Senate Does Not Pass Big 3 Bailout

12/11/2008 10:16:00 PM

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In case you have missed it.

Via CNN

And yes, I believe that the Big 3 should cut salaries, and cut hourly wages and benefits.  If that is what it takes to keep the Big 3 going, and to keep jobs, then so be it.  Which is better?  The Big 3 trying to do business as usual and going bankrupt, or cut expenses, bring the workers down to normal people level until the crisis is over, so they and other industries still have jobs.  What makes the Big 3 so special they shouldn’t have to suffer along with everyone else?

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