Posted by Gun guru on November 20, 2008 at 17:46:22 from (68.188.232.38):
In Reply to: BIG THREE BAILOUT !!!! posted by bodid1998 on November 20, 2008 at 17:02:34:
Here is the skinny on what needs to be done.
1. A big wealthy guy like (Warren Buffett) Needs to buy all the GM stock and say My way or the highway to all GM execs, salaried, UAW.
2. Then Buffett must demand all bonuses cut to zero, company jets--cancelled, layoff a &hitload of deadweight, pay cuts of 20% for all until the company is in the black again.
3. IF---the car company execs were real serious about getting taxpayer money for a bailout then they would cut pay and bennies for all employed.
The Federal gov. must help them, but only if the companies are willing to get lean.
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