Congressman to Big 3: "You Are Not Listening!"

Why don't these congressional leaders (or their staff) sit down privately with the auto execs and hammer out a plan, getting the execs to agree to concessions, re-organizations etc. in exchange for assistance? It would seem much more productive than these public debates.

"You are not listening" remark by congressman to "Big 3" - - Thank you are telling them "in public forum" what has been so obvious to so many for so long - - I have been connected/disconnect with GM all of my life...they even helped me earn an engineering degree [from GMI] 44 years ago. How could management be so clueless for so long? What ever happened to customer service. Almosts seems oxymornor....service and "Big 3"

I have been buying GM for past several months but will not bemoan losing it all if that is what it takes to get their attention. Seems like they are unwilling to "bite-the-bullet" unless Congress pulls their plug...oops, did not mean to infer Big 3 have plug-in autos - enough rambling - again, thanks for your "Listening" remark. Doug Millikin, Irvine, CA [own CTS, S10, & Malibu]

The Big 3 aren't in denial. They think the American public is stupid and they can threaten everyone into giving them what they want. I was appalled Sunday while watching football that GM was advertising the 2009 Hummer. That tells everyone how arrogant Rick Wagner and GM really are. Ford and Chrysler aren't any better, they had ads for their luxury pick-ups. Not a single ad for a family sedan was to be had. Further, while GM is actively promoting the Volt on public radio, it is an overpriced, impracticle car. Why didn't they put the plug-in technology into the Malibu? Because they are not really committed to making this technology available except to the few that can spend $40-50,000 for a car.

"denial" - is this guy kidding. 25 Billions dollars worth of denial? 3 Private jets is not denial.

It's arrogance. The 'Big 3' should now be called the The 'Big Zero' and get down off that high horse.
They need a good dose of humility and strict guidelines. This should be a loan that needs to be paid back.
Before the taxpayers loan them money, we should all demand a detailed acount on what will change and how they are to spend the money.
Let the top execs get NOTHING UNTIL this thing is turned around and the debt is repaid.

Also, for goodness sake, no more jets please AND no more parties and/or vacations. If they want to eat cake, let them pay for their own cake.

The automakers are in bed with the oil companies, the unions, and the parts makers. I wish there were a way to punish the "Big 3" without hurting the blue collars. People need jobs, but the execs are already so rich that their family will be taken care of for decades. Just say no to bailing out the big 3! I got room in my basement to lend a cot to the people that need it.

The American people should contact their Congressman/woman and say "Hell No" to corporate bailout!!!

These CEO's need to cut their salaries, management and workers to keep the auto industry afloat!!

Cut waste were ever!!!

They should borrow money from the oil industry!!!

Maybe they should borrow money from the oil companies.
Good idea.

I for one can't afford a 40,000 dollar or more car bring your prices down so ordinary people like me can afford to buy American cars. I live in Canada and do you think they would lower the price of these cars no we pay over 10,000 dollars more for the same car in the U.S. you CEO's don't know how to run a business you take private jets were ever you want your salaries are ridiculous to say the least and you have the nerve to ask us to bail you out. Show us by rolling back your salaries and showing the public you arent' greedy BLipping BLipping you know whats. I'm tired of bailing out these companies when there CEO's make over 25 million a year know wander the companies are going under. Also why don't you lower the price of a car you would sell alot more to the public by lowing the prices than selling to the few. Give us a break the only ones hurting her are the employee's under your guys thumb. EJ

I'm with Independent Fighter you said a mouth full. You are so right about the auto-industries being in bed with the oil companies. The middle class and others have to fight to survice and like you said these CEO's and there families will be living off our sweat for years. The government should put restrictions on this bailout and make sure these CEO's give up there private jets and high salaries. We tax payors are fed up with CEO's and there lies.
EJ

If the big three CEOs are not willing to take a salary cut and put their money where their mouths are, then we should tell them to take a hike. They are a lot like the last Washington administration, out of touch with reality. I feel bad for all the little guys that will lose their jobs, but maybe that will be the push this country needs to find alternative energy and build the country's infrastructure, thereby creating much needed jobs.

If the big three CEOs are not willing to take a salary cut and put their money where their mouths are, then we should tell them to take a hike. They are a lot like the last Washington administration, out of touch with reality. I feel bad for all the little guys that will lose their jobs, but maybe that will be the push this country needs to find alternative energy and build the country's infrastructure, thereby creating much needed jobs.

I love the quote "You don't want to put your last tourniquet on the dead guy!"

1) Why is Toyota, Nissan, Honda and KIA not asking for a bailouts for their plants in the USA? Because they are competitive, customer focused, and well run.

2) If GM, Ford and Chrysler enter bankruptcy they will be bought and their assets will stay productive. Sadly their unfunded pension liabilities will be wiped out plus there will be job losses. Is the Federal more likely to bail out the pensions or the companies?

The Big 3 will enter bankruptcy and be restructured.

Just traded in my 2001 Ford truck. Waited thru the recall for a simple wire harness for the cruise control, and drove for a year with my CC disabled so my truck wouldn't "catch fire in the middle of the night." For a simple wire harness.
My new Nissan was built just 200 miles north of the Gulf Coast, my mileage is awesome and the first oil change at the dealership was, to my amazement, a pleasure. Fast, professional, and no-nonsense-a far cry from ANY experience I had at ANY Ford dealership.