The Mudcat Café TM
Thread #116323   Message #2499728
Posted By: DougR
21-Nov-08 - 09:20 PM
Thread Name: BS: Bail ***THIS*** Out!!!....
Subject: RE: BS: Bail ***THIS*** Out!!!....
L.H.: If the Big 3 are in as dire straights as most people agree they are, they should file for Chapter 11 bankruptcy and reorganize themselves, including re-negotiation of the bloated union contracts that management accepted many years ago. They have to keep labor costs much closer in line to their competition (Honda, Toyota,etc.)or they can't survive. Our government does a lousy job of managing itself, and it darned sure shouldn't be trying to run the car manufacturers.

Bobert: Sigh.

DougR