Auto Company Scoundrels

Today, the jackass CEO’s from the big three auto makers will testify before congress and present their plans for getting their companies up and running.

It will be interesting to see how they travel to Washington this morning. The last time they testified, they all three took separate private corporate jets, then requested a 25 billion dollar loan.

What is it about some CEO’s of big corporations that make them so elitist? What makes them think they’re better than everyone else?

Such egos they have. They need to come down to earth. Power. Power sure does change people. A down to earth person who is otherwise normal, when given too much power, has to be very careful not to give in to falling prey to the instinct to think they’re better than everybody else.
At the same time, I sure have to give credit to these companies for negotiating fare contracts with the UAW. They pay living wages and provide good benefits which is more than I can say to many other auto companies that exploit workers.

The economy and the failure of the country to make it easier for workers to organize into unions is what has created this catastrophe.

The UAW has sure done what any good union would do to make these companies profitable, but just like in years past, the companies run themselves into the ground by not having vision.

The UAW has already negotiated the concessions necessary. Now it’s up to the auto companies.
Every CEO in America should pay very close attention to the behavior of these auto company CEO’s and learn from their mistakes.

Congress must grant the loan to prevent the Midwest from going down the tubes. At the same time, take away the extravagant salaries of these scoundrel CEO’s along with their golden parachutes and benefits.

The workers and retirees must not be the fall guys. They have forgone wages over the years to earn their pensions.

If the auto companies go bankrupt, the workers and retirees will lose those decent pensions and will lose their medical insurance. Maybe that’s what the conservatives in Washington really want. For the unions to disappear. After all, the auto companies that are doing well don't allow their workers to organize themselves, or at least fight them tooth and nail.

There ought to be a law against so called Right-to-Work-for-less states, or better yet, pass the Employee Free Choice Act. If this legislation could be passed and signed into law, then workers who want a union, could have one.