The Big Three are in over their heads and have been for quite some time. The name of the game in business is to PLAN. It reverts back to poor management, plain and simple. Where were the Boards of Directors when these companies were starting to slip? There isn’t simply one or two people to blame here. They didn’t worry about it because they knew that if worse came to worse they’d have government bailouts to fall back on.
If you ask me they need this much required wake up call to put a forceful eye-opener up their rears.

This country is in real trouble when the “fat cats” won’t even help each other.

What’s making America poor, its you, people like you that complain about social reforms-and throw out the baby with the bath water”-Lets end the welfare state? Oh yeah! Regan already did that.. You can thank Nixon for the value of the dollar (he changed it from money to currency don’t know the difference? pickup a book). BTW, Republican don’t tax and give to the rich, they borrow from china and give to the rich. That’s another reason the dollar is falling, Thank our “beloved” Regan for that (Our biggest borrower before Bush jr. out borrowed all of them combined), and some Americans still thinks he was a great president… an actor with great economic policies, that’s an oxymoron if I ever heard one.

You all need to quit complaining about things you don’t fully understand, stop shooting yourselves in the foot with those complaints because they eventually turn in to issues that elect politicians. Don’t bitch about paying taxes then maybe the money that you do keep will have some value. Don’t bitch about saving big companies and then complain about not having a job.

If we all listened to Keith, we can have all manufacturing go to leaner and meaner foriegn companies, because they can get away with near slave labour (and oh yeah, screw the unions too, because they allow hardworking Americans to make “to much money”).
When the last of the manufacturing jobs are gone, we can all fight over the service industry jobs that are left, jobs like cashier at wallmart or an employee at google. which one do you think you’re going to get?

I agree with Zela, why should the big guys be rewarded for failure when it’s not acceptable from the small guys? It’s time the “fat cats” understand starvation rations like the REAL WORLD. We’re not the richest country in the world – the Republicans saw to that with their tactics of taxing the poor to keep the rich wealthy.

Besides they have the Italian, Chinese and Russian mafias to pay off. That takes big money. They also have to afford the free handouts of every foreigner that comes in. There are people who cannot speak english shopping in Neiman Marcus, a store I can only afford to walk by. And I do mean walk.

A portugese family came here with nothing and left millionaires because while the mother was on welfare the father owned a bank. My mother didn’t qualify for welfare because I made $9/hr and according to them that’s too much money. We had sometimes less than $20 a week for food. I’m roughly $10,000 in debt. I lost my job almost 2 years ago by the way and have still not found another, even retail won’t hire me.
As an American I know what my countries priorities are – not Americans.
So what’s wrong with the American economy? Well let’s review the statistics of where American money goes shall we?
No, I’m not prejudiced, I just would like to know which of their countries is going to make a millionaire out of me just for showing up!

Back to the conversation at hand:
FORD is known for it’s bad transmissions, it’s a sales gimick. Their transmissions are basically set to crumble around 100,000 miles. Accidental I’m sure!

While these manufacturers are charging between $20,000 and $70,000 per vehicle, where is it going exactly?

Bottom line is WHEN these companies go under, no one will miss them, least of all foreign car companies.
My point all along is GOOD OL’ AMERICA, MAKING AMERICA THE POOREST COUNTRY IN THE WORLD. My own country has poor management, of course they want to invest in failure.

I have spoken.

But anyway, goodluck to all of you, CDS blow-up is finally here.