I would never say "Let Schenectady go bankrupt".
.....................................................I was born here.
Oh, don't get me wrong. I have, from time to time, passed judgment on this old soul. When I went to a SUNY school in Buffalo, I looked to my home visits with dred. Tears even.
But that is why I would never wish its bankruptcy.
Love works that way.
It is a blend of the pleasure and the pain. It takes in history; reminds me of my humanity; and yes, my link to spiritual morality
Watching an opinionated journalism show on MSNBC, I heard that candidate for POTUS, Mitt Romney was born in Detroit. The same Mitt Romney said "Let Detroit go Bankrupt". He wrote an article titled "Let Detroit go Bankrupt" in the Opinion section of the New York Times.
Truthfully until I was thinking about the title and his relationship to the city of Detroit, I had not read this article... so I gave it a go.....
Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
I love cars, American cars. I was born in Detroit, the son of an auto chief executive. In 1954, my dad, George Romney, was tapped to run American Motors when its president suddenly died. The company itself was on life support — banks were threatening to deal it a death blow. The stock collapsed. I watched Dad work to turn the company around — and years later at business school, they were still talking about it. From the lessons of that turnaround, and from my own experiences, I have several prescriptions for Detroit’s automakers.
He looks at the people of not only the business, but the city as burdens to be manipulate. These people are the fiber of the company. They are the blood, sweat, and tears. They are not responsible for the fickle buying trends. They put the labor in and deserve the benefits (pension) they were promised. By declaring bankruptcy, they are robbed of the debt owed them. They will never be reimbursed. This is how Trump wormed his way out of debt. This is how some people with "excellent lawyers" get them out of paying lawsuits. It is cold and ruthless. It seems as though compromising and negotiating has been replaced by "get the hell out of the way" and "I want... what I want.... when I want it"
- It is devoid of not only humanity but intellect. Think about it. There is an art to compromise.
- It is bulling at its most destructive. It goes beyond the pain inflicted on one individual and expands it nationally.... even globally.
- Only the few bare the fruits of the reward.... and they would cut the throat of one of the others to get their share.... and hoard it.
First, their huge disadvantage in costs relative to foreign brands must be eliminated. That means new labor agreements to align pay and benefits to match those of workers at competitors like BMW, Honda, Nissan and Toyota. Furthermore, retiree benefits must be reduced so that the total burden per auto for domestic makers is not higher than that of foreign producers.
- For someone so critical of President Obama for apologizing to other countries, why is Mitt asking our corporations to bend to their business practices?
- Secondly, does Mitt take into consideration that country's politics? It astounds me that these "Corporate Republicans" wave the American flag, accuse Obama of being a "socialist", and then use China's Communistic control of its citizens for corporate advantages in creating a higher profit margin.
Second, management as is must go. New faces should be recruited from unrelated industries — from companies widely respected for excellence in marketing, innovation, creativity and labor relations.
New does not necessarily mean better ideas. New usually has to catch up to speed on the company and all of the facets involved. Although, I agree change can add energy. I would suggest moving people from lower management up, the people who are usually ignored, but have good ideas. They have a loyalty to the company. They have a history with the company.
Truthfully I find many aspects of Mitt Romney lacking basic humanity. I have no doubt he is truly good at making his fortune. He is cut throat and does not lose sleep on it. How has that helped the country? In my humble opinion, I believe the practices of Romney and Trump are the reasons we are in the trouble we are in economically. They revel in the meager stock of their successes, and leave behind a boundless trail of destruction.
- They don't see the depredation, because it is in human form.
I find it disturbing to hear political talking-heads speak about unemployment. They want to make the 8.1 % seem more ominous by saying, "Well what about the people who just gave up?"
Well..... What about them?
My brother has been out of work since 2001. Who was president back then? Does George W. Bush bare the burden of all those who have been out of work 10+ years?
...........................................................Well, yes and no.
Unemployment is a complex issue. You have to take each persons justifications separately. But, to do that you have to see each person.
When you go to the polls in November, who do you think is most capable of doing that?
- I would look at the actions of both candidates.
- I would look at the person they are.
- I would consider their complete morality