And NOT because they are on the verge of bankruptcy, no no no, it’s this statement that REALLY gets me:
The challenge is that all three parties negotiating with Chrysler will want to see terms of the other deals before they agree to their own deal. That’s because Fiat, banks and the unions will all likely end up owning a stake in the troubled automaker. The value of those stakes depend upon how much equity each party receives, and what Chrysler’s chances of avoiding bankruptcy are.
It’s like a man dying from exhaustion in the desert with the vultures circling overhead. He has to NEGOTIATE with his arms and legs to get them to continue forward, even though the chances of survival are unknown. HOWEVER, the arms don’t want to do anymore work than the legs and the same goes for the legs! Basically, because everyone now has a stake in the survival, they don’t want to do anymore work than anyone else. DO THESE MORONS EVEN SEE THE FUCKING VULTURES?!?!?!
If everyone sits around bickering about who is gonna do what and how they are going to be compensated, the vultures will have eaten their eyes out before they realize they are dead….
If one fails THEY ALL fail!
The government (and by proxy you and me) should have NEVER gotten involved with the auto makers. We should have let them fail. It would have been the slap in the face we, the mindless sheep that are the American populace, needed to get our lazy McDonald’s filled asses up and on the way towards recovery.
Instead we are allowing a SECOND administration to play fast and loose with our money.
In my opinion, the needs of the many (the American taxpayers) out weight the needs of the few (the auto workers and unions).
FUCK CHRYSLER! I hope they go bankrupt and get torn to pieces. Maybe once GMC and Ford sees what happens when you truly screw the pooch, they’ll stop pandering to the lowest fucking common denominator and start acting like responsible companies.
But i know better than that. Ten bucks says that come April 30th, some political wrangling will go down inside Congress and they’ll either get their money ‘with strict conditions’ (re: BULLSHIT) or they’ll be bailed out just because we ‘cannot let this American institution fail’ (re: BIGGER BULLSHIT).
I got the kinda change we need for those sleazy, old, corrupt bastards in government…IT’S RIGHT HERE!!