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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (436385)	11/23/2008 6:39:02 PM
From: i-node	Read Replies (2) \| Respond to of 1574002

Wrong. I have been talking about this for years. It isn't a new phenomena. It comes up ever so often. The point is, that to YOU, someone who doesn't know crap about the work these people do, it seems like overcompensation. (For example, the recent discussion of these guys flying corporate jets to testify, is just fodder for liberal idiots who can't do the arithmetic to understand why that was the right business decision). But for boardmembers who DO understand the task at hand, they understand just how important it is to have the right leadership. You have been TOTALLY wrong about the automakers' managements. Totally. The problem never was about management. The reason these guys get golden parachutes is because they realize that when the ship goes down -- AND ALL OF THEM EVENTUALLY DO -- they'll be taken down with it. The problem with the automakers is that past managements wouldn't take the heat to allow a strike to happen and to starve the f*cking unions out. They should have. But they knew THEY'D take the heat. So they caved. And today's managements are having to live with the consequences. If the automakers want to become competitive they are going to have to have Congress get rid of the unions or have a bankruptcy court do it. I don't know if it matters which. But without that, they will never be able to compete no matter how much or how little the execs are paid.