Read other letters about this article

• Monday, December 15, 2008 06:24 AM

  @SEAL76

  Iam going to enjoy taking apart your argument statement by statement.

  The workers are overpaid and build products that of poor quality.

  GM's CEO was paid $15.7 Million in 2007:

  http://www.reuters.com/article/businessNews/idUSN2534738420080425

  This amounts to 77 workers getting paid @ $70 to work for 360 days a year, 8 hours a day.

  Ford CEO, the wonderful Mulally got paid $28 Million for FOUR months on job.

  http://money.cnn.com/2007/04/05/news/companies/ford_execpay/

  That amounts to $7 Million a month. Which amounts to paying 3300 workers @ $70 an hour every month.

  And what did Mulally bring to FORD? $581 Million LOSS.

  Unions keep poor performers on the line

  Hmmmm. So what about the Board which keeps badly performing CEOs like Mulally on the line?

  Unions have outlived there usefullness

  CEOs have outlived their purpose, since all they bring nowadays is losses to their companies, while holding manufacturers and other industries hostage.

  Unions are also cash cows for Democratic politicians.

  CEOs are cash cows for Republicans. Since 1990, auto makers have donated over $150 Million to Republicans. http://articles.latimes.com/2008/12/12/news/fi-gopcars12

  And you know what's funny? For the money they paid Republicans, GM, FORD and Chrysler could not even get their bailout passed!! Talk about throwing away money! If they had paid that money to their workers, they would have got a better performing work force...

  You obviously are from the South.

  Why the heck we still have you morons in the United States, i can never understand!

  We should cut you bozos off, and then when we have a sudden urge to invade any country, we can always invade Texas!!!

  —Anandasubramanian Read Anandasubramanian's other letters
  Permalink
  Flag
  Click "Submit Flag" if you feel this post is inappropriate. Explain why below if you wish.

  Cancel