The executives from the Big 3 spent this week rattling their tin cups on Capital Hill anxious for a $25 billion dollar bail out. Guess they should have left the Lear jets back in Michigan. The Senate was just waiting for these pompus jerks to waddle off their expensive company jets wih their hands out. The fact is, corporate America has been splurging for along time and it has finally caught up with them. The economy is in a downward spiral with no sign of the bottom in sight. The business model used by the Big 3 is out of date and out of touch with the needs of today's global market. While I myself would never buy a foreign automobile, many Americans today are and have been very pleased with their purchases. We need to build them better, more efficient, and at a better cost to the consumer (the American people). As a Michigan resident, I can only image the hell that this state will face if one of the automakers goes under. The UAW is much to blame for the demise of te Big 3 though. For years, they have taken advantage of their employers. Now, these same people may be out a job if the Federal government doesn't step in. Can the US economy handle the loss of one of the largest companies in the world? The execs will be back in Washington following the Thanksgiving recess for the Senate. When they come to town this time, they better fly coach, or better yet, carpool.
JML
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