Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama suggests some auto execs should lose jobs
AP on Yahoo ^ | 12/7/08 | Philip Elliott - ap

Posted on 12/07/2008 12:45:13 PM PST by NormsRevenge

CHICAGO - President-elect Barack Obama announced support Sunday for a short-term government bailout of the nation's carmakers that is tied to industry restructuring. He also accused auto executives of a persistent "head-in-the sand approach" to long-festering problems.

Obama said Congress was doing "the exact right thing" in drafting legislation that "holds the auto industry's feet to the fire" at the same time it tries to prevent its demise.

In an appearance on NBC's "Meet the Press" and later at a news conference, Obama at one point suggested some executives should lose their jobs.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections; US: Michigan
KEYWORDS: autoexecs; automakers; bho2008; ceo; detroit; illegalpresident; losejobs; obama; obamatransitionfile; opap; ossociatedpress; suggests
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-70 next last

1 posted on 12/07/2008 12:45:13 PM PST by NormsRevenge
[ Post Reply | Private Reply | View Replies]

To: NormsRevenge

You know what is going to happen....they are going to install F.O.B. in there...


2 posted on 12/07/2008 12:46:49 PM PST by BurbankKarl
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

From a man who never ran a business or made a budget.


3 posted on 12/07/2008 12:47:14 PM PST by golfisnr1 (Democrats are like roaches - hard to get rid of.)
[ Post Reply | Private Reply | To 1 | View Replies]

Chrysler CEO Robert Nardelli (L-R) and Ford Motor Company President and CEO Alan Mulally take their seats to testify about a proposed government bailout plan for the US auto industry at a hearing of the House Financial Services Committee on Capitol Hill in Washington, December 5, 2008. (Jonathan Ernst/Reuters)


4 posted on 12/07/2008 12:47:29 PM PST by NormsRevenge (Semper Fi ... Godspeed)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BurbankKarl

Friends of Barack.....like his leadership corps the Wall Street Journal reported on.....all black.


5 posted on 12/07/2008 12:47:46 PM PST by BurbankKarl
[ Post Reply | Private Reply | To 2 | View Replies]

To: NormsRevenge
Obama ultimately, with his marxist and command economy ideology, wants to make all such decisions. He and his apointees, who will carry out his policies, will lead this nation in precisely that direction.

OBAMA, THE STOCK MARKET, AND ENERGY

All the more reason to work our hardest to try and influence the GOP Senators, who do retain the filibuster, to develop some manhood and patriotism and stand in the way of it wherever they can.

EVERYONE PLEASE WRITE YOUR GOP SENATORS TODAY!

6 posted on 12/07/2008 12:47:59 PM PST by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
I can go along with that now how about those POS shaking the cup on wall street.
7 posted on 12/07/2008 12:49:12 PM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

I don’t care what Obama thinks, but I do care what Freepers think: do you all think the auto industry’s problems are primarily due to the unions pricing the product out of competitiveness or because these corporations have poor leadership? I’m beginning to think they are twin faces of a common reality: I keep running into more and more young managers who only want to work 40 hours a week, enjoy a six week vacation, and who care less and less about the bottom line, provided their salary and benefit demands are met. What think ye all?


8 posted on 12/07/2008 12:49:28 PM PST by farmer18th (George Will: Conservative, as long as the Newsweek People Don't make Fun of Me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

Obama goes after the auto exec’s but what about the union bosses that DEMANDED a contract the company couldn’t afford? Not a word on that I guess.


9 posted on 12/07/2008 12:49:31 PM PST by teletech (Friends don't let friends vote DemocRAT)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
Obama and Dodd should be in prison for their connections to Fannie Mae and Freddie Mac.

But noooooooo, the treasonous slimebags are running our Nation and planning to put other people in prison?

Unbelievable!!! Just unbelievable!!!!!!!

10 posted on 12/07/2008 12:49:47 PM PST by Prole (Please pray for the families of Chris and Channon. May God always watch over them.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge
Obama at one point suggested some executives should lose their jobs.

Yes, if you drive a major corporation into the ground, you should lose your job.

11 posted on 12/07/2008 12:50:52 PM PST by trumandogz (The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
[ Post Reply | Private Reply | To 1 | View Replies]

To: golfisnr1

Heck, I don’t see how throwing money at the problem is going to fix it. They must be allowed to fail, so that they will downsize, and come back smaller, stronger and more efficient.

Plus, their workers making obscene amounts of money due to unions doesn’t help, either.


12 posted on 12/07/2008 12:51:53 PM PST by wastedyears ("Al Gore is an apostle of arrogance." - Vaclav Klaus, Pres. of Czech Republic)
[ Post Reply | Private Reply | To 3 | View Replies]

To: NormsRevenge
Chris Dodd says GM's Chairman Rick Wagoner might be required to step down.

“I think he has to move on,” Dodd said, noting that GM was in the worst shape of Detroit’s automakers. “I think you’ve got to consider new leadership.”

What kind of Bizarro World are we living in where Chris Dodd says people should be fired for incompetence?? Dodd is the single biggest factor for the economic woes in this country and should be in federal prison by now.

13 posted on 12/07/2008 12:52:09 PM PST by Azzurri
[ Post Reply | Private Reply | To 1 | View Replies]

To: teletech
Obama goes after the auto exec’s but what about the union bosses that DEMANDED a contract the company couldn’t afford?

Why would the Auto Executives sign a labor contract that they knew they could not afford?

14 posted on 12/07/2008 12:52:47 PM PST by trumandogz (The Democrats are driving us to Socialism at I00 MPH -The GOP is driving us to Socialism at 97.5 MPH)
[ Post Reply | Private Reply | To 9 | View Replies]

To: trumandogz

Reminds me of a little computer humor back in the day.

What do you get when you cross an auto executive with a vampire?

autoexec.bat


15 posted on 12/07/2008 12:54:20 PM PST by dfwgator (I hate Illinois Marxists)
[ Post Reply | Private Reply | To 14 | View Replies]

To: NormsRevenge
Obama at one point suggested some executives should lose their jobs.>>>>>>>>>>>>>>>>>>>>>

He has to stop this sort of thing, or he will not make it past the first year.

16 posted on 12/07/2008 12:54:42 PM PST by Candor7 (Fascism? All it takes is for good men to say nothing, ( member NRA)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Azzurri

He has still not shown any proof of payments on the sweetheart loan (gift) from Countrywide.


17 posted on 12/07/2008 12:54:58 PM PST by bert (K.E. N.P. +12 . Save America......... put out lots of wafarin)
[ Post Reply | Private Reply | To 13 | View Replies]

To: NormsRevenge
He also accused auto executives of a persistent "head-in-the sand approach" to long-festering problems.

As opposed to Congress, which applies a persistent "head-in-the @$$ approach" to long-festering problems.

18 posted on 12/07/2008 12:55:09 PM PST by DTogo (I haven't left the GOP, the GOP left me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NormsRevenge

So should most members of the house of “representatives”.


19 posted on 12/07/2008 12:56:08 PM PST by TruthBeforeAll (The easier it is to vote, the more stupid and lazy people will vote.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: golfisnr1
He and his wife did succeed in paying off their student loans before retirement.

Now, the biggest problem the auto industry faces ~ the arrogance of its automobile sales managers.

We've all met them. Their counterparts on the production side have been running these companies into the ground for the last 5 decades.

No doubt Obama got to see some of their Congressional testimony ~ on a smoke break most likely ~ a very long smoke break in fact. And all at once it inescapably occurred to him, just like it did to virtually every Freeper, all the union guys, the folks with stores, school teachers, housewives, teenagers with drivers licenses, grandparents, uncles, aunts and maybe even a few RINOs, "I've met those guys ~ they tried to sell me a different car than the one I wanted or could afford".

I doubt you need to run a business to recognize who the top guys at the BIG THREE are. You don't need to know much about budgets to get that sinking feeling that these guys are trying to screw you again.

20 posted on 12/07/2008 12:56:16 PM PST by muawiyah
[ Post Reply | Private Reply | To 3 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-70 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson