Wednesday, December 03, 2008

I Vote for Bankruptcy.

Are GM, Ford, and Chrysler serious, wanting Congress to give them everything between where the price is and $3.50 a gallon?

http://www.msnbc.msn.com/id/28020043/

The auto industry for years has resisted, as we might expect, changes for the greater good that were not immediately for their good. Now they want us to pay more than a dollar extra in taxes on gas so that they can continue business as usual? And the UAW cashes out salaries to people who aren't even working that are over double what most Christian colleges earn a year?

No way. Bankruptcy, restructuring for the greater good. People keep their jobs, business stays open, something better on the other side.

2 comments:

::athada:: said...

I heard the execs drove their hybrid cars 10 hours to DC this time, instead of flying separately in corporate jets.

Poor boys...

Caleb Landis said...

I agree, if only congress would have agreed back when Bear Sterns went under we might be in a different place right now.