Why has none of these people been fired?
With so many people been layed off and companies closing we could put the people back to work taking the place of AIG, Fannie & Freddie, Car Companies, Banks, Wall Street, etc. THESE
COMPANY'S EMPLOYEES SHOULD HAVE BEEN FIRED BY NOW! At every place we the taxpayers had to bailout. I say, Send out the pick slips today, to everyone who work in these offices. We do not need them to train new employees. They didn't know how to do there jobs in the first place. Put the honest working people back to work.
Asked By: barn - 2/6/2009
I totally agree. The Fat Cats have gotten fatter on the American dime for too long.
With the crumbling stock market, plenty of retirees, families and mid-life people have lost the whole ball of wax. I am furious to hear that our local teachers, a few with more than twenty years in have little or nothing to retire on now. But, the fat cats running these companies were sunning themselves on sandy beaches, while teachers, fire men, nurses, retirees, and families are drowning in debt. And that is just the stock market.
The insurance market, is just as bad, and forget about using credit to purchase big ticket items.
Then we have the Big Three Motor companies. Their hands are stretched out too. The top CEO's will cover their own 15 Million dollar salaries first then the guy on the assembly line.
I was watching Washington Insider, on Sunday morning as to how these bail outs are being handled. The first set, no one expected the Wall Street receivers to explain what they did with out tax dollars. They were not expected to explain, how the had invested the millions, billions of dollars of hard working Americans 401's, CD's or cash investments. They were not expected to replace them, after THEY lost them! The accounts, that the owners now are losing homes, or any account for retirement, should have been replaced first. If someone invests in a firm, and the firm mismanages their money causing a loss, then the firm can be held criminally liable.
There was a comparison of the American Auto Industry and foreign. In the FAILING American Industry, the CEO's make 15 Million a year whether the company does well or not., plus year end bonuses. In the foreign Auto Industry, the CEO's make One Million a year, if the company does well. And the UAW has a big hand in it too. While the rest of America is worried about the economy, and the deal for a bail out, causing the fat cats to invest their own money, major down sizing and buy outs arranged, the UAW steps in and turns it down, knowing Bush would still allow it at their terms. Instead of fat cats and union organizers making the dough, we need to get into a more competitive market, as to sales, employment, fuel standards, etc.
I am furious to have a union rep, go to Washington and basically say, "We got you by the balls. With out us, the economy will collapse. Give us what we want. Our line workers will not work for less than $ 40.00 an hour, and Legacy benefits." (Equals about $ 70.00 an hour); while the average American family is eating beans for super and wondering if they can make their light bill.
Take the Union out of the equation. The Unions here in Ohio have failed in every aspect: The United Auto Workers Union, The Teachers Union, The Civil Employee Unions, etc, are a huge part of budgets. Get rid of them.
Perfect example: In Georgia, there is a factory the makes Saturn cars,while Saturn does belong to the Big Three, their workers are still working. And foreign companies without a union pushing buttons are still producing, using American workers, making a profit.
Answered By: sj w - 2/7/2009