GM seeks $16.6 billion, Chrysler $5 billion, each would cut thousands of jobs

United States
February 17, 2009 6:17pm CST
http://www.msnbc.msn.com/id/29243150/ this is beyond nuts! they are wanting more and more money and yet they are cutting how many models they are making.. closing down like 5 factories and GM cutting 47,000 jobs and Chrysler 3,000!! so how are you going to climb yourself out of a hole if you dont make as many cars to sell?? i mean yeah wasting less money on production of cars that arent selling makes sense but you still have to have something to sell or are they just gonna take our money to get out of the red and not worry about paying us back or go bankrupt or something? this is all ridiculous!
1 person likes this
3 responses
@jillhill (37353)
• United States
18 Feb 09
I agree.....how can you make money unless you are making a product...and that means someones going to pay a bigger price for a new car....I think they do need to reconstruct their thinking....besides their companies.
1 person likes this
• United States
18 Feb 09
if it wasnt for the fact that we would lose jobs i would say let them sink and close.. but it doesnt seem that use trying to save them has helped save very many jobs anyways and is just screwing up the country..
@ktosea (2026)
• China
18 Feb 09
it sucks,but as far as I heard from the TV,if GM could not have a reasonable solution or plan,the American goverment will take the 9.9 billion back,I guess GM have no better solution right now but only to cut jobs.50,000 jobs been cutted,Oh my god,how could people live now?
1 person likes this
• United States
18 Feb 09
so they have to prove they have a plan for the money they already got but wouldnt more money kind of show that their plan sucks enough?? lol.. this whole thing is so irritating!!
@winterose (39887)
• Canada
18 Feb 09
yes these salaries are just disgusting, how they can profit so much and the little guy gets nothing.
1 person likes this