Reply #39: I have little sympathy for the Big Three

[MadHound]

Over thirty years ago they were taught the lesson that bigger isn't better, and got hammered. In fact we the people bailed out Chrysler due to this foolish mismanagment and paid a steep price to do so.

Yet they didn't learn their lesson and after the initial crisis was over, went right back to making large, inefficient, poorly made vehicles. I'm willing to give anybody a second chance, but if they blow that and didn't learn their lesson, screw them, they're not worth trying to save again. Besides, as you pointed out, the Big Three are moving more and more of their production overseas anyway, so it isn't like saving them will do any good. Either way those manufacturing jobs are fleeing from our shores.

And if US auto manufacturing collapses, well somebody will take their place. Foreign companies are setting up plants here in the US, and there are young upstart US companies just waiting for their chance, which is what a collapse will give them.

Sorry, but I've been down this path once before and got burned. I don't want to get burned again. If they haven't learned their lesson, then let them go the way of the dinosaur