Bail out for the Automobile industry? Why?

Bail out for the Automobile industry? Why? They need to file chapter 11, and reorganize themselves and stay competitive.


Worried about the Auto Industry Bail Out? Watch the following video link!



This is a video is of a Ford plant in Brazil that opened in 2001. One look at this and you will be able to tell why there will probably never be another one built in the USA. It will also point out why more assembly plants will go offshore.

Pay attention to the last few words. It says a lot!


http://info.detnews.com:80/video/index.cfm?id=1189

Yeah, In Brazil if you flip hamburgers at McDonalds you have to work two hours to buy one Big Mac. So it says that if not for the unions Ford might be paying US auto workers kinda like how the non union Ellis County factories pay. Just about enough to live paycheck to paycheck.

The unions are a pain, but I'd rather not be dropped to third world nation wages. In the beginning the unions were good. They got decent wages for a job done and forced the bosses to quit treating workers like slaves. Other than that, they have some very good ideas in the Brazil plant.