[opendtv] Re: News: Ditch Your TV
- From: Craig Birkmaier <craig@xxxxxxxxx>
- To: opendtv@xxxxxxxxxxxxx
- Date: Fri, 12 Dec 2008 11:28:23 -0500
At 2:31 PM -0800 12/11/08, John Willkie wrote:
The "problem" with U.S. car makers isn't that they sold cars that the
consumers wanted (big ones) at a profit; it's that the government forced
them to make and sell cars (small ones) at a loss.
Another way of saying this is that they were hung by short-termism in not
getting the unions to be realistic.
The unions are still not being realistic. The news is reporting that
they scuttled the current attempt at a bailout. I guess they figure
(correctly) that they will get what they want from the next Congress.
The Senate asked them to bring their compensation in line with what
Toyota and Nissan are paying for labor in the U.S. by the end of
2009. To paraphrase the Governor of Illinois, the unions told the
Senate to F*C$-off.
Regards
Craig
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