Businesses do fail Look at all that were big but gone, Governments fail....We are protected under the Constitution. But are not we already doing it?

My friends are really confused....every year they get laid off for a few weeks at a time - a couple times a year......poor management??????

I was not blaming the workforce for bad corp decisions. I was suggesting that perhaps they should have seen the writing on the wall when the big three were losing money ten years ago and "jumped ship" before the decisions got so bad that the companies went broke. I did it myself years ago....saw the writing on the wall and jumped ship. Six months later the company folded and the employees got nothing, not even wages.

It really is a catch 22

i can sympathize with both sides on this.

There is no doubt that the good old corporate boys club, fumbled the ball for two decades now[ really since the mid seventies] as to what they should have done just like the rest of the businesses that should have looked at alternative energies then, but yet pressure was not kept on them to do so after the gas crisis was over back then - so who's to blame really?

Then there's the problem of the subsidiaries who supply the big 3 with parts be it here or over seas mfg.'s, there businesses[ though dependant on the big 3] were sound, they were not in trouble, nor were they asking for bail-outs of any kind. those are the ones that will really be hurt and they number more than those working for GM or the others, that's what makes it both scary and sad.

The answer really isn't as simple as it looks or seems. No matter what road is taken, calamity is going to follow.and it doesn't stop with their suppliers, for they support other businesses and companies as well, nationally and locally. this will affect even very small specialty businesses who have grown and been dependent on GM and others for there very existence.


You can say it's there own fault, and i can't disagree, it is our "we the people"' who let it get to the point it has without stepping up to put a stop to it and depended on those we chose to govern and handle these thing that have gotten us into the present situation, but the fact is we are now here and answers have to come, decisions have to be made, we all will have to take our lumps - like it or not. i see the worst to come yet, maybe as bad as the great depression, who knows, and all the Obama's in the world cant stop it, if the wrong choices are made.

how long do you think it will be before japan and china or europe, etc., stop investing in us as they have been if they see things getting worse? and then what? calling in there held IOU's from there investments here? i don't think anyone has a real clue as to what bad shape we are really in.
how bad bush and the whole administration has F**ked things up for everyone, and again we have no one to blame but ourselves.

I'm sure the Taliban and the rest are smiling from ear to ear over our situation here, and saying your defeating yourselves, we don't have to.

JMO.

they should be forced into Chapter 11. Then the law will require them to reorganize the finances and management. That'll drag em kicking and screaming out of the 70's

Sort of like A little "fine tune-up"
Oh, dear....it is bedtime....

Lindyy

with the crap the big 3 build, a tax payer funded bail out is an insult to US.!!!

try to keep your big 3 car on the road for 4-5 yrs.. costs are outrageous. I don't call that quality!!!

Time of reckoning is at hand. Go chapter 11, re structure and get there Sh*t together and make a affordable vehicle for the 21th century..

These companies force suppliers to cut costs, make parts at marginal or no profit, and dictate the rules.. Well time they step up to the plate and suffer the consequences..

Burn baby Burn so long Gm, Ford, and that ex Dailmer company.

If they get bailed out, does anybody have any idea if the cost of new cars will go up or down?

hahahahahahahahahahaha

sorry Winxie, I'm laughing with you not at you

up up up

Then we're screwed twice.

Once for the bailout and again with higher prices.

They already made money with the high prices of new cars. I've never had a new car.

cost of new cars will go way down...

can get a russian lada for 9000 dollars...LOL
new cars will be cheap and disposable...like toasters, kettle, computers, the whole frigging world is becoming disposable...including our jobs, homes, future...

make a deal with castro...bring back all those 50's cars in cuba...sh*t...there still run, and easy to fix...and look great too...

i would love to have a 57 chevy....for 700 bucks...not 60000 like those collectors want.

We do ned to wake up Winx

I have a Hyundai and its the best car ever!!