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"Dave" wrote in message
... On Tue, 18 Nov 2008 14:55:56 -0500, said: So what is your version of THE TRUTH, Not at All? What should be done about the Big Three? Throw taxpayer money at them so the UAW bosses can keep their jobs? Throwing money at them in thier present form will only prolong the agony. It won't help them one bit in climbing out of the hole they are in. I'm not at all sure that they CAN be saved. At least not all three of them. That's what Chapter 11 is for. If they can't be saved, they end up in Chapter 7, their assets are sold, and the creditors take the proceeds. And, 5+ million are out of work, out of money, no pension, no healthcare. Great. -- "j" ganz @@ www.sailnow.com |