With that noted, I would like to know, what is the thinking of these three companies, in asking the government for 25 billion dollars to bail them out? I mean, we are bailing out company after company, but I don't want to chat about that. I wanted to just scrape the surface on this bail out for the Big 3.
I understand, by bailing the Big 3 out, we will save over 3 million jobs and that is important indeed, but what the hell, these 3 million workers are making bad products because the CEO's of these companies are thinking poorly.
A simple solution- to the Big 3 we give 25 billion, fine, but guess what, all upper level management must resign as soon as a check is cut or there will be consequences.
Please respond with your thoughts.