Filing Bankruptcy Usa
If the security of the United States government to Ford, GMC and Chrysler?
I do not think so. The senator called on the Chrysler, Ford and GMC CEO " Washington DC who flew commercial? "It's ironic. If the government bails out of Ford, GMC and Chrysler, so the samething equivilantly the three major bankruptcy. workers' wages cut in half and consumer spending will be a sharp decline. Moreover, Chrysler, Ford and GMC will not be able to compete with manufacturers foreign car, because its management is lower. Maybe we should bail the three main two, three, four, five ,….. time? People have to develop the private jet for the CEO, CEO buys products and many workers as the CEO of purchase. Consequently, people have a job. Withdrawal of the economy U.S. it is also worse than the Big Three filing for bankruptcy. Probably not a win.
People do not understand that these bailouts must be Business fault yes, but not bail out companies to invest effect of thousands of employees, pension plans, so our whole economy affects millions us, and ultimately, the world economy in the world is a mess. S hould I do not think file for bakruptcy, Hell Yes! but no, implying that the CEO of these companies lose their incentive bonus shares and who do not want. Everything you or if filing for bankruptcy or take a ransom, which remains a situation care where the money will be supported by taxpayers. It could be a winner or maybe not. If Congress approves a bailout proposal, but creating strict guidelines the big three have to go through, including requiring investment in better fuel consumption, hybrid technology, cutting the fat cat bonuses and programs incentives before the money is paid could be a win-win situation for us all. Congress must play this card correctly and not just give money to blow, but the details of a plan to repay the money, and change the company to be competitive in the global automotive market. This can be done properly.
US car giant to file for bankruptcy protection – 01 June 09
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