[TCats]

The Big Three keep pointing to ‘Legacy Costs’ as the reason they cannot compete as if these costs were dumped on them by some aliens. The fact of these overhead costs is testament to the decades long mismanagement on the part of all three. The can was kicked down the road until the end of the road was reached.

BTW, if anyone thinks these Legacy Costs are unique to the Automakers I invite them to examine the full accounting of the balance sheets of the Fed/State/Local Gov’t entities. The only difference is that these entities have not yet reached the end of the road but the end is in sight - And it will be reached sooner than most expect. JMO

[Uncle Sham]

"BTW, if anyone thinks these Legacy Costs are unique to the Automakers I invite them to examine the full accounting of the balance sheets of the Fed/State/Local Gov’t entities. The only difference is that these entities have not yet reached the end of the road but the end is in sight - And it will be reached sooner than most expect. JMO'

Liberalism is dead and has been bankrupt for quite a while now. The politicals know this and with the help of the Marxist-Style-Media have simply kicked this can down the road so the ones currently in power don't get annihilated by the anger of the masses when the shit hits the fan. The "porkulus" is their final kicking of the can. It's gonna get ugly. Especially for THEM.