Tuesday, December 09, 2008

Save the Automobile Industry

Today's Link
Little Red House

Saying for the Day
When you finally go back to your old hometown, you find it wasn't the old home you missed but your childhood.
~Sam Ewing

Picture of the Day
Soon a Mantle

It looks like Congress is going to bail out the automobile industry by giving them tax payer money with very few strings involved.

That’s your money and my money they are giving away.
Now I’m not against saving the automobile industry. In fact I’m all for it. But we need a plan or just like the banks they will be back for more.
I have a bail out plan.
First all executive contracts and salaries have to be cancelled. We have to start with a clean slate.
Then the industry has to agree to a ten year basic executive contract.
That contract must contain the following agreements.
No executive including the CEO may be paid more than six times the average salary of the worker on the line.
That’s right you peg the executive salaries to those of the people who make the cars their income depends on.
Next you provide substantial bonuses to the engineers that design producible cars that are more fuel efficient.
Then you get out of the way and let them produce cars.
I suppose some of you are saying that a lot of management will quit under these terms.
Good! These are the people who brought the industry to bankruptcy. Let them quit.
Fill those positions with the best people from off the line.
What we need is a dedicated leadership that will be more interested in leading than their perks.
Now management will be in an honest position to negotiate with the union. The Union will know if management asks for a pay cut it will in essence be cutting its own pay as well.
These are drastic times. If we want to compete with foreign cars we need some drastic changes.
Congress can force those changes.
But it probably won’t.

News from Pigeon Falls
The little town in my basement where the trains still run, dragons fly, and life is back to normal
Homeland security arrived in force yesterday afternoon. They came in three helicopters and set up a base camp just outside the Bob Maki farm. Prior to landing they flew over the area and took pictures of what looks like a large shadow on the land. The shadow extends upward about thirty feet.
They brought with them huge searchlights that they then set up and aimed at the shadow . It simply absorbed the light. It had no impact, whatsoever. In fact none of the highly sophisticated equipment they brought had any impact on the shadow. Finally one of the men volunteered to go into the shadow . They tied a rope around his waist so they could pull him out and he took a walkie talkie with him, a very powerful walkie talkie. The idea was that if he didn’t contact them within a minute of going in they would pull him back. No contact came so they went to pull him back but the rope came with no person. Something had severed the rope.
The result of all this was panic. It occurred to these “ experts” that if the shadow continued to grow it might destroy all life on the planet. Something had to be done. It was suggested that the government might drop an Atomic Bomb and burn away the shadow not to mention Pigeon Falls.
Meanwhile Tammy and Tommy UK had failed in their attempt to find Herman. Tammy suggested they go and talk to Mabel , Herman’s mother. She might remember something from his past that could help them.
Will Herman’s mother help? Will they drop an Atomic bomb on poor little Pigeon Falls? Will it do any good? Where is Herman? What did happen to the scientist? And of course is Tommy UK really the undertaker’s kid?

Wrap Up
I felt a bit better today. We did get over a foot of snow with wind. Betty's Bible study was canceled.In the morning I worked on my link list. Then Betty and I worked on the layout. Then back to the link list. Then I visited eighteen blogs and left comments. Now I need a breathing treatment.


Blogger Janvangogh said...

Didnt they suggest an atomic bomb in one of the other plagues? What is with these folk in Pigeon Falls?

6:19 AM  
Blogger Peter (Worldman): said...

What you suggest, is a good recipe to save companies. The problem is, the companies are always run by guys who see the benefit of the shareholders and, of course, their own. Crisis or no crisis, that giants like GM, Chrysler and Ford are on the brink of bankruptcy is strictly managements fault. Our biggest bank (also huge worldwide) UBS goes through the same and parliament is just now discussing a package to save them. With one thing: Managers have to refund their million high bonuses they already got.

I worked for one of the world's biggest forwarding companies. It was 175 years old. It was run by people who knew what transport, logistics and cargo mean. And then came new management. They worried about the shareholder value. An d knew nothing about the business. Today (since 5 years), the company has disappeared. The people don't even remember it.

6:42 AM  
Blogger Melli said...

I bet you haven't written congress... it's a good plan. Next time I'm voting for YOU for president!

Pigeon Falls is being swallowed up by a Black Hole??? I sure hope Mabel knows something relevant... she can be a little forgetful sometimes...

7:36 AM  
Blogger Gingers Mom said...

Dr. John for President!!!!!

8:53 AM  
Blogger Nessa said...

I like your ideas.

9:15 AM  
Blogger Akelamalu said...

Your plan sounds like a good one! Please send details to our Prime Minister. ;)

9:21 AM  
Anonymous quilly said...

I'll go for your bail-out plan! Great idea.

I am glad Tammy & Tommy are headed for Mabel's -- and the military wants to drop an bomb on Pigeon Falls every year!

9:45 AM  
Blogger PS (PSanafter-thought) said...

Good, esp about paying the big bosses no more than 6x the salaries of the workers. What would the bosses be without the workers? The big shots don't know what it is like to live hand to mouth.

Read this http://preview.tinyurl.com/68vqeq

if you want a shock about bonus payments.

12:37 PM  
Blogger PS (PSanafter-thought) said...

And...I don't think that the car companies, or those big banks, etc. get our money. Our Government has to borrow it from China to give to them.

12:47 PM  
Blogger Carletta said...

I understand we need a bail-out plan - I just hope there are more stipulations than were with the financial bail out.
I like your ideas.
Your link of the day to Mary's Little Red House is a great one. I've admired her blog for over a year now.
Today's quote was right on for me. I've moved back here to where I grew up and the place is here but that me is long gone - I miss her. :)

12:48 PM  
Blogger Catch said...

I think you need a few moew people working on that mantle...lol...even the dog is trying to help!!

3:19 PM  
Blogger Alastair said...

I like your solutions for the auto industry, Dr John, you should think about running for office sometime :-)

Also, what a great quote to begin with, sublime and perfect on so many levels, thank you for sharing!

4:33 PM  
Blogger jmb said...

No kidding Dr John. This is the way it is in Japan. These fellows pull in enormous salaries and bonuses but for what exactly? They are no smarter than many others nor do they work harder than many others but somehow this situation has arisen.

Ugh snow! Pretty to look at at but so unpleasant to deal with.

6:43 PM  

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