CNN

More jobs lost is not a
Good thing we need to provide
Them the minimum amount
Of support they need to
Survive

We should have let them go bankrupt before we gave them taxpayers money and the Politician's should have stop that process. We need to stop rewarding failure in this country because failure is not an option when it comes to the welfare of millions of taxpayer's lives in the balance.

Whoa!!!! why is everyone blaming the union. Not the executives, shareholders, wall street, lawyers, consultants, government.... No it's all the fault of the guy working the line for 40 / 40. You all have been hoodwinked by lairs to blame the union for the mistakes of others. How can the one with least to gain be the blamed for most of the loss.

Do, you really think if these guys got only 50K a year instead of 70K, everything would have been ok? Thats crazy talk, thats why there is a union to begin with.

Well, I disagree...it's not just the auto workers who would be affected....you are talking about entire communities becoming ghost towns....you're talking about hundreds of thousand of auto parts stores with no inventory (leading to closure)..you're talking about hundereds of thousands of cars that won't be serviced because there will be no parts.....then you are talking about layoff is essentially every community in America...this could go further to clothing stores with no buyers, food stores depending on food stamps for their bottom line, taxes going up at the Federal level to support the overburden system....need I go on??? What pisses people off is the lack of accountablity, to this day, of what the banks did with our money....and people have run out of trust in their government and the corportations...the con is over essentially.

Um... no one paid attention to public opinion when the majority were not in favor of the FIRST BAZILLION DOLLAR bailout idea, not one listened when the public said, let the banks fail and people were ignored AGAIN with ANOTHER BAZILLION DOLLAR bailout.... WHY, would anyone care what they people think or want???

It doesn't matter – there's a plan in the works to destroy our economy... why else would they pump so much money into a badly managed banking system and not make any changes in the leadership of those five banks – let's give more money, let them keep running them into the ground. Yet, we insist that the head of a car company step down for his bad management skills??

Smoke and mirrors! Some of us aren't stupid...

No nation has ever prospered without a strong manufacturing base and the automotive industry is the backbone of our manufacturing base. History shows that the Industrial Revolution turned us into the world's most powerful nation. History also tells us of how the automotive industry stopped building cars and started building tanks and planes to support our WWII efforts and took us to victory over the Nazis and Imperial Japan. More recent history includes events like 9/11 and Katrina, where the American 3 donated boatloads of money and resources to the recovery efforts, while the rest of the world's automakers looked the other way. The ignorance and lack of patriotism in this string of comments is appalling.

Nice to see so many Union "experts" pontificating here.

Fact Direct union labor accounts for just 12 % of what a new vehicle costs.
Fact The US automakers are the lowest paid of any industrialized nation.
Fact The unions created the middle class in this country.
Fact When the unions are gone, so goes the middle class with them.
Fact 1 in 7 jobs in the nation are tied or dependent on the auto industry..

How many of you folks were queried on whether the taxpayers should GIVE about 260 times what the automakers are asking in LOANS ?

Think before you speak.

For the big 3 auto makers NO MORE MONEY!!!!!!!!

The auto maker bailout was doomed from the start. This is going to be a lesson for future administrations to look back on and see what kind of things just don't work. " How not to govern".

Poor Nancy, and she was just so convinced this was such a wonderful idea! I'm sure the UAW still loves her.

Most Americans are not told that the Detroit 3 was the major deciding factor in WWII. It was not that we out strategized the Japanese and German armies, it was the fact that we out produced the enemies. Any member of the House or Senate that does not support these companies as a vital part of our ability to defend ourselves is on the take and not a true patriot. When it comes to building America's war machine, we shouldn't rely on the Japanese or Germans and certainly not China who has funded every enemy we have fought since WWII.

The bottom line is even if the car companies succeed in breaking the unions they will not be able to compete in the marketplace. I can't understand why americans continue to think that we can compete on a world stage where workers make pennies on the dollar compared to what U.S. workers make. I don't think it is protectionism to make foriegn industries compete with americans on an even playing field. Lets see china, Korea, and Japan start having to pay L&I taxes unemployment benefits, and the kind of State and local B&O taxes that american companies pay. The world economy is not raising those nations to the economic status that America once had. It is dragging us down to their standard. Meanwhile the tax and spend democrats want to blow up our dollar and spend us into bankrupcy, We are becoming a third world nation, and the government wants us to believe we have a tax base to support trillions of dollars in spending. I feel our days as the worlds superpower are over. Might want to think about learning to speak chinese, and forget about freedom. Hail Obama Lord of the american collapse

well the good thing to this story is when one sinks theirs always a new one to take its place! im sorry but thats it, yes that simple! why obama steped in to help, well i think he was just hoping for the best in such a great american car corparation that has so much history and founded in this great country U.S.A. GMC is one of the biggest at that! so i believe he was looking out for the american people! number of jobs which im sure the number of employes is at 6 hundred thousand, not including all the jobs that would be opend in finding a fuel alternative! and having other countrys buying our cars! hard to just let it sink, OBAMA IS a genius and he knows we will find the solution no matter what thats not the question! so dont get confused for his reasons, seriously please dont question that man if you could!

Do people not realize that if the big automakers go bankrupt that it also affects the thousands of smaller businesses down the line that supply parts & do contract work? Most of those are smaller maybe even family owned businesses. So in your haste to condemn the big automakers (and I dont' like how they've conducted their business myself) don't cut off & injure the innocent people down the line.

As a good American, YES! LET THEM GO UNDER!!!

Maybe it's time for them to learn from Toyota or others what it takes to attrack the American people to buy their cars. They missed the boat big time!!! Have you seen those prices of GM trucks, it's ridiculous!
LET THEM GO!!!!

"Urban legends" say the car companies have these patents for 100 miles a gallon engines, electric cars, etc. Should GM and Chrysler walk the plank, those patents would be an asset that would be sold in the liquidation. If they exist, it could be the start of a new "green" car company...
or a GM bankruptcy could the best thing that happened to Ford, Toyota, Honda, VW....

When did Americans stop looking out for Americans?
all for one, and one for..........me.
This is the kind of thinking that steered me away from the Republican party. People are crazy if they think the demize of any of the big 3 won't affect them directly. What will you drive when you loose your job.

When they go out of business you can always buy a better car from Toyota.

Going bankrupt is not the same as failing. Often companies will come out stronger than before by focusing on those things that actually make money. Chrysler would probably be bought out by someone. GM would reorganize and be better for it.

However, there are many perils with going bankrupt and if it can be reasonably prevented then do so... so long as the company knows what the hell its doing. Thus far I have little faith that they have a realistic plan. Hopefully they will make one and soon.

What the HECK has patriotism got to do with buying a car (or any other product for that matter)? I should buy a car because it is American, eventhough it is a piece of crap. No way partner. I buy a car because it will: 1. get myself and my family to where we am going safely, 2. provide me with good gas mileage, 3. doesn't cost me an arm and a leg to buy and maintain.
The bottom line here is make a quality product at a fair price or GO FISH!

@Jimmy Boy

It's not just the fact that poorly run companies can be replaced. I don't think anyone could intelligently argue that the greed of these car company executives superceded their long-term possibilities for sustained marketability.

However, the problem is two-fold.

1. These car companies resolutely refused to moderize their vision with current technology. That equates a huge profit/marketabilty hit.

2. The "cost" incurred in making a car includes employee benefits, such as health care (here in the United States). That doesn't happen overseas because the contracts go to companies that either have nationalized health care or... none at all. The US can't compete with those lower costs.

The auto industry is a critical part of our industrial base. It's foolish and irresponsible beyond belief to advocate their demise. Transformation, yes.

This just emphasizes how uninformed many citizens REALLY are. It would appear a lot of posters on this thread are equally uninformed.

goes to show how little Americans know about economics...

yeah sure, kill the UAW, then have your cars built by people making $9/ hr. that's gonna be a quality product!

Let them go bankrupt...

unless,

* certain dollar amounts of bailout monies are specified to be used for new technology car engine research

* manufacture and assembly must take place in the USA, if that's not possible then...

* contracts taken overseas must include costs of medical care to those people based on our average non-nationalized health care as a percentage of mark-up to cost.

* discuss how much non-nationalized health care is REALLY costing our nation

Don't kid yourself, if the auto companies fail that will mean millions of people out of work and that will throw us into an actual depression. Think about it, having millions of people out of work will mean serious deficits in tax revenue collections including social security. Also, it will cause a major chain reaction, these millions of people out of work will no longer be able to buy the goods and services that they currently do causing other businesses to go belly up and thus grossly decreasing our economy at a faster pace than it currently is.

Let Wall Street go under. Many of those companies created this mess. I'm tired of those greedy SOBs and their opulent lifestyles demanding more while we get less. Bail us out, not them!
When the auto industry in America can sell a reasonably priced, safe hybrid car, Americans will buy it.

Are these the same Americans who for the last 20 years have been buying cheap foreign cars? If they would have purchased American cars we wouldn't be in this trouble but it is always easier to point the finger of blame at the auto makers, isn't it!

For all the "let 'em fail" guys.

I think you will find that you will not like it if you are the only one with money and you're surrounded by the people who you let fail, and their hungry kids.

I'm not in favor of just giving handouts, but this is an extraordinary situation, and it will call for extraordinary measures.

It might also call for losing some of your "it's not my problem" attitude. Unfortunately, it might not be, but that doesn't mean that actually matters.....

All of you do realize that bankruptcy doesn't necessarily mean that they shut the company doors and fire everyone, right? Bankruptcy more often means reorganization. The companies will be freed from a lot of their debts and their contracts, particularly with unions and executives. The people hardest hit will be their creditors and suppliers.

Before you start screaming that it's not patriotic to allow these companies to "fail," a few important points. First, they have already failed; I'm not sure how else exactly you would describe their situations. Second, if you are patriotic, you will be a patriot and let the system do its job. Stand behind your own product (the USA) if you will. And finally, "patriotism" is no excuse for blindness to greed, no matter how much certain people in business and government want to hide behind its thin curtain.

I have never belonged to a union and I don't endorse unions, but if Americans believe that the UAW is the main reason that the automakers are in trouble, you are a bigger moron than I thought you were.

go the republican way made in china they seem to like that label

American cars haven't been AMERICAN for decades. Get your facts straight. Nissan's factories in Tennessee hire AMERICANS. Same with Honda and Toyota. What does America do? Ship their cars to Canada and Mexico to be assembled.

1. take all the CEO bonuses. perks. trips.. partys. over blessed saleries...... and do an audit on the company... to add all this to the company 'pot'

2. Praise, Brag... Promote FORD who has NOT taken any of the Peoples tax moneys !!

We are all growing gardens, sitting home, trying to save lil bit , living on STRICT budgets to get by..... What will we do when we have to PAY THIER bills??? CAN YOU AFFORD THAT??? I cant !

Let them see how the rest of us do it .

While we are at it , we can allow the totally mismanaged cities, and states to go belly up also.

Any one who tells me that bankruptcy wouldn't cause any problems is living in a delusion world, but what's happening in public opinion doesn't surprise me. It will be interesting to see the final results, forget the real causes of what caused this devastation, let's destroy them while we can. Just think, we might be able to get a 50% cost cut off a car. Personally I feel for all the workers, but let's get them all, buy foreign cars. mm mm

I wonder if my fellow Americans realize what it means to let our automobile industry die?

This is no time for Defeatism, but for new and bold ideas!

We need to give up the idea of Hummers and SUV's and focus on developing the best electric cars in the world... come on America, since when do we give up so easily?????

f you are anything like me, I wont step foot into another dealer show room until Detroit creates cars with more alternative choices.
Detroit wont win until they build cars that consistently:

Get 40 mpg +
Different Cars with different fuel choces (Gas/Hybrid/Biofuel/Electric)
Sales price < $40,000

An organized bankruptcy is the best thing that can happen to the auto industry.....................the first thing they need to do is to get their costs in a 2009 reality..................................health care costs for retirees...............hourly pay for workers is outrageous.......work rules etc. They will be much stronger in the end! Good luck to all involved

Seems I recall that most if not all of the major Airlines have filed bankruptcy at one time or an other and they're still in business. Let the auto industry do the same and same all those billions Obama wants to give them for his other feel good social programs.

Yup.
Someone pointed out the other day that when it comes to emission regulations, safety regulation, fuel economy regulation... US auto makers kick and scream and say "Let the MARKET decide!!!!"
Well the market decided.

Your cars suck.
We hate your SUVs.
We can't afford them.
We don't want to keep propping-up government's who finance terrorists by paying high prices for oil (at least I don't).

I haven't driven a car in over years, and I don't miss it a bit.

@ Tom and Jim,
How patriotic are you about buying an American car that isn't even made by American workers?
Patriotism has jack to do with my wallet. I buy what I can afford and build QUALITY is very much an issue.
My last "American" vehicle was made in Canada (Chevy Silverado) and it was a hunk of junk.
A brand new car is not supposed to BURN 2 qts of oil every 3 months.
Now I know why the truck came with a 7qt pan instead of the usual 5qt.
GM refused to fix and actually had the balls to tell me it was "normal".

My Honda is made in Alabama by American workers who's salaries feed into the American economy.
In my opinion, it is an American car (minivan actually).
More so than my Canadian Chevy was or my neighbors Mexican Ford.

Hear! Hear! I couldn't agree more.

People, do you not realize the damage this would do. It would not only have an impact on the employees, but every aspect of their neighborhoods. Small businesses (delicatessans, small stores, any type of business the workers support) and their suppliers would find a decrease in their business, resulting in more problems for the economy. There was an article recently about a porta-potty business that had to lay off half of its workforce due to a decline in business from his customers. Most people do not consider the trickle down consequences of letting a major company fail. Think about it.

If GM files Chapter 11 more than 600,000 retired employes will lose his or her retirement pension and health care. Do we want this many individuals to be add too the already large number of uninsured people in this country?

GM fire the unions, they are nothing but troublemakers. You do not need them. Use your own heads. You overpay employees because of the union.

If you think the economy's bad now, wait until GM and Chrysler go bankrupt.

They'll be counting monthly job losses in millions, not hundred thousands.

Get ready.

If GM files Chapter 11 – all of the 600,000 retired employees will lose his or her retirement pension and health insurance. If this happens then the Government will have to provide medicaid and some form of income for all those under the age of 65. I found the individuals answering this poll to be uninformed about the down fall if GM files Chapter 11 and that also bankruptcy is controlled by the Federal Government – so they will not leave this many individuals out in the cold.

Jimmy Boy April 9th, 2009 4:36 pm ET

Workers, don't worry. The void created by these poorly run companies will be filled by new and compentent companies. It's not like the void will just sit there. People who know how to do REAL business will take advantage of this opportunity.
--------------------------------–
Tell that to all the US steel workers that are still unemployed from when their companies went bankrupt.

A void in an industry does not necessarily get filled where it was created. It will be outsourced like everything else in America.

I'm sure another manufacturer will attempt to fill the gap on the supply side, but I doubt they would setup shop in the US, let alone bring in the UAW or any of its workers.

Why do you suppose the foreign automakers in this country pay their employees 22 dollars per hour plus benifits? Its simple, they try their best to keep out unions. If the unions fail, the people in those factories will begin to get wages of 8 dollars per hour and no benefits.
The anti union people on this blog will also make less money and by reading most of your jealous anger, I would have to say if that happens we will be paying less for a Big Mack!

How sad. This will have a devestating ripple effect on all areas of the country, from car dealerships, to auto supply outlets, to main street. While I certainly do not condone what Detroit's done to end up in this mess, I'm going to hate like hell to see, literally, millions lose their jobs. If any industry should have been allowed to go bankrupt, it should have been Wall Street.

I guess the saying is true, people care more for those who shower before work, than those who shower after work.

I agree buying Japanese cars and Korean cars is one of the reasons we are where we are today, and yes, it is your right to buy a Japanese car or German, but be aware when you do who have played a large part in the decline of America's manufacturing base and turning the U.S. into a "service industry" world. Three quarters of the money you spend goes to countries overseas to help their economies and at the expense of our economy.

One of the most ironic bumper stickers I have ever seen was after 9/11.

It stated "We will Never Forget!" It was pasted on the bumper of a Toyota Camry a car from Japan, the only country that has ever attacked us on American soil.

So, obviously we do forget!

AMEN!!!! Let them go broke.

"In December, two-thirds say auto bankruptcies would create major problems or a crisis for the U.S. economy. Now most say that would only cause minor problems or no problems at all."

Bingo guys and what's big word used here? December, let me repeat that to you...De-cem-ber! Want me to spell it? LOL!!

Now why in December they would prefer one? Can you explain your analysis to me or you want mine? I'll do it for you, I'll go back in the archives, I have no problem, LOL!!

Let them fail. They aren't failing because of the economy, they're failing because of the economy AND because their products suck. Thats business.

Ditto to "We (or Us?) The People"!

@ Rebeka asks,

"what did JESUS DO!!!"

--

He'd walk or bum a ride with one of his disciples!

Geez you liberal idiots always try to bring Jesus into your political ideology... yet you're the FIRST to tell everyone else that killing an unborn child is a "choice". Right?

I support 100% what my friend in Santa FE states:

The US consumer lacks the most elemental patriotism. Nobody would object that he prefers a foreign brand
if its financially, economically and technically superior, but very much so if the localproduct is equivalent or superior. And much more so, if certain
persons and entities, motivated by their bitter feelings and the latter sometimes because of other "incentives", continuously try to demonize the US industry.

Let them fail. Maybe they will ditch the unions and stop overpaying their execs. then maybe they could make a profit.

I can't and won't believe that so many Americans want to turn over another part of the USA to foreign countries. Must be all the people that voted for Bush 4 and 8 years ago.
The auto companies are not poorly run and only suffering because no one can afford to buy a car. They will bounce back. Shame on any person that wants them to fail. That is just plain ignorance.

So the Feds guarantee the warranty, but what if there are no parts available? Will you have any recourse if your car sits in the shop for three months waiting for a second hand part to appear at a local junk yard after a wreck? It's easy to say let them fail, but many companies and people will be affected who do not work directly for the manufacturer.

Folks, GM is going to file for bankruptcy...they have no choice. GM has been in financial trouble for years, this was inevitable. Sad but it's going to happen.

Obama didn't invent the phrase "Never waste a good crisis!" That was coined by Rumsfeld, W. and Darth Cheney on September 12, 2001.

Let economic Darwinism do its thing. The companies that last will be stronger for it.

So the pollsters ask mostly half educated persons how a GM/CHRYSLER bankruptcy will affect the US economy ??

And also ask the enthusiast of foreign cars if these company should disappear ??

I really am surprised of the lack of patriotism of the US population. The consumers of any other car manufacturing industrial nation, beginning with JAPAN and KOREA, where 95% would never buy an foreign car even if its vastly superior and ending with Germany, France and Italy, which would generally not buy a foreign car if a even slightly inferior local one is available, much less a non-european one.

But the American consumer , arguing that the US cars are inferior (which was true about 20 years ago, but today is totally false) buy imports, even if in many cases, considering the relation price/what you get, is often vastly inferior and in the best case, equivalent.

Of course: who considers that a collapse of the US industrial base, just in middle of the recession, pushing at least over a million consumers to the street, which in turn would generate further millions, is a fair price to pay for the "right" of the US population to buy Japanese, Korean and German cars, should do so !!! Possibly he or she expects to get a good resale price after becoming unemployed !!!

What a bunch of asses! I may feel that way about some of those on Wal Street as well..you'll be thinking sink or swim when Americans start becoming increasingly desperate for work, health care ect... it is all of our responsibility to help one another!!! HELLO...who was he and what did JESUS DO!!! Americans have become disgusting to each other...

Reorganization might be a good thing.

Oooo. Nasty poll results. Payback for all those crapy cars they have been selling us for all these years...

Fix Or Repair Daily
Awful Miserable Cars
Jesus Chrysler!

I really don't know what willhappen. None of us do. What I will say is there are always what I call, Side Effects, that no one counts on.

Here's a perfect example. The Execs. at the company I work for thought there would be little to know effect to our US customers by sending a large portion of our jobs offshore. No one considered the long vacations (i.e., holidays of 3 to 4 weeks) employees take in other countries. Now when we need to get something done for a customer, we often have to wait on someone to return from holiday because whatever they are working on is NEVER handed off to a co-worker to complete... So forget about timeliness or customer satisfaction...

Dah...

I would not and will not buy another American made car. We've been there already and we lost big bucks. Never again!

Sadly, for those who are employed by the Auto makers.

I say let them die off....... that's what Good Ol' American Capitalism is all about......... eat or be eaten........ win or lose!

I also say let the crooks on Wall Street go under also!

I am a tax paying citizen too, but also understand that allowing the auto industry to go under is not the solution because it is not just about the auto industry. It will be a domino affect to so many other businesses, not to mention that the workers will be the real losers here. Is it fair to punish to millions of middle class workers in order to punish the CEO's. There should be a shift in top leadership for their part, but going out of business won't work not to mention how many people with lose their homes, healthcare, and unemployment which will burden us even further. Cause guess what, who do you think will pay for all of that, TAX PAYERS! Please try to understand the whole picture before reacting. In fact there is no win win situation here!

Let them go bankrupt. Yes.
Let them get rid of the unions. Yes.
No unions = a stronger car company and a better america.
No more unions.

If they hadn't jumped on the stupid, ill-advised Wall Street bailout, I suspect Americans wouldn't mind the auto bailout at this point. It makes a lot more sense than the Wall Street bailout. Having said that, I say let them go so they can get rid of those ridiculous union rules that are the real problem. The cars are good and getting better, so there's no reason they should end up out of business.
Oh, and Jon in CA, Obama doesn't want to take control of the auto business. He's busy enough cleaning up the rest of the mess the last eight years brought us.

I supported the first one for GM but it may be time to let them go and concentrate the efforts at keeping Ford afloat. Ford is in much better shape financially and I think America needs to maintain at least one auto manufacturer for security purposes.

I understand that GM cannot choose reorganization since that would take more than 100 billion taxpayer's dollars to pay GM's expenses during the reorg because they cannot get credit from the private sector while the reorg took place over the next 2 years. Therefore, they will liquidate instead of reorg. That would cause huge problems such as flooding the market with cheap cars in a time when no one wants them. Therefore, subsidies should go to Ford during GM's liquidation when everyone is buying GM’s cheaper cars and none of Ford’s since they would still be at market value. Also, the battery research and development program of GM should be moved to Ford and not sold during the liquidation.

Therefore, we could stop sending billions to GM of course we will still spend billions on unemployment benefits and health care cost for the hundreds of thousands that will lose their jobs both for GM and associated industries. It will be costly either way, but long term I think it is better to let GM go and liquidate.

It will very painful and disruptive for many, many people and I truly hate that fact, but, I do think it is time to try and save at least one American automaker and that should be the one that is most viable now.

Detroit car maker build fugly cars anyway.

AGREE let bad business fail. WAKE UP AMERICA we can not afford to pay for bad deals for the price of some pinhead in Congress’s political career.

Ditto! They should go through the process

The automakers along with the UAW. Maybe then after they reorganize without the UAW, we can be competitive again.

the only ones not getting the bail out is the americans that put these companies where they were...the execs put thier own companies down, and they get the bail out. now what wrong with this picture

GM at least would probably survive going chapter 11. They could reorganize and tear up the current UAW contract and negoiate a new one competive with the likes of Honda and Toyota. The GM Volt is by all accounts a high quaility small car competive in evey way with similar foreign models. But Obama said it is not vialble because it costs to much. It costs too much because the UAW contracts cost GM too much.

Bankruptcy would be okay except that for big companies the tax payer gets stuck with pension plans that the company gets rid of by court order. Look at what United Airlines did: they got rid of their pension and health care cost through court order, came out of bankruptcy and in less then a year gave their top exc. million $ bonuses. We need the Gov. and judges to stipulate that can not happen with any auto bankruptcy.

"News Flash" Social Security, MediCare, Unemployment are broke too. GOP's will be the first one's with their hands out to collect. Don't hear any complaining about that SOCIALIST PROGRAM?

I'm with Mobius! Let em sink or swim!

Let them fail along with the UAW.....................

Start by ripping up the UAW contract then GM might have a chance.

Most Americans don't understand the effect it will have on the industry as a whole, foreign or domestically owned, through the auto supply chain.

For national security reasons we need this manufactering base!

Oh no... unions are a huge constituent of the Democratic party and their votes can be delivered in an organized fashion. The Dems won't let large union industries go down no matter how much "we the people" have to pay to do it. Welcome to socialism. Once you have it it's hard to get rid of it. Kind of like certain other "social" diseases...

The fact of the matter is, the only thing our tax dollars are doing is prolonging the inevitable. The money they are receiving is only being used to fund fixed overhead, salaries, retirement, etc. There is nothing that is changing the fact that people are not buying new cars and the cars are too expensive. At least if they bankrupt, they will reorganize, which is what needs to happen. Logically, what positve reaction comes from our pumping tax dollars into their system? If you want to take the position that it is the "decent, right" thing to do, that still does not change the fact that each time they go through the last tax hand out, they will be back for more. There is no benefit to the population at large nor to the company itself.

I haven't purchased one of their cars in more than 20 years. I don't really care what happens to them. If they made a product that people wanted to buy they wouldn't be in this mess in the first place!!

Workers, don't worry. The void created by these poorly run companies will be filled by new and compentent companies. It's not like the void will just sit there. People who know how to do REAL business will take advantage of this opportunity.

The automakers need to either merge with other companies or go under. Simple as that.

News Flash: We also feel the same way about Wall Street, The Healthcare Industry and most Governmental programs.

Sink or swim on your own merits!

To quote the Obama administration, "Never waste a good crisis!".

Why would Obama let car companies figure out a solution to their own problem when HE could take control?