What Happens if the not so Big-Three-Fail
 

Open this up and click on the small photo at the top left.http://jalopnik.com/tag/What-Happens...ig-Three-Fail/

Would appreciate everyones opinions...........HUTCH

I say let them fail. Handing them money to line the CEOs pockets once more for them to finally say oh sorry we cant do it, or look some foreign company is gonna buy us.

They need to fail(Do you see the government bailing out small business owners who were affected by the economy who did more help for the community?), and their method of reconstruction should be by starting the company like they did when it started. Make quality cars for good prices. I seriously dont see why people who work in car plants are making 50-80 $ and hour. Ill use a good recent example. Me and my uncle went to Bowling Green to pickup his 09 couple months ago. That city is dirt poor an nothing to do, someone making 20$ an hour could live like a millionaire. We go into the factory see the process of corvettes being made. Talk about a sit down lazy crowd. I saw more people sitting and bs'in then I did cars being made. You hear the break bell go off to get back to work and you would see the guy who installs the window gaskets do 3-4 cars in a row then he would go sit and start reading a newspaper.

Do you think people back in the 60s were making 50-80s dollars an hour with a 80% automated/robotic assembly line? Ive had a guy say he bought a 60s model back in the day for so much and sold it for 3500 thinking he got the buyer good.

Yes for a while unemployment will suffer but if the government wants to help keep america alive it needs to be done. Keep all the names of the workers who are willing to work for a more reasonable amount of pay while keeping benefits. New owners/ceos need to come into play possibly the government. Then restart the company from the ground up as mentioned above making quality cars for good price.

I agree. I get a small pay for alot more hassle and danger yet they cry about their situation.

Let them fail, restructure, deunionize and start from the ground up again. As for the high wages, they need to be reduced to a competitive level. If the greedy 3 disappear, the sun will still rise and set tomorrow and life will go on. Whoever is making $50-80 per hour installing car parts need to get real and get another job.

:iagree:

Detroit is not going to find much in the way of sympathy here or on any of the major car sites. Thier arrogance and greed aligned with thier lack of interest or concern for the desires or interests of the consumer, has pretty much precluded that.

I'm NOT saying let them fail.

What I am saying, is let them try to suceed by doing what any other smaller (less influential) business would have to do...RE-FREAKING-ORGANIZE!!!!

Do thier bankruptcy, present a proposal for repayment to the courts, stave off thier creditors for a limited amount of time, and get a business plan that's viable and put it into practice:thumbsup:

If not, then they fail. And those that fall with them should be pissed with THEM not the government. For once, the government is doing what it's constituents ask/demand of it:thumbsup:

On another note, I love some of the responses:rofl1:

Then there was this:

Any small business knows that placing all or the majority of your eggs in one basket is simply a piss poor business practice:thumbsdown:

If the golden goose dies, I guess they'll have to go out and kill something else to eat:thumbsup:(find other contracts)

Although the poster did follow up with this:

:thumbsup::thumbsup:

To be devil's advocate:reddevil:, I would have much rather bailed out the big three with what is now a lousy fifteen billion dollars, then given one-hundred fifty billion to AIG for them to have gone on a friggin' vacation and party up.

That's my goddamn money and I want a dividend check every quarter like a stock holder because that's still my money. My money bailed them out and I want a damn dividend check. Is that too much to ask for? Everyone is correct. The average pay of the UAW member is about $69 an hour. That is absurd. I had a college professor back in 1995 who was about 45 at the time, who was from Detroit and his father got him a summer job working for GM back in the early seventies while he was in school. He was making $17 an hour with his friend, taking hoods of the molds and putting them on the line to be installed on the vehicles.

$17 an hour is good money nowadays but imagine back in 1972!!!!! Ridiculous!!! Unions had there place fifty years ago but it's time for them to go in this case. That's how Toyota, who is now number two, has competed and competed successfully. Hyundai is doing good. Kia is doing good. In Europe however, GM and Ford are making money hand over fist and most of Europe is Socialist or Socialist-leaning. How the f@(k do does anyone figure that out?????:shrug01:

Amen:yesnod:

I guess we all make our choices in life. I choose that same occupation when I was still a young-un.
I knew what it paid and I knew the dangers. Wasn't so aware of the politcal nonsense that went with it but I knew that being a southern Sheriff's Office, it had it's share.:D

I guess if the auto industry decided to ditch the unions, pay the autoworkers a reasonable salary and benefits, there would still be lines of men and women applying for the job.:thumbsup:

Guro-

I can't explain the European market either? Maybe it has to do with wanting whats not readilly avaialble to you?

Just like the Americans infatuation with european sports cars.

As well, it seems the Europeans income may be higher than ours overall. Really though, I don't have an answer for that one either:shrug01:

I'm with you on the AIG bail out as well as bailouts in general. IMO, the government if they really wanted to help, would have kept their hands off the mortgage industry years ago and a better eye on the investments of banks (they are FDIC insured so they have a reason to do so!) and the insurance industry (since they are involved in many cases in securities), and prevented this from happening in the 1st 10 places!:mad:

Prevention not reaction is the key!:thumbsup:

From what I understand though my friend, the big blow out AIG had was previously planned and paid for and was a perk for thier top producers.

I understand that it was not paid for with our $$$$.

Well, if they want Fords, I say come an take them. :hehehe: But I'm pretty sure that overall, the cost per worker in Europe is much less than in the US since their governments are much more socialist. It's my understanding that they have gov't healthcare, so the company would not have to pay for it.

:thumbsup:

Thanks:thumbsup: