Food for thought regarding Auto Industry

[Jamo]

Anthony...that was specifically written in response to someone else's post, and you may have taken it out of context from the way you replied. I too beleive in BK for the basturds in order to break the union contracts, change management and set the stage for either sell offs to better run companies or rebuilding at leaner levels. I have made that point numerous times here, so your quote of my post and your response has me a bit perplexed.

As to the laws...there are what they are.

[Anthony]

Originally Posted by Jamo

Anthony...that was specifically written in response to someone else's post, and you may have taken it out of context from the way you replied. I too beleive in BK for the basturds in order to break the union contracts, change management and set the stage for either sell offs to better run companies or rebuilding at leaner levels. I have made that point numerous times here, so your quote of my post and your response has me a bit perplexed.

As to the laws...there are what they are.

I was quoting, reiterating, agreeing, that it's not an easy solution based on the laws, practices currently in place, and there are alot of things/laws to consider in resolving this problem.

Basically, the majority of us here, including myself, are not really experts in determining the cause/resolution of the big three manufacturing dilemma we are in. As far as I'm concenrned, we're all just giving gut responses to the problem, and I'm sure there are alot of ramifications that we are unaware of. The senators/congressmen are likely less experts than us, but they are in charge.

I think what really needs to be done is to get a panel of true experts in manufacturing, that is multiple owners of larger manufacturing corporations, owners that have participated in their business since it was small, growing it to a much larger company, a panel of experts who really understand the concepts of manufacturing, financing, hiring, firing, and dealing with labor unions. They should be the ones analyzing and giving possible solutions for the big three dilemma. What you don;t want is some harvard business grad giving an "expert" opinion or any elected useless government official.