How Many Times??  | |  Now that Chrysler and GM have come out of Bankruptcy, exactly how long do you believe it will be before they are in the same situation again? Of course they will get there again because they are still conducting business the same old way! The unions still refuse to make few concesions if any at all and continue to contend that they have to make the exorbent salaries they are paid even though someone out of high school who passed auto shop could do 90% of the jobs there with no problem. Lets face it, just exactly how hard is it to turn wrenches and use a few power tools?(and don't think I am speaking out of ignorance, I've turned wrenches for a living most of my life) With no salary concessions and the untenable mind-set of having to come up with a new model every year and no ease of pricing on the consumer, it is only a matter of time.
My ultimate question is:
When they do get in trouble again will they still be deemed as to large to fail and if so just exactly how many times do we bail them out at the expense of our future generations?
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| | | | | | | | 1.  ParaTed2k (4586) | 5 months ago |  They aren't conducting business the same old way. The government and the Unions now own GM and Chrysler is just part of the Fiat Motor Corp. Any future money going to GM is no different than money going to the Post Office, Amtrak or any other government business.
The real question is, Obama said he doesn't want to run the auto industry, so how long is he going to be running it before he decides to make it private again?
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 rodney850 (915) | 5 months ago | That is a good question ParaTed but no matter who owns or runs these corporations they are still being run the same old way that got them in trouble in the first place and that is too many vehicles, too costly vehicles and too much overhead! It is as sure as a bear $hits in the woods, they will be in trouble again in our lifetime! | |
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| ParaTed2k (4586) | 5 months ago | But as government companies, it doesn't matter how much money they lose, they won't go broke.... e.i. The posts office and Am-Trak. | |
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| rodney850 (915) | 5 months ago | You got me there Ted but then the question is how long will the bailouts continue since they will never stop bleeding money! | |
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| | | 2. oneidmnster (824) | 5 months ago |  The biggest problem I see is that Bob "the idiot" Nardelli is still in charge at Chrysler.He wasn't qualified to run GE.He almost ran Home Depot in to the ground.Chrysler went into bankruptcy under his watch.Does anyone actually think he can save Chrysler this time?
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| | 3.  lilwonders456 (1901) | 5 months ago |  I see this as a never ending cycle. Until American's buy american made products more or Chrysler and GM find a way to be more competitive in the market than they will be asking more more money and often.
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| | | 4. Destiny007 (4538) | 5 months ago |  Chrysler has been bailed out a couple of times before.
I don't think they will get much more help. GM is now owned by the government, so they don't have to succeed.
Ford took no money and I just read where they have now posted a profit.
I think the taxpayers just had a lot of money wasted.
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