Posted By: Yam Digger on Thursday, November 20, 2008
I know it sounds like bitter medicine, but the best thing to do for the "Big Three" is to let them go into bankruptsy. Once there, the UAW will have no choice but to give into some serious concessions. After all, you can't threaten strike action with an employer that is in danger of no longer existing. That would amount to shooting yourself in the foot.If the government gives them this bailout, the "Big Three" will go back to business-as-usual....building ineficient, poor quality, gas-guzzlers that nobody wants, while the UAW holds the industry for ransom for all kinds of unreasonable demands. Give them a $50 Bil bailout, and I guarantee you, they'll be back in 5 years for more...and more....and more.But most of all, if the "Big Three" seriously want to halt the slide in their market share, they're going to have to take a few lessons from the Japanese automakers, and built the kind of innovative, reliable cars that people want...I'm looking at you Ford!!! (Fix Often, Repair Daily).Over the years, I've owned a number of North American and Japanese cars. The best car I've ever owned, is the 98 Toyota Corrola I'm driving now. The second best car I've owned is a 88 Honda Accord. Needless to say, when it comes time to buy another car, it's going to be a Toyota or Honda. The WORST car I've ever owned was a Ford Escort. It was a piece of JUNK!!!! When ever I had to fix that car...which was often, I couldn't help but wonder how a manufacturer could actually get away with building a piece of crap like this!?! If the "Big Three" really want to see the likes of me gracing their showrooms, they seriously have to do something about the quality of their vehicles.