Sunday, November 23, 2008

A Big Three Bailout?

Should we bailout the Big Three American automakers? Should we give them a proverbial band aid on a gushing wound? Why would the American people (our tax dollars) pay for a group of businesses that have fought against higher gas standards, built inferior cars, and have fallen victim to the bully unions. Would this relief be temporary or would it be a permanent solution? Is there any way that Detroit can be profitable? I don't think so. There is no way with the current union contracts that the automakers can remain competitive with foreign auto makers. Toyota and other foreign makers pay their workers a good wage but it is about half of what Detroit pays. They can try to restructure under bankruptcy but if the principles and practices remain the same, they will fail.

This bailout will not solve the auto makers' problems. It is the survival of the fittest. Toyota, Honda, and others build better cars. Most people will attest to this. The Big Three had a time in history when they were the standard, now they are punchlines to jokes. It is sad that they will go under, but it is the fault of themselves, not the American tax payers.

We should not bail them out.

Call your Senators and tell them NO to the Detriot Bailout!

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We Will Never Forget

We Will Never Forget