Detroit's auto makers skidding productivity
You can call it "The Black Thursday"! The attempt to
obtain an extra 25Billing founds from the taxpayer-financed rescue
assistance, failed. The decision came after two days in which the "Big
Three" CEOs America's largest corporations plead their case this week
before the Senate and House and in front of a national television
audience.
In spite of all efforts made by the "Big Three" CEOs - who
were unable to come up with a credible plan for financial recovery and
profitability - the majority of Senate and House members said: "No...
Not so Fast!" unless they show a solid business plan they won't see
the money.
It sounds only fair that if you come in front of
American's people to ask for help, you should be able to make your case in
a credible way and at least show some respect for the majority of regular
people who use the public transportation and commercial fly to conduct
their regular business. The "Big Three" CEOs looked unprepared and
arrogant... "It's almost like seeing a guy show up at the soup kitchen
in high-hat and tuxedo. . . ." said Rep. Gary L. Ackerman (D-N.Y.)
The only argument working for them is the perspective of
thousands upon thousands of workers who are the victims in this mess,,, losing
their job in an economy that is shrinking by days!!!
;)
;)
Arina ~ I agree with your viewpoint on this ~ The CEO's looked unprepared when they went before the Senate, and arriving in their private jets was not the best way travel when you want to show your "workers" you looking out for their best interest. It is to bad because a solution is really needed, and fast.