THE ASTEROIDS ARE STRIKING THE CAR INDUSTRY
Dr. Laurie Roth
November 21, 2008
The asteroids are striking! Cars will be smashed. What will people drive if we aren’t given billions? We will go down in heaping flames and cars will cease to exist. At least that is the view of the desperate shrills of Daimier Chrysler, Ford and GM to congressional leaders.
Lets look a little closer at the body of the dying patient on the table…more light please nurse. First of all lets look at their average wages. Thanks to CNSNews.com we now know that the average worker at DaimierChrysler makes $75.86 and hour. Ford, on average pays their workers $70.51 an hour and GM averages $73.26 an hour. The bottom line is that even with some of these numbers including retirement costs, pensions etc….it still averages about $133,000 per year per worker. Isn’t that special? In a time of national melt down and the car companies allegedly going down the toilet, the average worker desperately struggles with a lowly 100,000 plus salary? Oh horror of horrors. I can hardly process the suffering and pain.
Interestingly, the average worker in the U.S., you know, the forced bail out crowd, makes $28.50 an hour. Isn’t that grand? The $28.50 folks get to bail out the $75.86 folks. For me, the same ‘eyes rolling in the back of my head’ happened when we heard of the AIG executives going to 3-400,000 retreats, padded with every benefit that a visiting King would get. Of course, naturally, we hear that you have to pay big bucks to get ‘the talent.’ They are used to a certain standard of living, on and on. Don’t you just love it when folks in Media, congress and big business remind us of what the big dogs are “used” to.
We hear endless discussions and statements from Paulson, Bernacke and the heads of major banking, investment, and now major industries about the endless need for bail out funds. As I said would happen months ago when the gravy train of socialism and rescues started, the line would get bigger and bigger as the $28.50 club got robbed again and again. Now we see states lining up for the money and once Obama gets sworn in prepare for countries to line up for billions. Actually, the struggling countries won’t have to do much begging, Obama will just start writing checks and redistributing our soon to be fossilized wealth into the hands of tyrants like Prime Minister Odinga in Kenya and others.
A LITTLE ADVISE FROM MOI
for all the struggling companies and states suffering and now morphing that into begging for bail out tax money I say:
* CUT SALARIES DRASTICALLY!
* REORGANIZE YOUR COMPANIES!
* GET PRIVATE LOANS OR INVESTORS TO BUY YOU TIME
* IF LOANS OR INVESTMENTS DON’T WORK, SHUT DOWN YOUR COMPANIES
* LAY OFF EMPLOYEES WHERE NEEDED
* RETOOL WHAT YOU OFFER AND SELL. ANALYSE AND RESPOND TO THE * MOST CRITICAL NEEDS THAT CONSUMERS WANT AND CAN AFFORD
* NO FANCY RETREATS AND UNBRELLA PAY OUT PACKAGES.
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WORSE CASE SCENERIO! I WILL SING AT YOUR COMPANIES FUNERAL!
Lets only rescue the perishing who have done everything humanly possible to cut costs and address their losses not fund the greedy who think they are entitled to something!!!
� 2008 Dr. Laurie Roth - All Rights Reserved