Comments on: GM Slashing Production In Fight To Survive

Cash-Starved Auto Giant Tries To Save Money As Future Of Federal Bailout Hangs In Balance

[questionnews]

Let them go bankrupt & stick a knife in all those UAW labor contracts and then re-organize under a new business plan. This time play some serious hardball with the UAW. Over inflated labor, benefits & retirement packages is what is killing the big 3.

I don''t think the UAW ever hear the story of the goose that laid the golden eggs because they have done a great job of killing the goose. Or geese in this case.

[imotorist]

Chris Mathews on Leno: If the auto makers want government subsities, they should work for equal salaries.

[random_radar]

"The three companies burned through nearly $18 billion in cash reserves during the last quarter and GM and Chrysler have said they could collapse in weeks.

HOW LONG DO Y''''ALL THINK 25 BILLIONS GONNA LAST ????

Posted by Demdump at 02:40 PM : Nov 21, 2008"

Who says that is all they need? That is just the down payment. There will be plenty more flushed down the Detroit toilet, but they don''t want to tip their hands too soon.

[viscor]

Let''s assume for the moment that the average U.S.A. autoworker makes $80,000 a year.

That means that the $100,000,000 in private jets equates to 1250 jobs. Yes, that right, the execs. think that it''s acceptable to trade 1250 jobs for the privilege of having a jet of their own. That''s some pretty *** expensive "saftey".

It%u2019s time we make a stand. NO MONEY!

[random_radar]

"God has His ways of punishing the arrogant.

Posted by NoMoreKidds at 02:52 PM : Nov 21, 2008"

Yeah, he inspires them to elect Democrats and pay to bail out failed banks and automakers.

[nomorekidds]

God has His ways of punishing the arrogant.

[craigh9]

These guys make stuff up as they go along. They need jets for security reasons???? Give me a break, many individuals (ie. congressman) are at significantly greater risk and they fly commercial. In this day and age of electronic communications it would be well worth these executives spending a little in airports while saving multiple millions of dollars on jets, maintenance and flight crews. They are pamper babies unable to face the realities of life.

[demdump]

The three companies burned through nearly $18 billion in cash reserves during the last quarter and GM and Chrysler have said they could collapse in weeks.

HOW LONG DO Y''ALL THINK 25 BILLIONS GONNA LAST ????

[demdump]

Why don''''t you fire the exec''''s and that should save you money plus make it possible so you can get some intellegent management in there.

Posted by antoniof123

I HAVE BEEN WAITING FOR THIS QUESTION FOR LONG TIME ?????

[demdump]

TRUE STORY :
General Motors said today that it is putting TWO of its FIVE corporate jets out of service because the planes are not being used enough. The top three executives at GM, however, will continue to use the private luxurious jets for all of their business and personal travel, despite a flurry of criticism over the perk following an ABC News report this week.

GM CEO Rick Wagoner will continue to fly on private jets despite the cutbacks in the size of the fleet. Here a driver is seen dropping Wagoner off for a flight to Washington earlier this month.
(ABC)
An ABC News investigation revealed that the top three automakers have together spent several hundred million dollars to buy, maintain, and operate a fleet of top-of-the-line private jets for their top executives.


GM leased a fleet of seven planes at the beginning of this year, according to a company spokesperson. Two of the planes were dropped from the fleet in September and two more will be dropped by the end of the year.

[antoniof123]

Why don''t you fire the exec''s and that should save you money plus make it possible so you can get some intellegent management in there.