We asked what you thought of the financial crisis facing the auto industry.
We should not spend more money in poor quality American cars. The Japanesse cars and German cars should have open our eyes a long time ago. We should take our American cars to China, maybe China can reproduce a better quality car. -- A
The auto industry needs an overhaul alright. From management compensation to union management compensation. How is it that the president of Japan Airlines makes 90K a year yet the president of Ford over 9 million. Honestly between unions and overcompensated top management, it's no wonder these companies are going under. Yes I think the government should give a loan to the industries to avoid an overall collapse, but should call the shots and have the power to set compensation limits and nullify current contracts and offer new ones. As a person who recently lost their job through no fault of my own, I would love for the government to have bailed my company out which fell victim to the deteriorating economic conditions and not necessarily to bad management. -- David
When you hear that the CEO's of the American auto industry fly to Washington to ask for bail out in their private jets, costing 20,000 for the flight, then we know who is mishandling money for that industry. Can we bail out the US workers, without feeding the excesses of the CEOs. Bail outs for the people not companies! -- Pamela
