These sure are tough times for the US auto industry. It looks like there is plenty of pain to go around with the deep cuts at GM. I don't think that Washington ought to get involved in bailing out these companies but putting more scrutiny on corporate executives who continue to be paid handsomely while cutting below is certainly in order. I just don't see the value-add that these so-called corporate leaders are bringing to the table that can justify the skyrocketing executive salaries or worship that they are receiving.
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