base salary "boost" from $1.3m p.a. to $1.75m (so much for "I gave at the office"). MB's total compensation for '07: $6.9m. Newly promoted GM COO (from CFO) Fritz Henderson gets $1.8m; total pay package $7.6m. Friends of GM are free to defend this pay-out (supply - demand), but I find the fact that these guys are raking in MORE money as 32 GM factories are off-line, as GM struggles for its survival, appalling. But you knew that…

HOW ABOUT A LITTLE PAY CUT FIRST?


AgarPhranicniStraze1

by AgarPhranicniStraze1 on 20 November 2008 - 03:11

I read somewhere yesterday that the gov. offered to give a low interest loan with some very conservative terms for the auto makers if they would consider a restructurizing plan rather than expect the billion dollar buy out.  They said no to a 'loan'.  So I say let them reep what they've sowed over all these years.  They forget whe the gas wasn't sky high and the economy was good they were raping Americans in the ars when we were buying those expensive flashy SUV's.  They put that money in their pockets and times were all good for them; no complaints.  Here we are a couple years later when things have changed and they can't give trucks and SUV's away anymore and now all of a sudden they are looking for handouts??  I say NO WAY, go figure out some other way.  The banks were one thing; we almost had to do something to help or our fate would only worsen but the car industry???  We could go on without it if we had to for awhile.  And this is spoken from a true die hard chevy person but i can't see giving this money when it isn't gonna change their longterm situaiton.  That money will be spent within a few months.  It's unfortunate people will lose many jobs but it's real bad every where.  The government can't be everyone's life saver to bad business decissions.  But hell if the gov is quick to start handing out money to bail out companies then I wanna know where the line is so i can get in it too cause our business is suffering with the economy but we're riding it out.


yellowrose of Texas

by yellowrose of Texas on 20 November 2008 - 04:11

 

I had a personal friend a few years back that joined the Lawyers Club to learn to hide money. Right before he sold his INC. business in Texas City, Texas, he sent money all over., hiding it, and one place was Belise. Well, after he rooked me into buying his 250,000.00 home to keep his son , he lied to me about, from getting it,  the IRS contacted me here in Tyler , about my buying the home..I proved where my money came from , death benefits, and then the IRS after two grueling months of interagation, revealed to me, they found 3 million dollars of his , hiden in Belise.

Of course, it wasn't hidden any longer, so the poor man , divorced his wife and went into hiding., and died in hiding., in a 250,000.00 motor home somewhere in Colorado., in someone elses name.  The reason for the divorce was so the Mrs. could draw her social security. The government put a lien in the Gal. Co. courthouse  two months ,AFTER I had filed the deed to the home, which cleared me from losing my britches and my sanity. You can bet your last dollar, that all these executives and heads of all the banks, companies involved, have transferred money accross the ocean..But they better beware,Uncle Sam has mean eyes and they know where to look.

 Also now looks like Vice Pres Cheney is in   HOT WATER  in Texas. SSDD

YR

 

 

 

 

 


by Sam1427 on 20 November 2008 - 05:11

I say let them file for bankruptcy. Union and company executives have been bleeding these auto makers dry for the last 20 years. If they go into bankruptcy they will have to do things differently and that might actually save them. They will have to make cars that people actually want to buy and wages will come into line with what manufacturers pay at U.S. plants run by Toyota, Honda, etc.






 


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