What do we do with Ford, GM and Chrysler?

What the H3LL do we do!!!!!!!!

It’s like this . . . Ask the questions:

1. How many millions did the executives make over the past 10 years?
2. Are those people still making millions now as they’re asking for corporate bail money?

If the answers to these questions are:

1. 1,000 million, and
2. Yes

Then you’ve got serious problems. In all actuality, we already know the answer to these questions. Here’s the problem:

Jobs!

As much as you’re unhappy about the first two answers to the first two questions, you have to realize just how unhappy you’re going to be if these companies completely collapse and thousands lose their jobs. It just sucks.

The purpose of companies are multitudinous. Some say that companies exist to enrich shareholders. Some say that companies exist to make products and provide services. Few say that companies exist to either enrich shareholders or make products and provide services FOREVER! That’s the key.

We must realize that a company is nothing more than what the people that own it think it should be . . . Some companies exist under the same organizational paradigm as they did when they were founded 50, 100 or even 150 years ago. That doesn’t mean that all those years become meaningless as soon as the people running the company decide to no longer follow whatever rules they were following before.

Now, MoneyKing understands that these companies use tactics like advertising that they have been in business for a zillion years and that means they’ll never change and that you can trust them, but . . . you know who to trust. Trust TheMoneyKings.com when we say that none of that BS means squat as soon as the board of whatever company is in question decides to simply change their minds for their own self-interests.

It’s their perrogative.

What about the social contract, MoneyKing?” Great question. What about the social contract?

Maybe it’s time for this country to think about that; maybe it’s time for us to think about our society and our companies and just what we’re trying to accomplish now in the 21 Century.

You see, it’s not about the damn cars. It’s about us. What do we do about the cars? What do we do about us?

Here’s some recommendations:

1. Bail out 2 out of the 3 automakers to keep as many jobs as possible, but realize you’re going to lose about 35% of them right out the gate.
2. Force the automakers to eliminate 80% of the lines that no one wants to buy anymore.
3. Require them to focus on 3 lines of hybrid vehicles for consumers under the philosophy that the majority of Americans don’t need to transport themselves with fossil fuels.
4. Offer the vehicles to the masses.

Just some recommendations . . . You got any better ideas?

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