I'm not an expert on this latest debacle but I have a few questions.
1) I thought Toyota had pushed into the big three years ago, who's out?
2) Why isn't Toyota, Honda, Nissan, Hyundai, BMW, Mercedes about to go bankrupt? Maybe they are?
3) What has been the UAW's impact on the present state of affairs? Bad I assume.
4) I thought if these companies file for chapter 11 they still produce, sell, service and basically stay open while they restructure?
5) Why believe anything the guys and gals in Congress say? What happened to having a handle on the Mortgage meltdown? They are still figuring that one out.
Just curious....but who's next? The ship builders Union? The blacktop pavers of america union? The kroger meat packers union? (made these unions up)
I'm very pesimistic about HUGE corporations saying they need help. Especially ones like the Automakers who have had their way with the american people for how many years? These corps are corrupt like the gubment in fact I would say they are in bed with several of the people in congress. If they get help then there should be no bonus to any member of management until the money is paid back, NONE! Cut their daggone pay and figure out a way to get the union stronghold off their back.
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