[NavVet]

And remember this 15-20 billion is just a “bridge loan” until the next Congress approves the real bailout. So when your children are paying 50% of their income to the government to pay down this debt all so an unskilled laborer with a high school education can make six figures doing a job that a machine could do, just remember, you asked for it.

[taildragger]

I am not hoping for another bailout, I am hoping they can get their affairs in order and continue on the internal changes to move them towards profitiabilty in the 10'/11' time-frame, however I am not that dumb. And yes, may positve changes have been made that do not get talked about internally, they are reinventing themselves, at least on the engineering and manufacturing side. Toyota like work rules are being adapted by Ford, I am not so sure about GM.

I have to be honest with you, I think Chrysler will not make it and their money will be for the orderly dis-assemblage of them, Sad as it is to say, GM and Ford will be stronger without them as they pick up their market share.

It is not just unskilled line guys they are paying for as far as retiree bennies, it is salaried as well, many my wife's former coworkers many good engineering types.

I am well aware of the debt we leave my kids, This is a warning shot to the lugs in all three branches to Fix SSI/Medicaid/Medicare or spin them off into a 501(c)(3) like the Canadians did with their Air Traffic Control system to make it work.