I think that a collapse of GM could be the last straw that pushes us into depression. I don’t think they should bail them out without fixing the problem, but they should knock the UAW’s wage scale down by about 35-40%, and management should be forced to take the union scale until they’ve paid off the US loans.
“I think the collapse of GM could be the last straw”
Free Republic is a bastion of freedom. The demise of the American car companies is a direct result of a government that has run amok. A policy of restrictions on corporations, private enterprise in general and an elitist, socialist mindset that has driven our jobs overseas, opened our doors to foreign companies while seeking approval of Europe, Asia and the third world. Our trade deficit spirals out of control and we are at the mercy of those who hate us. We cannot allow our car manufacturers to fail because of government mismanagment of our economy. Think about it. We are told that the American manufacturers are in trouble because they relied on SUVs and pickup sales, when they ought to have been making small fuel efficient cars. Really? What they were doing is providing the vehicles THE AMERICAN PEOPLE WANTED. It is the green environmental whackos that HAVE CREATED THE SENARIO THAT WE SEE TODAY. With the free fall of oil that may change!! Our Government has prohibited the exploration of oil, the development of coal, oil shale, natural gas and nuclear power plants. THEY ARE CO-CONSPIRATORS WITH AL GORE AND THE IDIOTS THAT FOLLOW HIM. In the name of free trade we have sold our soul to those that would destroy us. We should support our AMERICAN OWNED CORPORATIONS AND TELL THE WORLD TO GO TO HELL. Pass legislation that helps bring our jobs home and at all costs preserve our AMERICAN COMPANIES PROVIDING JOBS IN AMERICA TO AMERICANS.