DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - US Auto Industry (gov't task force, regs, etc)

**Phlkxkbh** · 03-02-2009, 09:17 PM

The thing is Loft, the ones that CAN fight it will, and will get the lions share of whatever fund is left, leaving only scraps for the majority.

What I am suuggesting is a look at past salary records and other things and try to re-structure the pension plan to cut out that enormous balloon at the top end.

Will this ever happen? No.

As for letting GM flop, I am 50% with that. I would like to have more work done to see where the money is going. I would like to know who we would need to save to provide the most good and kep the support structure in place for a revamped company.

IOW, what would we need to do to help the supporting companies and other individuals available for when GM restarts so that they have the least amount of downtime? Paying to keep the sinking barge afloat is not the best way to solve this problem.

I also know what you are saying. Cutting it loose and letting whoever is tied to it sink as well is not the best either. But we have been presented with almost NO alternatives. Give them money or DOOM!!!!!!!

03-02-2009, 09:17 PM	#10
Phlkxkbh Join Date Oct 2005 Posts 406 Senior Member	The thing is Loft, the ones that CAN fight it will, and will get the lions share of whatever fund is left, leaving only scraps for the majority. What I am suuggesting is a look at past salary records and other things and try to re-structure the pension plan to cut out that enormous balloon at the top end. Will this ever happen? No. As for letting GM flop, I am 50% with that. I would like to have more work done to see where the money is going. I would like to know who we would need to save to provide the most good and kep the support structure in place for a revamped company. IOW, what would we need to do to help the supporting companies and other individuals available for when GM restarts so that they have the least amount of downtime? Paying to keep the sinking barge afloat is not the best way to solve this problem. I also know what you are saying. Cutting it loose and letting whoever is tied to it sink as well is not the best either. But we have been presented with almost NO alternatives. Give them money or DOOM!!!!!!!
	Quote