Bailout

Well, I'm adding my two cents worth into the multi-trillion dollar bailout that's going on in the country. Currently the Big Three automakers and the UAW are on the hot seat for asking for a bailout. I would say, let them go into chapter 11 and get out from under their union contracts that pay workers who don't work anymore. It would also start having realistic rules for the employees and pay them a normal salary. On top of that, the management shouldn't be able to pull massive salaries and bonuses. WTF, bonuses? Man, if they get millions of dollars for plowing a corporation into the ground, I can do that for far less. Let me make just $1 mil for a year and I could slam the companies into the ground just as well as the current management of any of the car companies. I wouldn't even take a bonus and I'd drive myself to work! Some government officials have mentioned that the government would get a piece of the companies then. That's pretty much what is happening in the banking and insurance industry. Next up, energy companies! Get ready to assume the position. This 'bailout' is amounting to nothing short of the nationalization of the major corporations in this country. It is accelerating out of control currently. President-elect Obama could earn a ton of respect from this conservative by stepping up and saying 'No, we're not going to do this anymore. We're going to let the companies re-organize and become competitive properly, not by taking money out of public coffers.' At this point, even though he says 'there is only 1 president at a time', he should use some of his influence as the President-Elect to stop the massive pillaging of this country. There I go again, expecting someone in government to do the right thing. Velkum to ze Federal Socialist States of Amerika.