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They Don't Have A Clue
I read this article a few minutes ago, and realized that the big wigs at these companies (Auto, Banks, Mortgage, Insurance...you name it) don't have a CLUE how to trim fat from their budgets. Private jets? $500.00 bottles of wine?? Luxury resorts??? Those are the things that should be cut first. It's a no-brainer! This literally made me sick to my stomach. How in the HE** can they ask US to foot the bill for their oversights and lack of planning for these lean times???? Is it right to ask the American taxpayer to sacrafice yet again, to save their miserable butts, when it is getting harder and harder for us to make ends meet ??? I am outraged!! I say let them lay in the beds they have made for themselves. Maybe they should try selling their possessions, like many Americans are having to do to survive. We don't have anyone bailing us out. Enough is enough.


I love it when a snarky comment is right on target! Good one, lep. ;-)
Biblical economics should start with "render unto Caesar"....etc, IMO.
I totally agree, Lauren! And, why should the very people that got these companies into trouble be rewarded with anything? They should be replaced immediately, without a pretty severance package.
I cannot for the life of me understand how these fat cats can get bonuses in companies that are supposedly losing money. When I was running a corporate entity, my bonus was based on the bottom-line profits. No profits, no bonus...period. Why doesn't that apply here, I wonder.......
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And there's no sense crying over every mistake
You just keep on trying 'til you run out of cake.