Big 3 Automaker bailout

The new proposal by both Democrats & Republicans in Congress for the government to get a chance to share in future profits by the auto companies, require them to limit executives' pay packages & prohibit use of the funds for lobbying or paying shareholders dividends is worse than the original plan. 1. Nothing will improve as long as the management from the CEO on down stays at the Big 3. 2. If we taxpayers give the Big 3 $25 Billion as an investment, what guarantee is there that they'll implement their plan?-they could return in 3 months to 1 year & say they couldn't implement any of their proposals in the plan due to circumstances beyond their control, the $25 Billion is gone & we need more money. Since we the taxpayers will have already invested $25 Billion & won't want to lose that money, we'll give more money. We might as well turn on the faucet & let the water continue to go down the drain.

Requiring them to limit executives pay packages should have been in the first $25 Billion bailout. Are there going to be monetary penalties if they don't comply?

Prohibit use of the funds for paying shareholders dividends. This also should have been a requirement in the first $25 Billion bailout because shareholders would revolt if they didn't get their dividends, some of our seniors use these dividends to supplement their living expenses-if it was I guarantee you the shareholders would have voted these executives out of office due to their incompetence.