young snowbird

GM Must Die

The only way to get rid of the union is bankruptcy/liquidation or do like Reagan did with the air traffic controllers and fire everyone and put in new people. Don't know how legal that is.

I have a six year old American made car (Ford.) 87,000 miles on it and its already been in the shop several times. Never had that kind of problem with my Nissan pickup. Will I be able to get replacement parts for my American car if they close? Will the companies that make parts be able to keep supplies up on the old models? Are there enough cars on the road currently to keep the car parts businesses in business making parts for older models? Of course there are! There is still a market for them!

I don't have plans on buying a new car for several years, and when I do it will be the most advanced all-electric that I can afford, so unless the Big 3 can pull that out of their hat, I am not one of those who will decide NOT to buy because they went into bankruptcy. They've already lost a repeat customer.

The bigger fear for GM regarding bankruptcy is that there are no financial backers available to them if they go that route.Without federal help, the only real bankruptcy route open to them is liquidation.GM is the Lehman Brothers of the Big 3.