It is time for the big three to go into bankruptcy in order to rebuild themselves and dump the unions.  Paying people with high school diplomas or GEDs $35.00 an hour to put on a door hinge is insane.  Remember, we are talking about cars here.  Cessna aircraft company has outsourced some of the production of their aircraft manufacture to China in order to lower costs.  If an aircraft builder can outsource aircraft production to China, where fuselages are riveted together and landing gear is assembled, I believe we can find people who would be happy to have GM's benefits and install door hinges for $10.00 an hour.  With the current economic climate, GM, Ford and Chrysler would have people knocking down their doors for those jobs.  

Taxed American:

No you are not "a stupid American tax payer"Just plain stupid

I wsih blogegers would tak the tim to do a spdell chekck - annoyning to read articls thath are tonreadlable.

As far as the big three are concerned - let them go into banckruptcy, get rid of the unions, the contracts,  and all the perks,  and compete with the others.

UAW donated heavily in the recent elections. Now they want some payback. How about 25 BILLION to start with divided by 95000 employees!!!  Hmm!! Sounds like the only change is the sound of OUR PULSE. If this bailout occurs, I will sell my Ford, that was made in CANADA, and buy a TOYOTA, that was made in the USA. If you guys can not compete then get ready to get SHREDDED.

We gave the banks billions for screwing things up! At lease the auto workers are screwing on door hinges.God bless America

We cannot start re-building, and working back up, until the bottom has been hit.  And we ain't hit bottom yet.

Unfrotunately, the CEO's and the Exec's of the "big 3" won't suffer or lose anything.  And unless they come up with a plan that ONLY involves re-tooling the plants, and nothing else, and give up their perks, their huge "incentives", and whatever else is burning the money, I will keep calling my Gov't reps, and letting them know that bailing them out is not fiscally responsible.

I helped vote 'em in this year, and I will sure help vote 'em out next election.

Worked for GM 30 years, but never bought any stock. Invested in muscle cars from late 60s and early 70s. Got a garage full of Camaros and Chevelles collecting dust.

A doctor takes a oath to help the human race ( Not -its wealth and prestege).Put a white coat on a monkey and if it could , the monkey would fill its pockets with every last penny you own. "In God we trust" and in greed we will fall!

Dear Rick in Maine... I wish that door hinges were the only thing these auto companies was SCREWING. Us taxpayers may have to file a paternity suit when this is over. Unless... they use PROTECTION.

Gm was destined to fail eventually ,and the talk of a 50 billion bailout would have zero chance of happening,its a big number! somehow with the economuc crisis and talk of over a trillion in handouts before its over has given the bloated auto makers  a chance because the preception the gov only will help bankers and not regular workers.  let gm go bankrupt!