Boater wrote:
Tom Francis - SWSports wrote:
On Thu, 13 Nov 2008 02:12:16 -0500, "Eisboch"
wrote:

"D.Duck" wrote in message
...

My hope is that the GM/Ford/Chrysler problems are resolved (if
resolvable) in bankruptcy, not throwing more tax payer dollars at them.

Duck, I couldn't agree with you more. Chapter 11 isn't permanent.
It allows for "reorganization" which is exactly what the auto
industry needs to do right now. Revise business plans, products and
re-negotiate the union contracts under the watchful eye of a
bankruptcy judge.

Handing them a pile of taxpayer money, calling it a government
"investment" just to keep them in business under their current
organizational structures won't do a damn thing.

I agree.


I think the bailouts should be stopped dead until the Bush
Administration reveals who has gotten every dollar handed out so far.

For once you have a good idea. If the unions are requires to make public
their business expenses and employee salaries, so should the government
when they hand out gobs of money to poorly managed businesses.