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Reply #11: This issue is more important than AIG and the banks [View All]

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GrizzlyMan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-16-08 12:56 AM
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11. This issue is more important than AIG and the banks
These are REAL jobs we're talking about here. If GM and Ford go, companies like Goodyear will be next. I'm not a fan of how the management of these companies have been slow to adjust to issues like peak oil but the workers build the cars they are told to build.

I like what Obama has said about bailing out these companies. I'm all for it as long as he says, they begin to focus on cars that fit within the 21st century i.e. hybrids and lighter vehicles that are more fuel efficient. I think both GM and Ford have come around to that over the last few years, but it's now too late to help w/o govt. assistance.

And the unions are going to have to be part of it as well. Sacrifices will have to come from top to bottom. Sadly, I doubt the management with their fat cat golden parachutes will be as willing to make those sacrifices as the average worker.

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