Thursday, November 20, 2008

Automakers Caught Between A Rock And A Hard Place...And A Harder Place

The automakers (AKA "The Big 3") are truly caught between a rock and hard place... and a harder place (Congress). Let's cut the crap and tell it like it is. The automaker executives would dearly love to renegotiate the contracts, but The UAW keeps their grips tight, like a nooses around their necks. A glimmer of hope is going to emerge only by having the inevitable talks with bankruptcy lawyers (the rock). Now, if they go to the table for such discussions, and consumers get wind of it, they feel it will turn prospective buyers away because of fears that their companies won't be able to provide valid warranties, offer replacement parts, etc. (the hard place). Congress is so tightly woven in the UAW that they won't throw the automakers a lifeline for fear it will rock the boat of power. After all, they played a big part in President-elect Obama's victory. There is a possibility that Chrysler, Ford, and General Motors sincerely don't know how to go about making up the game plan...the one that Pelosi and her henchmen seek. You see, it is my humble opinion that they would dearly love to hand-carry the 25 billion to their doorstep. It is getting uncomfortable for Pelosi's gang because they can't get involved without showing their hand. Trust me, the Democrats do not want the automakers to go into bankruptcy status. I suggest the executives hire Mitt Romney as a consultant to dispel the fears surrounding Chapter 11 bankruptcy protection, give them guidance, and perhaps courage. I know that asking the executives to help with this process is a little like having the "sentenced" sharpening the guillotine. People at the top are going to be fired and that equates to heads rolling...probably starting with their's.

Note: Shun deception at the conception.

May God bless America...and may America deserve it!

Zanne Booker 11-20-08