Jiminy Freakin’ Christmas. You know if there’s anyone who you would hope would know the fucking meaning of the concept of “capitalism” it would be a guy who makes eleventy billion a year and is himself an actual Chief Executive Officer of a fucking corporation. But noooo.
The CEOs of the big three automakers flew to the nation’s capital yesterday in private luxurious jets to make their case to Washington that the auto industry is running out of cash and needs $25 billion in taxpayer money to avoid bankruptcy.
As said taxpayer, my response is this: Go. Straight. To. Hell.
I didn’t really have a goddamned choice about the fucking 5 trillion bailout – well, other than to send my Congress Creatures scathing emails, calling into doubt both their ancestry and future prospects should they back such horseshit – and I probably don’t have a fucking choice about this either, but I’m going to keep emailing my Congress Creatures until they Get The Point.
If American car companies can not figure out the magic, sooper-sekrit formula for remaining profitable, then fuck ‘em. Down they go. I’m all for consumption of domestic goods, but I’ve driven a Honda for the last five years BECAUSE IT’S A BETTER MADE PRODUCT.
Do you wonder, O Private Jet Riding CEOs, how to make yourselves profitable again? Would you like moi, the ever so humble Liberty Girl, to enlighten you?
BREAK THE BACKS OF THE UNIONS AND KICK THEM OUT OF TOWN.
They were necessary at one time – when dying by fire in a ramshackle building due to shitty working conditions was a daily risk – but they are not freaking necessary any longer. They’re professional extortionists at this point and honestly should be treated as such.
Oh, and here’s another problem:
Wagoner’s private jet trip to Washington cost his ailing company an estimated $20,000 roundtrip. In comparison, seats on Northwest Airlines flight 2364 from Detroit to Washington were going online for $288 coach and $837 first class.
*stare*
“Reduce costs?? Feh, that’s for amateurs like Dell and Ingram.” It’s like these people flunked basic high school economics, yet they’re running billion million thousand dollar industries, failing spectacularly at it, and attempting to manipulate us, THAT’S YOU AND ME FOR THOSE PLAYING ALONG AT HOME, into paying for it.
“We want to continue the vital role we’ve played for Americans for the past 100 years, but we can’t do it alone,” Wagoner told the Senate Banking Committee.
Times change. Grifters never do.
(Via Ace)







Jets? Plural? They couldn’t even ride together? Weren’t they all coming from blight-upon-the-Earth Detroit?
Hey, union guys? Congratulations… you greedy bastards finally sucked your cash cow dry. Good luck with those new jobs!
I just hope they go bankrupt before Jan 20, or they will be back once Mr. Fairness takes office. Them, and every other poorly run company in the country. Will it ever stop?
jana
November 19th, 2008
Can I get an Amen? Amen!!
I’ve been driving a Hyundai Elantra since 2001, and I wouldn’t give that car up for anything. I sincerely hope that all three big automakers file for bankruptcy; the UAW must be tossed into the dustbin of history, and this is the only way to do it.
D.W.
November 19th, 2008
hey, I’ve started to think favorably upon a “bailout” — as in operatying LOAN … partially because I live in car-heartland-ustawas Michigan.
Of course, there would HAVE to be preconditions, amongst which would be firing anyone above the level of manager WITHOUT any severance pay, AND firing every single union member … and a stipulation that when operations commence under new, rational leadership … NO previous union members would be hired.
Without those preconditions, Big 3, Eat Shit And Die!
pete in Midland
November 19th, 2008
Christ, it’s 523 miles. I used to drive to Chicago (750 miles) in a day. Force them to sell out to the Japanese or the Indians.
John H
November 19th, 2008
hey if we bail out the big 3 do we all get a new car? that would be my condition.
john mark
December 2nd, 2008