Posted by Spook on November 20, 2008 at 17:57:33 from (75.45.77.21):
In Reply to: BIG THREE BAILOUT !!!! posted by Jim H SW-PA on November 20, 2008 at 17:02:34:
ChevCase said: (quoted from post at 18:47:22 11/20/08) Some thoughts:
Funny how a sound bite strategically used by a pandering politician in a hearing becomes the only issue. People complain about executive pay (GM CEO Rick Wagoner is one of the least payed CEO's in major industries...Goldman Sachs $50mil., major league pitchers $20mil) but then when he flys on a corp jet to most likely hold a mtg. with 5-10 people on the plane and save 1 or 2days time ...people complain. At his pay rate, if I was a stockholder, I don't want him waiting for his luggage at he NW terminal.
Since Sen. Shelby(R)from Alabama was mentioned...do you suppose he is opposed because he is in the pocket of BMW, Hyundai, Honda and Mercedes who have been given Billions in Fed, State, county and local $$$$ in concessions to build their plants in Alabams...including specially built schools for the children of executives who move here from other countries.
We can continue to regurgitate the talking points that the mainstream media give us or we can do a little digging for ourselves.
Lastly, we as a country need to decide whether we will be a nation that produces things or simply have everyone work at WalMart, McDonalds and Wall St. firms.
I think the problem is that Wagner looks arragant. He passed up a great opportunity to showcase the company products on a world stage. Image is important, but GM seems to problems understanding this. And if Wagner is that good a manager, the place shouldn't fall apart if he takes a couple days off. Look at the results of his visit. He failed to get what he went there for. He should be the company's top saleperson, not a liability.
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