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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (56656)	11/20/2008 3:20:30 PM
From: SmoothSail	Read Replies (1) \| Respond to of 57110

If Detroit goes down, so do all the foreign automakers elsewhere in the country, because they depend on the same parts suppliers, who will go under if Detroit does. Wouldn't it make more sense to be more efficient and save some portion of the jobs rather than to lose them all to foreign competition. That is the key issue that the unions need to address. They've been so focused on keeping and getting more rather than protecting the hand that feeds them. I believe the auto industry will recover if given a chance. They've always been very profitable. People have to buy cars. They can't keep repairing them. The cars eventually just crap out. You don't see many cars from the '50s, '60s, '70s, or '80s on the road anymore.