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Thursday, December 18, 2008
Automakers Bailout
The auto makers think that we MUST bail them out on their terms, or the whole country will collapse. The pity is, they may be right. What sticks in my craw is that they're not even talking about taking a pay cut. Everybody knows automakers have one of the best pay/compensation plans in the country. Like the CEO's, I think they need to tighten their belts a little. Why should we bail them out if they're not going to meet us half way?
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