Let Detroit Go Bankrupt
one must ask why a waitress at denny's who makes minimum wage and has no healthcare must bail out union workers at gm who make 8x the wages, do less work, have ZERO DEDUCTABLE healthcare (do you? i doubt it), and full pensions.<p>or why should a succesful worker at honda in ohio subsidize not only a failed competitor, but in essence have his own taxation used to undermine his own hard work?<p>as for saving jobs and investment...most of the suppliers are already on death's door if they only rely on orders from detroit. investors have already lost 95% of their money on avg...nothing can reverse these losses<p>in the end the govt cannot give the big three their reputations back. lost reputation is why people do not choose these cars even though they are now comparable in quality. barak obama cannot force me to buy a buick