RJMoran

The Big Three Crisis: Stocks Plunge as Politicians Moralize

You mentioned the 'Big 3 German Auto Makers'. It's here that I'd like to point out that even within a system with HIGH wage protection/healthcare/... and STRONG union power, the Germans can continue to make, decade after decade THE best cars in the world. I love the American hubris of 'the big three automakers'! Kind of like 'The World Series'! No one seems to be bailing out Audi, VW, Mercedes, BMW! If these idiots can't make good cars, use long-term planning, etc, they should be consigned to the 'dust bin of history' as they say. No one is bailing out the American Toyota, Honda, etc plants!
Sad and embarrassing really! THAT and throwing good money after bad to guys in private jets, LOL/Good Lord! RJM