RE: US Auto Sales Bleak
Several points come to mind (besides the one on top of my head):
Why is Chrysler saying that they need money now, IF they indeed have 11 Billion in cash?
Many years ago (and may still be the case) Chrysler (and perhaps the others) had a special, and closer parking area for those who drove their products…imports could not use the lot.
It must also be remembered that even if the “import” was built here…the money still goes back to the country of origin. Sure it pays for American pay checks…but the profit still goes overseas.
Just read that the average auto worker makes $71.00 an hour…..WHAT THE…….(sorry but it’s production work…..they are not doing brain surgery……it’s basically unskilled labor….
Auto Chairpersons willing to take only $1.00 dollar a year to help the situation….what a joke….they aren’t giving up any thing. They still get bonuses and other perks that far exceed what their “pay” is……It’s a snow job to my John Q. Public think they care…They should be “canned” if their companies are in such bad shape….
IF the whole “bailout” or whatever you want to call it is to work you must get the government out of the picture…..they are the problem. Their mandated café standards, safety standards, etc., etc., have in many cases made Detroit what it is today….get them out of business…………