Paul Killinger

A Modest Proposal For The U.S. Auto Industry: Stop Building Cars

This leaves bankruptcy as their ONLY short term answer. Longer term, however, how are they going to resolve stupid bureaucratic meddling? And are their unions willing to voluntarily "decertify" themselves so they can get a clean re-start? I doubt it.

And it's even more unlikely you're going to see any of these REAL survival issues contained in their future business plans contingent on their bailout moneys being demanded by Congress. No, it's all a sham and a "dog and pony show" to give lawmakers cover to provide them taxpayer funding.

But the marketplace in the real world can be cruel, especially if you're way behind the eight ball to start with. So by glossing over the problems that got them to where they are and not taking the politically difficult steps needed to actually level the playing field, they have two chances of becoming viable manufacturing enterprises once again, slim and none.