Automakers GM , Ford and Chrysler employ hundreds of thousands of well-paid workers and support far more retirees and their families with health care and other benefits. In addition, dozens of suppliers and thousands of dealerships depend on the Big Three.
Make lousy cars at a loss, spread doomsday scenarios about job loss, beg for money. Use American pride to justify the bailout. Repeat every election cycle. Somebody from Bombardier must have done some consulting work.
Related Note: Why is it The Big Three again? I thought when Dailmer bought out Chrysler we wouldn't have to worry about them again? Looks like they are "independent" again and begging for money. Who the hell buys a Chrysler these days?
Update: I was thinking about a classic Star Trek episode A Taste of Armageddon. Kirk, Spock and Bones beam down to the planet Eminiar VII which is considered to be at war. Kirks finds out that the war between it and the planet Vendikar had been going on for so long, that they made an agreement to not use bombs on each other, but merely trade death stats by hypothetical attacks. The computer would say "10 people dead in X sector" and those people would voluntarily go to disintegration chambers to die cleanly. There wasn't a real war going on. The explanation was that they wanted to sanitize war.
Why can't we do this with GM? Close down the plant, stop making cars and just pay people to be pretend workers. Why waste time making things that nobody buys? Streamline the bailout process and just send checks to their homes. You could have fake promotions come through. "Mail came in today honey, looks like I've been promoted to supervisor. The pay raise will help us get that back deck we've been talking about."
Update II: A roll call of appalling GM cars from the last quarter century.
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