QUOTE (StanIROCZ @ Dec 12 2008, 11:44 AM)
If your going to take the time to gripe about this please take the time to send a letter to the white house to tell Mr. Bush how important it is that the Big 3 get this bail out.
Here is the email address: comments@whitehouse.gov
I agree that you should contact your Congressmen and the President regarding your feelings on the issue.
I am unapologetically in the camp of bankruptcy as a workout of the existing issues.
Would you loan money to a company that appears to be mismanaged, has significant competition with arguably better engineering, product lines, cost structure, etc.?
What saved Chrysler when they got their loan was the K car and the minivan. I choose to believe that there is the second coming of Iacocca somewhere in the automotive/business world. I'm certain that person does not currently work for the U.S. government.
I feel for the retirees who put in a career and left the company with a mutual economic bargain.