Comments on: Bankruptcy Best Plan For A Better Greener Auto Industry http://inspiredeconomist.com/2008/12/15/947/ Discussing the people, ideas, and companies that redefine capitalism and inspire positive change Tue, 17 Jan 2012 19:20:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Global Patriot http://inspiredeconomist.com/2008/12/15/947/comment-page-1/#comment-1393 Global Patriot Tue, 16 Dec 2008 18:17:17 +0000 http://inspiredeconomist.com/?p=947#comment-1393 This is a complex situation. While the free market view states that companies should be allowed to fail, those hurt the most are the workers - both at the big three and in supporting companies. So there is a strong desire to save the companies in support of the employees. But that approach creates a dangerous situation in which company executives can trash their own company, counting on the federal government to bail them out when times get tough. The question in my mind is: How can we protect the workers while making the executives accountable? This is a complex situation. While the free market view states that companies should be allowed to fail, those hurt the most are the workers – both at the big three and in supporting companies. So there is a strong desire to save the companies in support of the employees.

But that approach creates a dangerous situation in which company executives can trash their own company, counting on the federal government to bail them out when times get tough.

The question in my mind is: How can we protect the workers while making the executives accountable?

]]> By: Global Patriot http://inspiredeconomist.com/2008/12/15/947/comment-page-1/#comment-37767 Global Patriot Tue, 16 Dec 2008 18:17:00 +0000 http://inspiredeconomist.com/?p=947#comment-37767 This is a complex situation. While the free market view states that companies should be allowed to fail, those hurt the most are the workers - both at the big three and in supporting companies. So there is a strong desire to save the companies in support of the employees. But that approach creates a dangerous situation in which company executives can trash their own company, counting on the federal government to bail them out when times get tough. The question in my mind is: How can we protect the workers while making the executives accountable? This is a complex situation. While the free market view states that companies should be allowed to fail, those hurt the most are the workers – both at the big three and in supporting companies. So there is a strong desire to save the companies in support of the employees.

But that approach creates a dangerous situation in which company executives can trash their own company, counting on the federal government to bail them out when times get tough.

The question in my mind is: How can we protect the workers while making the executives accountable?

]]> By: Tim Fralick http://inspiredeconomist.com/2008/12/15/947/comment-page-1/#comment-1388 Tim Fralick Tue, 16 Dec 2008 09:18:13 +0000 http://inspiredeconomist.com/?p=947#comment-1388 I hear grumblings like this a lot in the media. Let the the Big Three go through Chapter 11. And last year around this time I would have been all for it. But can't we wait? Let unemployment go down to manageable levels. Also manageable levels as far as the stock market. What a year or two and let the companies fend for themselves. It makes more sense to me to let the market steady out then let nature or social Darwinism{call it what you like} to take its rightful place. I only say this as an unemployed factory work. If the Big Three sink too fast who takes the blame for the misery that creates? I hear grumblings like this a lot in the media. Let the the Big Three go through Chapter 11. And last year around this time I would have been all for it. But can’t we wait? Let unemployment go down to manageable levels. Also manageable levels as far as the stock market. What a year or two and let the companies fend for themselves. It makes more sense to me to let the market steady out then let nature or social Darwinism{call it what you like} to take its rightful place. I only say this as an unemployed factory work. If the Big Three sink too fast who takes the blame for the misery that creates?

]]> By: Tim Fralick http://inspiredeconomist.com/2008/12/15/947/comment-page-1/#comment-37766 Tim Fralick Tue, 16 Dec 2008 09:18:00 +0000 http://inspiredeconomist.com/?p=947#comment-37766 I hear grumblings like this a lot in the media. Let the the Big Three go through Chapter 11. And last year around this time I would have been all for it. But can't we wait? Let unemployment go down to manageable levels. Also manageable levels as far as the stock market. What a year or two and let the companies fend for themselves. It makes more sense to me to let the market steady out then let nature or social Darwinism{call it what you like} to take its rightful place. I only say this as an unemployed factory work. If the Big Three sink too fast who takes the blame for the misery that creates? I hear grumblings like this a lot in the media. Let the the Big Three go through Chapter 11. And last year around this time I would have been all for it. But can’t we wait? Let unemployment go down to manageable levels. Also manageable levels as far as the stock market. What a year or two and let the companies fend for themselves. It makes more sense to me to let the market steady out then let nature or social Darwinism{call it what you like} to take its rightful place. I only say this as an unemployed factory work. If the Big Three sink too fast who takes the blame for the misery that creates?

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