The Illusion Of Saving GM and Chrysler

The Illusion Of Saving GM and Chrysler

Is this guy's job or family more important than yours? Then why are we as taxpayers going to subsidize his right to earn a total of $74 an hour in total compensation?
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"Look, we're too big to fail. They've got to give us whatever we ask for without asking any questions. Don't worry about a thing Wagoneer."
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These people are celebrating ripping us off. Wouldn't you?
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Good job guys. If you would have went into bankruptcy I might have thought you were in FINANCIAL TROUBLE and not bought a car from you. But given that you only need a $20,000,000,ooo (billion) taxpayer infusion every 3 months I consider you as strong and viable as any company in the world right now.


General Motors and Chrysler Restructuring Still in Limbo
The government expected GM and Chrysler to have their restructuring plans and major concessions complete by February 17th. The Automakers and UAW did not get to work until a few days before the deadline. Little has been accomplished before or since.
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GM and Chrysler Increase The Stakes On Their Extortion Of The US Taxpayer

GM and Chrysler Increase The Stakes On Their Extortion Of The US Taxpayer

The most important thing in the world is to ensure via taxpayer funded government bailouts that this guy continues to make $74 an hour in total compensation.
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"Look, I don't know what's so hard for you people to understand. We are the biggest and most politically connected Union in The World. We are 100% confident that our friends in Congress and The White House won't forget us in our time of greed. Besides, GM and Chrysler can't go into bankruptcy, are you a moron? If they went into bankruptcy the American Public might begin to suspect them of being in FINANCIAL TROUBLE. No one would buy a car from them if they thought that they were in FINANCIAL TROUBLE."
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Yes, it is a bailout. A loan would imply that your struggling Titans of Industry are ever going to be profitable again, which does not look promising as long as the UAW exists.

GM and Chrysler Double the Amount They Claim to Need
Taxpayers Embark On Never-ending Paper Chase
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