How many of you work in the industry? I can say that I wouldn’t say fuck anything that was not in “MY” interest like some of you are obviously doing. This is not a bailout, its a loan. The banks got a bailout and then proceeded to have million dollar parties. How many of their CEO’s were required to leave for the FREE FUCKING MONEY they received?
Ford seems like they can get by without the money but are asking for a safety net. GM has so much overhead that it needs to restructure, this would include as they have said, dropping the shitty cars like Saab, Saturn, Pontiac, Hummer I think a few more. I don’t know much about Chrysler but I thought they were part owned by Germans? If that is the case then Germany should be involved in these talks.
Bottom line N.A.F.T.A. (worst thing EVER conceived by democrats) started the downfall, the banks escalated it. To get out of it it may require a LOAN, unlike what the banks got BAILOUT.