The bailout.

Since no one really cares what I think I find it funny to post my thoughts. I guess you could call it a release. The car industry wants some money to stay afloat. I worry that we the taxpayers are prolonging the inevitable. Let em go bankrupt. Here is why. The unions have positioned themselves in a way that overly rewards the workers with hefty packages. All the way through retirement. I understand that $2000 of every car built goes directly to employees benefits and retirees as opposed to a much smaller amount going to car manufacturers like Nissan and Toyota thereby cutting the competitive edge for an American car. Not to mention the top brass raking in the cash with their fleet of corporate jets and the like. I think to make them competitive and clean the mess up we need a clean slate. That is the only way that you will be able to deal with the unions and the old guard. Clean house. Bring in some young innovative thinkers. Up to date on all the new technology. Lets bust up that good ole boy system and lets get competitive again because we are making good cars now thanks to the pressure from the competitors. So I see bankruptcy as not a bad thing. Sure, we will suffer short term in the economy but in the long run I think we will soar. With our new elected representatives I am confident we will not see a bankruptcy though . They are beholding to the Unions that help put them in office and they are not about to disappoint their base. Hey, just my thoughts. Peace.