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How I view the auto companies asking for a bailout

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Uploaded by on Nov 24, 2008

This is what I see in my mind when I watch the videos of auto industry executives testifying before Congress.

Background: The American auto companies are a complete disgrace. They are poorly managed, both in terms of making cars, and in keeping their finances in order. They had well over thirty years to reach a sustainable solution to their legacy cost problems, but instead chose to ignore it, instead throwing off the money that could have been solving it, as bonuses and dividends.

It's not much different than if I took out a business loan, dumped it in my friends' bank accounts instead of using it for my business, and then complained that I can't operate when that evil bank demands that I make interest payments for some reason.

The executives know this. So, they're forced into one final refuge: claiming about all the spillover damage when they fail -- which of course could be addressed *without* forking over so much money to failures. So, whenever I see them tell us why they are *so* deserving of taxpayer money, this is the image I get in my mind: someone so desperate for tons of free money, that he resorts to threatening cats, given how distorted his perceptions have become.

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All Comments (9)

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  • Yeah he can. Just watch his DDR videos.

  • GM, Chrysler & Ford 'Kitty Cats' must be stroked and cared for to ensure CEO's who fucked US get their bonus payments and fill all airfields and deserts with useless cars nobody wants/can afford to run. Go hungry and pay for them - they deserve you sacrifice.

  • Aman too that also

  • Aman too that retired G.M.33.2 Years

  • People - go back and read up on the history of the union - why it was formed to begin with. I don't know about you, but I would rather drive a car that was made by someone who made what GM employees make rather than freaking minimum wage.

  • Kill those fat cats union members they get over 90% of they're full wages on unemployment rein burst through GM.Who gets that where they work? Management is stupid and held at gun point by the union.

  • You're a TOOL. Could you look any more moronic?

  • I deplore animal cruelty. If you kill that cat, sir, your life will lose ALL value in my eyes. Therefore, you will not receive my portion of the bailout you are asking for.

  • siiiiick

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