Length: 09:30
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(sorry, I just cannot make a clearly audible video, it's annoying) Non-negotiable flights on private jets for $20,000 a flight, CEO's making $25,000,000 a year... and people are saying that the unions are making workers overpaid and over perked? Are you kidding me? Two flights on the private jet is someone's salary for a year! I tell you what big 3. You don't get to ride up to me in your limo and ask for money. Nobody in your company including the CEO will make more than $500,000 a year and no severance packages. Liquidate your private planes and fly continental. No fleet of limos, no stock options, no dining on the company dime, no 4 seasons or fancy hotels. Holiday Inn only. You also guarantee than you don't make a penny of profit or bonus until we are paid back with interest, just like any other lending institution. You also guarantee that you will provide more fuel efficient choices, and stop paying your lobbyists millions of dollars to lobby against new CAFE standards, while guaranteeing you pay your workers on the floor everything they were promised and earned during their tenure. Then maybe... MAYBE... I will loan you money if you fuckin' ask me nicely. You don't get to beg us for money, then also try to set the condition on which we give you the money. No, son. Shit doesn't work that way. I guarantee there are more than competent people who would love to run GM for only $500,000 and no perks. If you don't accept these terms, fine. You go under. Yeah, it'll hurt in the short term, but if you believe in free market or even simple good ol' american responsibility for your own actions, it needs to be done. We start bailing out companies... where does it stop? People keep saying "oh, we increase welfare these lazy, competent poor people will do nothing but sit back and collect money. The same thing is happening now, except billion dollar companies now are now lining up to accept their government welfare... only problem is it only takes one bad case of the flu or one broken arm to set someone who's doing everything right back 10's of thousands of dollars in medical bills then you're fucked. These companies are worth billions and have countless accountants and economists, and their boards, and CEO's etc, let them be greedy and watched them siphon money from their own company to the company's detriment. These CEO's should all be liquidated. If you don't like it, quit... with no severance package. Could you imagine a floor mopper at McDonalds saying "I will work for you, but if I'm incompetent and you have to fire me, you have to pay me for the priviledge of firing me." It's absolutely ludicrous. Proves the point. If you kill one person, you're a murder. If you kill a million, you're a stat. You steal $100 you're a thief. You steal a million you're an executive. ...and you think with $20 billion the big 3 are going to learn their lesson and turn the companies around? You think just like Lincoln savings and loan, and now AIG, in another 20 years, they're not going to ask for another $20 billion now that they know they can do it? They'll just factor it in their bottom line. We're throwing money away if we go along with this. I am so angry I can't see straight. I can't believe we're about to throw money at the most overpaid and greedy and incompetent people in this country. We're rewarding awful, bad behavior. It makes zero sense.