Wall Street Breakfast: Must-Know News [View article]
Say what you will, fact of the matter is the "Big Three" must become and very quickly competitive and profitable again. Too large a portion of our economy is based on auto sales, service and production to believe other-wise. Chapter 11 really is not an option for obvious reasons. Change with-in the industry is needed but must come over a specific period of time and in line with increased production and sales. Our government and the con-sumers created this "three headed dragon" and the issue at hand should be how to legally control it without slaying!
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Say what you will, fact of the matter is the "Big Three" must become and very quickly competitive and profitable again. Too large a portion of our economy is based on auto sales, service and production to believe other-wise. Chapter 11 really is not an option for obvious reasons. Change with-in the industry is needed but must come over a specific period of time and in line with increased production and sales. Our government and the con-sumers created this "three headed dragon" and the issue at hand should be how to legally control it without slaying!
Dec 23 12:43 pm
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