Tuesday, November 11, 2008

Here We Go Again

This posts will be dedicated to arguments against the planned Detroit bailout.
It will place emphasis on the three major issued involved in the automakers down fall
  1. Product--They stayed in the "big fin" style too long and thanks to #2 their product is poorly made and overpriced.
  2. Unions---Through obscene labor agreements they priced Detroit out of the world markets. Latest contract agreements with Big 3
  3. Management--They allowed the unions to control production.
It will be a work in progress while I research additional sources.

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