GM, Chrysler, Ford Bailout

The Federal Government has somewhat agreed to the bailout of GM, Chrysler, and to lesser extent Ford. Everyone has their hand out. What we must not forget is that we, the taxpayers, will be paying for the mismanagement of these huge companies.

No one wants to see these companies go under or to see jobs lost; but a lot of belt tightening is necessary and changes have to be made.

If the Federal Government is expected to bail out all these companies, what is expected in return? Do these companies want to be publicly owned or do they simply want to be rescued every time the books can't be balanced? There must be accountability. Their new partners (The Fed and the American taxpayer) deserve to have input to what they are planning. Since Chrysler didn't learn from past mistakes, why do we expect them to do any better this time.

The "Big Three" need to wake up. How can they be so out of step with what we want in a car? Toyota, Nissan, BMW, Audi, VW, Honda...How do they stay afloat?

Every business has layoffs. How can we justify the "job bank" for auto workers, when other Americans are simply out of work and having to look for a new job. Maybe benefits and wages need adjusted or frozen. I work under a "topping out" system of salaries...I don't like it, but I still have a job.

We all need to balance our books; that has been our problem as a country. We keep spending regardless of our resources. This should remind us all that eventually the piper has to be payed.