Reply #103: This attitude is myopic [View All]

[frogcycle]

Sure they have had quality problems, and sure the execs have made mind-numbingly stupid strategic decisions.

But understand this: The US manufacturing industry is pretty much all the hell we have. It needs to be leaner, more competitive, lots of things, or USA Inc. is going out of business. We have already lost far, far too much - textiles, steel, autos, computers, electronics, and on, and on.

The US will be an agrarian country exporting corn and soybeans with 300 million peasants working in the fields if out industrial base finishes tanking.

I don't care about the assholes who sold me a Dodge Aspen that fell apart and told me to stick it where the sun don't shine. I DO care about the survival of the USA as an economic entity. Once the auto industry goes under, it is a matter of time before Japan, Europe, China start carving up territory for the natural resources. We need to make a bridge loan with plenty of caveats - hell, I'd go with throwing out the entire executive management team. But we need these industries to be viable. We The People need them.