That was kinda my point. They aren't going to help a company by putting a bandaid on the issue. I don't see how this money is going to help them out, and worse yet how they can even think that this money will be paid back to the tax payers. Shoot they couldn't even make sure that the money that was being given to the banks was spent right, right after they got that money they went to high cost restraunts and were found using the money there and other places that had nothing to do with fixing the debt issues as it was ment to.
Last edited by amdman; 12-10-2008 at 07:13 PM.
Yea you can, just don't give them the money. The car companies go bankrupt, the workers get laid off and leave the unions, the UAW goes away.
Then if the govt so chooses, it can give the big 3 start up capital loans to restart the companies and rehire the workers that want to work (sans union). Done, period, over.
'06 RSX Type-S NBP
I don't think the law allows companies to keep unions out, so if the Big three restarted with the same employees, my guess is that they would vote in the same unions. There is also at least one case where the government ruled that if you keep most of the same employees, the previous union contract is still valid. (That case involved a change in weather contractors at Wink airport, so it may not be applicable). So, it would be very important to make sure the previous contract was invalidated in the bankruptcy.
Mike Walsted - Not an expert, just a data point.
1999 Miata
2003 MIata
1999 Miata
2001 Kia Rio
The UAW guys may be partly responsible for the low quality of cars, but keep in mind that they do not create bad or inferior designs, or stupid management structure and even more stupid product plans. Yes the UAW sucks a lot of blood off the the big 3. However, the bad managements are still responsible for the ships going down! They are paid to keep the ships off the rocks!
Another solution may be to fire all the managers in Detroit and hire a bunch guys from Japan to run the Big 3. Please keep Uncle Sam off unless you want the factories run like the Driver License Office! May be, just may, we can turn the table on the Japanese and we all waiting in line with cash in hands to get our next track cars from Detroit!!!
Gabriel
lmao, nice Titus!
Interesting comments hear...
Yeah POS we get it that the Big 3 are not the only ones with sales drops; only one thing they are still making profit! Toyota makes more profit than the Big 3 combined! At least a couple yrs ago I read...
Yep, the UAW is evil and so is CAFE is another great idea that is horrible in execution. Combine that with resourses spread way too thin across to many models and variants of each model and the result is the sub-par overall quality products from the Big 3. Yeah, someone listed 7 or 8 suv's by Toyota/Lexus but they don't all have 4 to 8 different variations on engine options! There is no freaking logical reasoning for GM to offer 3 v6 engines, 3 4.6l v8's and a couple 5.7l v8's on their full size truck!?!!! That is a gross mis-use of resources. They only need one v6, one mid range engine and one big badass engine and save the money wasted on engineering and development for these varients that have only minor and stupid differences, like one having a canister oil filter and one having a cartridge filter!
Personally from driving customer's cars everyday and writing up repair estimates and work orders, the majority of major repairs are on domestic cars. And I get to see first hand the difference in quality over the brands and different years. My 90 Miata with 268k miles that's been beaten by Texas sun and many track days, has a nicer interior and has held up better than the top of the line GM cars that are half my car's age and mileage! Prime example would be a 02 Vette and a fully loaded DeVille (00 I think) both with around 100k miles. Neither car was aggressively abused or neglected but I was shocked at the poor condition of the interiors. While I'm very impressed with the better quality interiors from domestic car, especially GM, IMO our little NA Miatas still have a leg up on most of the new cars from the Big 3.
90 MX5 281k miles! - euro spec, Porsche Riviera Blue w/black hardtop, 97 motor swap, vintage Borbet rims, GC, FM shock hats/frame rails/rear sub-brace, AGX, sway bar, stb, Fidanza/ACT combo, EBC Yellows
92 COMMA SM - new paint coming soon...
I don't know if you guys know about the Chrysler fiasco but this paints a pretty good picture
And here is the latest on the Big 3 Bailout
Also for your reading pleasure is the House version of the proposed bill
'06 RSX Type-S NBP
Interesting article...
http://www.cnn.com/2008/US/12/12/ame...rss_topstories