I need a bail-me-out fix too Vic!

I should have added that clear conditions & terms would need to be set if any bailout happens. I think that is one of the details the gov. is considering in all of this.

Then you get into cities & states asking for bailout money too... arrggghhh what a mess.

But still, we as a country, even with all these problems...have it wayyy better than so many other places.

We already got our Bailout money....Don't forget our Stimulation checks..

Let's be careful that we don't regulate anything Vic...LOL!!

P.S. How come the gov't can keep us safe from MJ but can't seem to control our greedy Execs...

Mitt Romney came out today and said that if the Big 3 get the bailout, you can kiss the American auto industry goodbye. He is a wise money man, and his dad was an auto exec.

He says if we don't bail them out, they'll have to drastically restructure themselves. If we do, they'll just keep going down the suicidal course they are on.

I heard one of the Union leaders say they can't make any concessions. Well, I guess if they'd rather have their companies go bankrupt and lose many jobs rather than taking some cuts in pay and benefits - fine!

On some news program it says Big 3 workers average $71 an hour with benefits, as opposed to those who work at American plants for Toyota/Honda that average something like $40 an hour. Big difference!

This year I want a $100k bonus. When my business faces bankruptcy, I want the government to bail me out. If they don't, all my customers and suppliers will suffer.

I agree, replace all of top management or at the very least cut their pay to realistic amounts that will allow the companies to stay solvent. Also, the workers may have to take pay cuts to keep the company afloat until they can produce a quality product.

When my company starts lagging, we all take pay and benefit cuts to stay in positive territory.

Jules, I totally agree with you. I started to voice my opinion about the CEO's and other bloodsucker's but my post got to be so long I figured I'd just address the bail out issue! But I agree with you 100%.

I believe it's inevitable that they will get a gov't bail-out - how much I don't know....but the money needs to be handled by someone other than the executives that got them into this mess in the first place. If they do get the $$ then wipe the slate clean and start over. They've proven they can't run a company.

Did anyone see the surveillance of the CEO of Ford getting off a chartered jet? GMA had a story about it. He was confronted about it by a reporter and pretended he didn't hear the question! Diane Sawyer also asked one of the execs why he should continue to get his $21 million bonus when others are being laid off. It's just insane.

My late DH worked for GM all his life. First and only job he ever had. I don't think he'd be happy with the turn of events happening now. We always drove GM vehicles. Now, the only GM vehicle at our house is Kevin's truck....and when its paid for it will be traded for a Honda or a Toyota (if it's worth anything by then...). He got a great deal on it and with the employee discount it was too good to pass up. It's his truck so it's ultimately his decision but he's disgusted with the Big 3, too. I drive a Honda Accord. Matt drives a Ford and he desperately wants to get rid of it, too. You just can't sell anything right now....you take too big of a loss. But I will never again purchase a vehicle made by any of those three companies. I never thought the day would come where I'd ever say that.

Oh, and Vic......a white-collar prison? I don't think they even deserve that. I think a "tent-prison" would work just fine.....out in the hot desert!

We were just discussing this auto bail-out in the office this morning and someone said..."Hey in the bible in the book of revelations...didn't the end of the world start with a moneyless society..."

That sure shot my day.

How can these executives sleep at night? Knowing that they have taken billions of dollars in bonus pay yet the plant worker who lives paycheck to paycheck might not have a job next year.

If it were me....I'd not take another dime until the company was turned around. Maybe it would set an example for the other "execs" to follow. Probably not.....just my naivete' showing again.

Fox News was just making a big deal about how ALL THREE execs from the Big Three arrived in D.C. on separate private jets.

These guys could have saved a lot of the American auto industry's money if they'd carpooled in one of the cars they make, or they could have taken a bus...or even if they'd flown in the public transportation of the sky. (in coach!)

Nope, they probably had to have their own private bathrooms that none of the "unwashed masses" have used.

Well, all I know is what goes around comes around. These people will have to answer to someone much higher in the chain than me......and when that time comes I want a front row seat with popcorn 'cos the shows gonna be a good one!