"Tom Francis - SWSports" wrote in
message ...
On Sat, 6 Dec 2008 23:59:58 -0500, "Eisboch"
wrote:

The auto industry's contracts and historical ways of doing business need a
complete overhauling in order to be a viable, competitive entity in
today's
global markets. Chapter 11 reorganization, prepackaged with a government
bridge loan to keep the beast breathing during the process, makes sense to
me.

While I understand the idea, I don't want money going to GM. Ford
doesn't want the money, just a backup which is one hell of a lot less
expensive.

Let GM sink. If they can't get through Chapter 11, tough. Let them
go Chapter 7 and disappear.

Ford, Toyota, Honda and others will take up the slack.

Survival of the fittest.

Agreed. To give you an idea how nasty the GM-UAW-CAW thing is follow this.

Canada is having a crisis right now with interferance of its democracy. GM
has asked Canada for $6.8 billion. The economic impact to Canada would be
equivelent of about $70 billion US to the US taxpayer.

It is believed GM-CAW calls up a socialist party and askes to get this money
at any cost ASAP. The NDP makes a bribe to a separatist party known as the
Bloc for their unmitigated support to over throw the current government.
They agree.

They then approach a minority opposition party called the Liberals that has
a leader even Liberals don't like. He is in heat to become the Prime
Minister of Canada with a junta coalition. Fortunately our PM and Govenor
General narrowly avoid this coup d'etat. But they are about to try again
after replacing the Liberal leader as 68% of the Canadians oppose the junta.
That kind of majority hasn't been seen in over 100 years!

There are many that would not accept a GM product for free, unless it was to
burn it. Separation polls indicate if this hhappens, 64% of Albertans favor
leaving confederation, which will inevitablly result in Canada as you know
it breaking up.

GM is screwing with your neighboors democracy, along the worlds most longest
unprotected border to the north of you. I know the US is in crisis, but you
don't want a natural resource source like Canada doing some leftist
socialist Venzuela type nationalisation, you might want to consider the
impact of this and slap GM hard into unitigated chapter 11 before they do
more damage than you know.

Fire the board and management while you are at it. There is no otehrs more
deserving of being fired with cause than that lot.