When considered globally, we have a false economy in the USA. We need to let the economy correct itself and if that means we no longer have an auto industry, then so be it! Imports are generally better and more reliable. Maybe we do not need to be in this industry anymore since others do it better.
NO BAILOUT! (A little late as conditional $'s have been provided).
Right On! The U.S. airlines are the perfect example of corporate America gone totally bad. Ask the pensioners of poor (ha) bankrupt United Airlines their opinion. I have not flown on a plane, except once to go to my mother’s funeral (unavoidable, unfortunately) since the mid-80s. The experience sucked, as well, with that ridiculuous, meaningless 2 1/2 hour-ahead-of-time security charade. I absolutely despise all U.S. Airlines. Terminate them, and then let foreign carriers worry about our air travel, I say. Bah. Humbug.
Non-Sequitor. Our government ought to regulate a certain few things: meat packers and financial houses, for example. They are doing a fairly good job on the meat packers, but Bush and his minions neglected entirely to regulate the financial sector, with the results you see.
But there is no relevance in your “reply” to the auto industry; you can’t regulate it, either, so don’t even try to bail it out.
YES! LET THE MARKET TAKE CARE OF THE U.S. AUTOMOBILE INDUSTRY!
The ONLY way the Big 3 will ever get a dime from me is through taxes so bail away! I’ll continue to drive a Toyota, Honda, etc.
You people are truely pathetic, listen to yourself! Honda this VW that benz this. All vehicles have problems, PERIOD! I have owned 5 Chevy trucks and 2 GMC trucks, I waited my whole life for my dream truck and last year I finally bought my first brand new GMC truck. So while you people bash the american auto industry remember so of us actually live in Detroit, you people are in for a sad reality if our auto industry takes a dump its not just detroit you we be bailing out! Millions of jobs are based around the auto industry. Not just in Detroit. As you buy your foerign cars just remember how much Japan or Germany or China give you in return, for that matter why dont you move over there. As you talk about Japaneese cars, the number one car in Japan is a GM!!! The problems with our country is not the big three its GREED, people want and want but when its time to give god forbid. Your tax dollars cant help a whole slew of your fellow americans (granted the unions should give up the grip) But you dont see a problem with billions spent on wars we dont need to fight. Aid to foerign countries. Multiple use goverment research projects. NASA spends more on shuttle missions than the big three are asking for, think about it…
It appears that the recommendations I made last fall, a forced restructuring with tough conditions attached is the way we are now going.
I suggested that the industry should be given a chance to restructure itself and shed brands and excess capacity. The only difference was that last fall Fiat was not on the scene, and I suggested a posible merger between Chrysler and GM with Chrysler dumping all their car brands and only retaining the Jeeps, minivans and some truck designs. I recomended that GM drop Pontiac, Hummer, GMC, Saturn and cut their dealerships in half as well.
In awe of the Pinto?
No. Free Market. Should have stopped taking advantage of the workers (THUS CONSUMERS) long ago. Want to bail this country out…quit giving the big bucks to the companies thowing it all out the window and give it the people…you and I. We will then spend thus we will push the economy forward. Giving it to those greedy people who have to have million dollar “retreats” and multi-million dollar offices…while all you and I want to do is put food on the table, live in a decent neighborhood, raise our children in schools that actually teach them and maybe just maybe be heard.
It must be easier to point out an error of someone than to add constructive material to the debate..Well, it looks like the jury is in, and the GM bailout paid off. The government made more money on the deal than it spent, and GM seems to be doing better. Although I was skeptical, and at the time, I thought GM deserved to die, I guess I was wrong.