posted 08-25-2014 07:03 PM                    

quote: Mike Blakesley

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Maybe you'd prefer a country where the salaries are regulated by the government, would that be better?

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Maybe that might not be a Bad Idea; Then a $10,000 Car wouldn't be costing a consumer $25,000. The CEO is just the tip of the iceberg. as you go down the ladder to ASST CEO,PRESIDENT,GENERAL MANAGER,REGIONAL MANAGER,ETC. ALL these people are also paid Millions of Dollars even when some of the companies were showing Red Ink. Maybe you like seeing see a Car Price jump a couple thousand dollars or more Mike. I think the Auto Industry has become one of the biggest consumer Ripoffs in History. If with all the Bells and whistles; I would still take a 55 built Cadillac over a 2014. Everything Plastic and Composite but cost more than custom metal. People just accept the Auto Industry raising the price of a Car each year and the Big Brass getting Pay Raises plus Bonus's that are in 7 figures or higher,,,

If you agree with a CEO's pay then campaign for him to get more Money so you can pay more for your next year's car

posted 08-25-2014 07:54 PM                       

quote: Steve Matz

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Maybe you like seeing see a Car Price jump a couple thousand dollars or more Mike. I

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posted 08-27-2014 12:26 AM                       

quote: Steve Matz

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One of their excuses was they couldn't take an ordinary plane fight because of Security Reasons. What a load of BS.Most Americans wouldn't know they were even sitting next to the CEO of G.M,FORD,or Chrysler and could care less to boot. Their Arrogance and Stupidity on that Venture showed me that they think their better than the common man.

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Well...I agree that was a bad p.r. move, but arrogant, not so sure. Heck, even small companies have private jets. My wife works for a company that has one. It's just way more practical for their executives to get around -- they can visit maybe half a dozen places in a day using the jet, where if they flew commercial they would have to find flights, book tickets, maybe make connections, and basically go through all the hassles of flying (which we all know and hate). It would waste a ton of time and they would only be able to get a fraction of the traveling done vs what they can do using the jet.

Security? I don't doubt that any of those guys could pass through an airport un-recognized, but when you are a highly-placed person you just never know who might be "lurking" for you. Who knows, their company's insurance policies may even REQUIRE them to use private transportation or at least have a bodyguard along for the ride. So I don't begrudge those guys their private jets. A better move for them may have been for all 3 of them to come to D.C. on one jet. As for the limo....well, you need to get from the airport to the destination, right? A limo is just a fancy taxi.

The economy was deep in the toilet when those automakers went looking for assistance. You can't blame all of it on their "arrogance." The bottom line is, if any of the them had gone out of business this country would have lost hundreds of thousands of jobs, and overseas automakers would have been happy to pick up the slack. So the government helping them out was a good move in my book. (Actually, Ford never asked for a bailout.)

I fear if we get any deeper into this subject we'll be in forbidden political territory so maybe we better just agree to disagree on this one.

posted 08-27-2014 02:24 AM                    

quote: Steve Matz

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It's their Arrogance that pisses me off more than anything. When the Big 3 CEO's wanted Congress(TAXPAYERS) to Bail them out a few years ago. They still took their Private Jets to Washington, and were Limoed right up to Capitol Hill essentially begging for Money.

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So, if they asked for the same amount of money but drove in Pinto's, you'd be happy?

And incidentally, GM and Chrysler paid back the money they got plus interest and while Ford argued for the bailout, they didn't ask for themselves to get money; they argued that if the other 2 companies imploded, then so would the companies that make supplies for all 3.