The sheer lunacy to assert that if we allow - or even encourage - the Big 3 to go bankrupt and all those millions will suddenly become unemployed is to demonstrate one's complete lack of contact with reality. When one of the airlines went through Chapter 11 recently, they didn't stop flying, they didn't cancel flights, and the aircraft mechanics didn't go on strike. 'Bankrupcy' does not mean 'going out of business,' but provides a business some time to reorganize, rearrange debt payments, and strive to remain a viable business entity. While the Big 3 are begging for a bailout, the billions of our dollars they are asking for are really to be used by them to pay the bloated benefits that the UAW has extorted from them. (Has anybody notice that when any union goes on strike, the top brass still gets their paychecks? That's an example of chicken-sh*t leadership - "here, Johnny, do as I say, not as I do.")
Part of any business reorganization that the Big 3 needs must include the UAW and other unions, and if they don't want to fully cooperate and make the requisite concessions, they will have to suffer the consequences. I agree that America can make the best products in the world, given the right circumstances, but the intrinsic impedimentia of bad labor unions, government intrusion and corporate stupidity will trump the best intentions.
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One Big Ass Mistake, America
"Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end."
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