Wagoner arrives in Wash.,DC via private jet

Who does he think he is a US Senator? LOL

"George Orwell" wrote in message

> Rick travels by private jet to Washington with tin cup in hand to beg for
> billions in public funds! What's the matter with First Class commercial
> liner? Or jet-pooling with your fellow beggars, Alan Mulally and the
> butthole from Chrysler, whose name I have forgotten due to insigificancy;
> at least you all could have split the gas money on that $30,000 each-way,
> two blow-jet kerosene guzzler.
>
> Wagoner hasn't figured out yet the facts of automotive life yet. He still
> believes 500 h.p. Corvettes are relevant for Los Angeles commutes where
> traffic creeps along the freeways at 5 mph during the rush hour. Anything
> with 500 h.p. should be 1000 feet above the traffic cruising along at 125
> mph. In fact 125 h.p. will actually do 125 mph in "cars" made by Cessna.
> Grow a brain, Rick. The world needs 1200 pound twin tandem seat 4-wheel
> streamliners that go 75 mph at 75 mpg with 40 hp 3-cyl turbo diesels.
>
> The Volt will be the final nail in GM's coffin. So it will go gas-free for
> 40 miles. Is that 40 miles on a fresh, fully charged battery on a warm
> day,
> flat road, low speeds, open highway, minimum load? What about on a frigid
> day, snowy roads, up and down hills with a six-year-old battery? It better
> have a strong gas engine tucked beside its quarter-ton battery or be
> followed every it goes by a tow truck. I predict a three-year-old Volt
> will
> have a resale value the same as the whole of GM's common stock - Zero.
>
>
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> https://www.mixmaster.it
>
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

"Mike Hunter" wrote in message

> Who does he think he is a US Senator? LOL
>
> "George Orwell" wrote in message
>
>> Rick travels by private jet to Washington with tin cup in hand to beg for
>> billions in public funds! What's the matter with First Class commercial
>> liner? Or jet-pooling with your fellow beggars, Alan Mulally and the
>> butthole from Chrysler, whose name I have forgotten due to insigificancy;
>> at least you all could have split the gas money on that $30,000 each-way,
>> two blow-jet kerosene guzzler.


It was a rather dumb move. After the publicity of the AIG parties you'd
think these guys would have enough brains to fly commercial for such a trip.
Image matters.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

In article ,
"Ed Pawlowski" wrote:

>
> It was a rather dumb move. After the publicity of the AIG parties you'd
> think these guys would have enough brains to fly commercial for such a trip.
> Image matters.

Of course, it was shown that the AIG party was a long-planned gala
for CUSTOMERS and that there wasn't a hig-level AIG honcho in a 100 mile
radius. Although I would guess this is further proof that image (as
opposed to reality) matters.
However, I would have to agree that if you come with tincup in hand
it is best to not do so in a Ferrari.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

anyone else remember back to the 70's when "The Peter Principle" was
the must-read business book, i.e. everyone rises to their own level of
incompetence.

I think that went by the boards when "Greed is Good" struck a responsive
chord.


There's a certain point where ego makes "perks" as important as
compensation.....some of these jerks think their dirt doesn't stink and
they are "entitled". Most of us start out to earn a living that allows
us to attain the life-style we desire, provide security for our families
and our own futures, and collect some toys along the way. It's another
"self-fulfilling prophecy" of our self-images. But there are those
whose egos know no bounds ......to some degree a good thing where
competition counts, but corporate culture has let it go unchecked.

Jack Welsh is still idolized as the ultimate CEO......when in many
respects he was just the schoolyard bully run amuck. Paid hundreds of
millions in salary, bonuses and stock options, his retirement package
includes lifetime use of GE condos, cars, private jets, vacations, etc.,
etc. In other words, he was motivated enough to be a ruthless tyrant,
rewarded by excessive compensation.......then doesn't have to spend any
of his own money. Why?

In 1980, a friend who was a GE employee took me to a warehouse and
showed me a stockpile of new '79 Town Cars.....purchased so GE execs
wouldn't have to suffer the indignity of being chauffeured around in
downsized Lincolns!

Car maker CEOs, AIG et.al. are just the tip of the iceberg. Will be
interesting to see what if anything will/can be done......while
thousands lose their jobs to leave enough cash to support excesses.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

On 20 Nov, 16:30, "Mike Hunter" wrote:
> It's a red herring, GM owns the jet, they did not rent the jet and time is
> money

And GM is on borrowed time and money
They will run out of both very soon
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

It's a red herring, GM owns the jet, they did not rent the jet and time is
money


"Ed Pawlowski" wrote in message

>
> "Mike Hunter" wrote in message
>
>> Who does he think he is a US Senator? LOL
>>
>> "George Orwell" wrote in message
>>
>>> Rick travels by private jet to Washington with tin cup in hand to beg
>>> for
>>> billions in public funds! What's the matter with First Class commercial
>>> liner? Or jet-pooling with your fellow beggars, Alan Mulally and the
>>> butthole from Chrysler, whose name I have forgotten due to
>>> insigificancy;
>>> at least you all could have split the gas money on that $30,000
>>> each-way,
>>> two blow-jet kerosene guzzler.
>
>
> It was a rather dumb move. After the publicity of the AIG parties you'd
> think these guys would have enough brains to fly commercial for such a
> trip. Image matters.
>
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

"George Orwell" wrote in message

> Rick travels by private jet to Washington with tin cup in hand to
> beg for
> billions in public funds! What's the matter with First Class
> commercial
> liner? Or jet-pooling with your fellow beggars, Alan Mulally and
> the
> butthole from Chrysler, whose name I have forgotten due to
> insigificancy;
> at least you all could have split the gas money on that $30,000
> each-way,
> two blow-jet kerosene guzzler.

How is this any different that enviro-freak celebrities who take
private jets to "green rallies." Or Al Gore who has a eco-disaster of
a home preaching about global warning. I wonder how the UAW big wigs
got to Washington. I also wonder how much the head of the UAW is
actually paid.

Is Wagoner overpaid? Not if he can save GM!

I definitely think Ford got it money's worth for Mulally. When the guy
first started closing plants, selling off stuff, and borrowing lots of
cash, I thought he was nuts. In fact everything he did was needed. The
problem is, if GM goes down, it will probably take Ford and Chrysler
down too.

I don't see how we can save all those banks that are clearly the cause
of the current financial crisis and not at least loan GM a few
dollars. I guess Republican bankers and stock brokers have a lot more
pull than a bunch of UAW workers.

Ed
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

"C. E. White" wrote in message
> How is this any different that enviro-freak celebrities who take private
> jets to "green rallies." Or Al Gore who has a eco-disaster of a home
> preaching about global warning. I wonder how the UAW big wigs got to
> Washington. I also wonder how much the head of the UAW is actually paid.
>
> Is Wagoner overpaid? Not if he can save GM!

The difference is that he should have know he was going to be under the
microscope.

His actions were stupid and arrogant., in light of his mission

He has not been able to "save GM", or show credible improvement.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

sorry to be such a curmudgeon, but can't resist:

remember the old "Bell Hour" tv show of the 50s & 60s? I always
enjoyed the commercials, many of which were about wonderful new things
that Bell Labs was working on. One was the Picturephone......and the
prediction was that soon businesses could hold meetings by Picturephone
and eliminate wasteful travel !!!!! Well, we've gone well beyond that
with the internet.....and yes, a lot of low-level employees get to spend
hours at their workstations taking online courses and training. But
what wasn't factored-in was reluctance of the bigger cheeses to give-up
their hunger for "important" meetings and conferences, i.e. free travel,
free stays at more expensive hotels than they would pay for out of their
own pockets, free food & drinks, free golf etc., etc.

One more: I can remember a 6th grade field trip to IBM to see the new
"computer" (whatever that was) on display. Damn thing was a hundred
feet long and probably had less computing capacity than a pocket
calculator. Once we were introduced to the basics of what the computer
could do, we had a discussion on possible future applications. One
example was how the streets would have sensors to monitor traffic, then
the computer would control the traffic signals to keep traffic flowing
as smoothly as possible, shortening our travel time and saving gas
wasted at red lights. 50 years later, it still takes an hour to drive
10 miles to work, but they can automatically send you a ticket if you
slid thru a yellow light !!!!!

Damn, I'm gettin old.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

"Gosi" wrote in message

> On 20 Nov, 16:30, "Mike Hunter" wrote:
>> It's a red herring, GM owns the jet, they did not rent the jet and time
>> is
>> money
>
> And GM is on borrowed time and money
> They will run out of both very soon

Owning a jet is very very expensive.
News at noon said that GM and Ford are claiming they could run out of money
in the very near future. Sell the f***ing jet.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

The guy that hurt Ford was Nasser. When he took over from Fred Pauling
Ford was selling seven of the top ten vehicles in the US


"C. E. White" wrote in message

>
> "George Orwell" wrote in message
>
>> Rick travels by private jet to Washington with tin cup in hand to beg for
>> billions in public funds! What's the matter with First Class commercial
>> liner? Or jet-pooling with your fellow beggars, Alan Mulally and the
>> butthole from Chrysler, whose name I have forgotten due to insigificancy;
>> at least you all could have split the gas money on that $30,000 each-way,
>> two blow-jet kerosene guzzler.
>
> How is this any different that enviro-freak celebrities who take private
> jets to "green rallies." Or Al Gore who has a eco-disaster of a home
> preaching about global warning. I wonder how the UAW big wigs got to
> Washington. I also wonder how much the head of the UAW is actually paid.
>
> Is Wagoner overpaid? Not if he can save GM!
>
> I definitely think Ford got it money's worth for Mulally. When the guy
> first started closing plants, selling off stuff, and borrowing lots of
> cash, I thought he was nuts. In fact everything he did was needed. The
> problem is, if GM goes down, it will probably take Ford and Chrysler down
> too.
>
> I don't see how we can save all those banks that are clearly the cause of
> the current financial crisis and not at least loan GM a few dollars. I
> guess Republican bankers and stock brokers have a lot more pull than a
> bunch of UAW workers.
>
> Ed
>
>
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

You are entitled to you own opinion not matter how convoluted it may be.
LOL


"Gosi" wrote in message

> On 20 Nov, 16:30, "Mike Hunter" wrote:
>> It's a red herring, GM owns the jet, they did not rent the jet and time
>> is
>> money
>
> And GM is on borrowed time and money
> They will run out of both very soon
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet 

To whom? Everybody is in trouble today, including the speculators who
caused the worldwide down turn buy sucking up too much of the worlds
discretionary spending money in too short of a period. LOL


"HLS" wrote in message

>
> "Gosi" wrote in message
>
>> On 20 Nov, 16:30, "Mike Hunter" wrote:
>>> It's a red herring, GM owns the jet, they did not rent the jet and time
>>> is
>>> money
>>
>> And GM is on borrowed time and money
>> They will run out of both very soon
>
> Owning a jet is very very expensive.
> News at noon said that GM and Ford are claiming they could run out of
> money
> in the very near future. Sell the f***ing jet.
 >> Stay informed about: Wagoner arrives in Wash.,DC via private jet