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First buzzed by: anonymous

Big Three want more money in bailout

Automakers submitted their turnaround plans to Congress Tuesday with the hopes of winning approval for a lucrative loan package they claim is necessary for their survival. » Full Story on CNNMoney.com

How about a compromise? I suggest the CEO's work for minimum wage for a negotiable term not less than 4 years.

Note: "minimum wage" is negotiable. A change to minimum wage would affect all minimum-wage-earning employees.

posted Dec 2, 2008 |
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I think you are on the right track. The CEO's of all the car companies along with all the other big CEO's that feed the big three need to go back to basics. No big money no free ride. They all need to go back to work for the same pay as the lowest paying worker they have in employment. Lower the price of their fleets. Why are we paying as much for a vehicle as we were paying for a house a few years ago? Cheap vehicles are around but when you are ready to trade it back in who will buy it back?

posted Dec 4, 2008 |
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