Tuesday, November 25, 2008

Let the "Big 3" Go Bankrupt?

Living in Michigan, means that our state is heavily invested in the auto industry. All the decisions made by the automakers affect many, many people. This is why everyone here is so concerned about the current economic crisis as it affects the automotive industry.

The decisions made by these companies in the last quarter-century have not been wise ones. They have ignored the appeals of environmentalists and car owners and buyers asking for more fuel efficient and environmentally-friendly vehicles. Now it has come back to haunt them.

Should the government bail them out too? Or should we let them reorganize through bankruptcy?

I'm inclined to force them to reorganize, trim the fat, reduce labor costs, manufacture better, safer, more efficient cars and trucks. Yes, we will hurt economically but in the long run it will result in a better scenario. Don't we do the same for our children?

This is not an easy decision, but apparently the only way we will force the production of vehicles using alternative fuels, and the reduction of dependence on foreign oil.

We are already dependent on foreign countries for waaaay tooo much! Where is the money coming from to bail out all these companies?

Enough is enough! Time to get rid of all the arrogant, extravagant, over-paid executives, private airliners, lavish parties, dismissive attitudes, and the old ways of mass production.

"Who killed the electric car?" (That's a movie, by the way - and you really should see it).

Time to reduce the number of car models and lines. Let GM produce just a Chevy, Buick and Pontiac; Ford just make Ford and Lincoln; Chrysler . . . just go away!

Yeah, I know, I'm old and cranky. This is my message. I'm entitled!

What's yours?

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About Me

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A retired former public relations practitioner, radio broadcaster, professional photographer, electronics geek and a Vietnam Vet.