>>>>http://michaelmoore.com/words/message/index.php
>>>
>>>Man's got a point.
>>>
>>>I do think the estimate of 3 million people losing their jobs if the big 3 go under is another of those we keep hearing and is bogus, though. It's probably not far off if you total up the number of people who work for the companies directly and companies who supply them. What it leaves out, though, is that they will not be out of work forever or even without good job prospects. It's not like Americans are going to stop buying cars. We just may be buying them from better run companies.
>>
>>Mike, if americans can only buy asian or european cars in the future, how does this help the american workers? If european car manufacturers do receive a bailout and american don't.. well.. what do you think will be the result... I don't think the european manufacturers will be dissapointed when the american one don't receive a bailout.
>
>It helps them if they work in foreign owned auto plants. That's not the good old days of Detroit but under the circumstances it's not a bad outcome.
>
>Big 3 management should be taught in business schools as a case study in how to mess up a good thing They probably already are.

There's an interesting article on it all here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a5SW2DEGhtzU&refer=home