View Full Version : GM going out of business if they get denied.

12-12-2008, 10:54 AM
I didn't really understand it all when I heard it, but if I'm correct, GM was waiting on a mayor to decide an important decision due to their stock dropping and they will be forced out of business if things don't improve. Does anyone else know about it?

12-12-2008, 03:24 PM
Wouldn't surprise me, when the unions have torn out the heart of the company and fed it to the employees. No one needs to be making $77.75/hr (http://www.cbc.ca/money/story/2008/04/18/gm-caw.html).

What they need to do is tell everyone "Take a massive pay cut, or take an even larger one when we lay you off." The implementation of unions is broken.

12-12-2008, 03:29 PM
holy crap 77 an hour
i would love to be making that much
btu i agree with mal

12-12-2008, 03:36 PM
What really makes me angry is when those same employees who are laid off say "There's no way we can live on only $15/hr!" The idiots don't save a penny when they're making more in one month than many people make in a year. They don't even deserve those jobs.

Edit: Forgot to add that the no one should get a "bail out". If they get free money now, they won't learn to stop spending more than they make. Morons.

Edit: Just found this: