Bail out or jump ship?

I don’t think there are enough buckets in America to bail out a sinking ship the size of the country’s automobile industry.

If you know someone who works in a car dealership, ask them what business is like. You’ll likely get a sobering answer. For example, this past September, the largest Buick dealership here in Rochester sold only eight Buicks; about one-tenth the norm in a good market. That’s what Ralph says. He usually sits at the far end of the counter and is one of the few men I know who order tea at a restaurant. He’s an automobile wholesaler. He also says that a certain Dodge dealership sold only one car in July and had its franchise pulled by Daimler-Chrysler.

He goes on to say he feels the “Big Three” executives, rather than promising Congress more fuel efficient cars down the road, should immediately offer American car buyers 100,000-mile, bumper-to-bumper warranties on their vehicles, similar to what most of their Asian competitors offer.

“The Detroit ship is already taking on water,” Ralph reflects. “They’re already going out of business. There’s no land in sight. They’re still only making vague promises. Why are we going to give these people money?” he asks of anyone who will listen.

No one on either side of the counter offers an answer.

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2 Comments on “Bail out or jump ship?”

  1. delwin17 Says:

    HMMM. Will a bailout save jobs or would creating jobs with the money be better? Fred Thompson said we could give everyone a shovel and pay half the people to dig holes and the other half to fill them in. Which will work better. Why not give everyone shovels and get together to bury Harvard

  2. delwin17 Says:

    Screw a government that can give billions to the rich, create jobs in war for the poor, and keep us at war where congressmens kids never have to go. If a security issue is bad enough for the poor to fight the it should be bad enough that our leaders kids have to also. It used to be a matter of pride-in Teddy Roosevelts day. But today our leaders have no pride and we have no way to replace them as they are all owned by the same people BOTH PARTIES.

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