Ok, I get it.. I am 45 and I think I understand 'people' fairly well, and I understand the concept of 'getting in over your head'. I have from time to time 'over extended myself', only to be reeled in by my conscience, my father, my wife, recognized over ambition, etc.. These were not always easy lessons. My first 'business', if you can call it that, was a software business that I ran out of our home in California. It was by all accounts a train wreck, but at the end of it, we were able to escape with a few bucks and a new life in Colorado. Looking back - a home run. I considered myself at the time, out at the end of the tether, like a dog in the yard, only to be yanked back into the reality, of having a wife and 1 year old, and debt.
These are the experiences I have to reflect on as I look at the current economic situation. First, bail out the banks. Then, bail out the insurance companies. Now bail out the auto industry?
Wait a Fucking Minute.
I don't care how much sense it makes. I 'get' the banks and mortgage companies. These institutions track directly back to me and I can see the path. I get why I should bail them out and hang the people involved. BUT WAIT, I cannot look at myself in the mirror and be happy with bailing out the American auto industry.
My garage contains two German cars and one Japanese car and I could not be more elated. I have worked my ass off to allow myself to escape having to buy American cars and I don't feel bad. I sleep like a baby…
American car manufactures fumbled the ball 25 years ago. What has been left is a messed up structure where they build the cars they need to "theoretically survive", then push their product down to dealers who have to take the inventory. Then they cut the price to sell it. The consumer ends up to a total piece of shit.
This is not business.
They need to fail. They need to file. The unions need to take responsibility. They need to be reorganized. They should be ashamed of themselves for being weak, worthless, and money grubbing. It should be over.
America, the industry we invented, large scale car manufacturing is lost. We suck, admit it, and for god sake move on.