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Bail Me Out!
By Ron | November 14, 2008
You have to bail me out. I haven’t sold enough books on my blog site here, so I need to be bailed out. I going to make it easy for you - instead of going to the government and ask for my handout, I’m coming to you directly. Just send me money and lots of it. Come on… I’m not asking for billions like the rest of them; just a million or so.
All kidding aside, gang, isn’t this whole thing ludicrous? I live in a capitalistic country… or do I?
I’ve been to the Small Business Administration in the past, and believe me, it was hard to get a loan. Even after I presented them with a workable business plan for my venture, they wouldn’t loan me a dime. Now the automobile industry goes to the Big Business Administration (Washington) without a Business Plan and is probably going to get a huge loan. Does anyone believe that GM can stop losing $5000 per vehicle with their present labor contract in place? How are they ever going to repay this “loan?”
When are we going to realize that the old Management-Union model doesn’t work anymore? This country is almost “manufacturing-less” because of it. And… guess what - the cities are next. Most of them are on the brink of bankruptcy due to the same problem that the auto industry is having - the labor and benefit costs are staggering.
So, forget them. Bail me out; it’s cheaper.
Topics: HR |