Bankruptcy for GM on the Horizon

This article is written by Jason Edwards

GM doesn't seem to be able to get its act together. As I said in an earlier post they need to work with the UAW. The union is killing our American automakers. In an article on FOX news Horace Cooper says there are three things that could turn around the auto industry. Adopt a 3 Year Moratorium on UAW union representation and immediately suspend the existing UAW contract, let the consumer decided what type of products the automakers produce (NO BODY WANTS THOSE UGLY ENVIRONMENTAL CARS!), lower the cost of service and maintenance instead of having warranties backed by the government. I agree with every single one of this ideas. I am a liberal but I 100% disagreed with the government taking over the auto industry. There is a reason we have chapter 11 bankruptcy. We have seen many companies come out leaner and meaner after bankruptcy (K-Mart for example). I hope they do go into bankruptcy so only the top brands stay, re-do the contracts with the UAW, and create products consumers want to buy at reasonable price.

http://www.msnbc.msn.com/id/30264733/
http://foxforum.blogs.foxnews.com/2009/04/16/cooper_general_motors/