GM_Ford_Chrysler Bailout

[badbullgator]

Replacement parts manufacture will be the FIRST thing to go away.

I will bet that non factory parts will fill that void, and cheaper too. I seldom use factory parts unless I can't get generic for what I need

[labdoc]

This story will get your blood boiling about any sort of bailout!!!

http://www.foxnews.com/story/0,2933,454844,00.html

I would love to have heard the hearings when senate brought up this issue.

[Buzz]

This story will get your blood boiling about any sort of bailout!!!

http://www.foxnews.com/story/0,2933,454844,00.html

I would love to have heard the hearings when senate brought up this issue.

It was meant to make your blood boil - randstanding at it's finest meant to whip up populist anger and emotion.

The congressman asked if they would sell their jets. Stupid question.

There is a business case for private jets. I used to routinely fly around on a private jet with the company CEO. We would pile him and 6 or 8 other executives into the company jet and go conduct meetings at several locations. One day we had meetings in Detroit, Cincinnati, Pittsburgh, Milwaukee, Chicago, and then finished up in Detroit again. Try that flying commercial.

This whole thing is a wet dream for conservatives who what to see the UAW go away and liberals who want to make Detroit pay for "destroying the environment" with those nasty gas guzzlers.

[Hoosier]

This story will get your blood boiling about any sort of bailout!!!

http://www.foxnews.com/story/0,2933,454844,00.html

I would love to have heard the hearings when senate brought up this issue.

He could have employed some guy with no skills for less then 2 months with that $20,000 I guess. The whole industry is ridicules

[Marvin S]

The congressman asked if they would sell their jets.

There is a business case for private jets.

The congressman was dripping with envy.

There is a better business case for not all flying on one plane. Ask Payne Stewart most recently, & Utah Construction many years ago.

[Buzz]

There is a better business case for not all flying on one plane. Ask Payne Stewart most recently, & Utah Construction many years ago.

Actually, on the trip I referred to in my post above, we took off from Milwaukee in a bad snow storm, big wet snowflakes. I was sitting next to the engineering manager of a huge Milwaukee based electronic controls manufacturer. We were both pretty tense watching the wings ice up. After we got about half way across Lake Michigan we were both laughing with a drink in our hands. But I think we were both pretty shaken. There were 10 passengers on the plane, 5 of them were among the very top management from my company. Not good...

Everyone on the plane seemed oblivious, except for the two engineers...

[Marvin S]

Everyone on the plane seemed oblivious, except for the two engineers...

I don't know the circumstances of the Utah Construction crash other than they had their 5 top guys on the plane. At the time the big three in construction were Morrison-Knudsen, Peter Kiewit & Utah Construction, who also did mining projects which piqued my interest. Bill Agee wiped out MK, PK is still going with a different business model & Utah Construction was gone by the time they completed those projects on the books.

I do not like to get off the ground, look at what happened to Air Florida with iced up wings & the eventual demise of the airline.

[Snicklefritz]

Mr. Booty said:

I say, let the chips fall where they may and hopefully they can come back with the right business plan.

(emphasis mine)

Hope is not a plan!

[Joe S.]

I used to routinely fly around on a private jet with the company CEO.

I would venture a guess it wasn't flying into D.C. to ask for $25 BILLION to help you make ends meet.

There was at one time a business case for an airplane, now, perhaps, not so much. HD Video Tele-Conferece can be set up almost anywhere in a matter of minutes. Computers and the internet...real-time conversation and document transfer.

Change With The Times Or Be Destroyed By Them Regards,

Joe S.

[Buzz]

There was at one time a business case for an airplane, now, perhaps, not so much.

Change With The Times Or Be Destroyed By Them Regards,

Joe S.

I came to a small company before the current trend in teleconference. In the 90's I helped move manufacturing from a factory in Little Rock to Guadalajara. Meanwhile I was living in Cincinnati. I can't picture doing it all by remote control. You have to get personal with the folks and spend time in the factory and get your arms around what you're working with.

That said, if it's time for blue collar workers to get competitive with the foreign workforce, it's time to take a look at executive compensation. It's ridiculous. Stock holders are getting fleeced.