I have sitting back watching and reading about all the issues and possible bailouts for the auto companies and I am still on the fence.
On one hand, I don't think the automakers should not get the money because they will just waste it on the corporate level or hand it over to the UAW.
On the other hand, I am not sure what will happen if one or more of the companies fail. I don't think that Ford will fail. They are are just going along with the crowd and hoping to get a few bucks.
I do know one thing for sure, someone needs to put the reigns on the UAW and boot their money grubbing backsides out the bailout process. The UAW has changed from protecting the worker to finding how much they can push around the people before the people push back and guess what? The people are pushing back and pushing back hard. I can only only totally agree with a bailout if and only if the UAW backs off and becomes a protector of the worker and not a mouthpiece for over blown paychecks.
As for now, I will not give any money to any of the public automakers until they show me one good way they are going to help the dealerships and how they are going to make a profit by not relying on overblown future sales numbers.