To all the gentlemen who have posted before me............
I have to say I have really enjoyed reading your posts on this situation and agree in principal with your comments. Back in the 70's didn't we all say that the American Car manufacturers should build an economical car to cope with gas prices. What did they do? They imported a few new models made over seas then went back to their own ways of gas guzzling cars made of parts bought from the lowest bidder and continued to pay floor sweepers $35.00 per hour (thank you unions). They didn't learn then and now they are over the edge of the water fall. When I was in business, I had one chance to make it, no one backed me up with money in case I failed. If we continue this handout idea the real marketplace conception will die and capitalism will be substituted with socialism.
As I see it the only real bailout due them is bankrupcy which will lead to a judge busting the unions and allowing the manufacturers to put themselves together a game plan paying the workers competitive wages and now on a level playing ground with the foreign manufacturers.
God forbid the government get in the car maker business. They can't run a post office..........thats another story another time.
Handie