GM needs to quit Michigan and all union states and move to some place
where it can build cars+trucks without the threat of UAW strike. In
my experience, radicalized union strikers would rather freeze to death
walking a picket line than deal with economic reality. Some may get
the chance in the coming months.
Declare bankruptcy, get rid of the pension and health care benefit
division, get rid of the UAW, and move. Buy 100 square miles in
eastern Arkansas at the Mississippi and I 40 and start with people
that want to work. Get rid of top management, too.
The alternative is chapter 7 -- nobody gets anything. Sugar daddy
uncle sam will not fix the obvious problems at GM.
Copied from a Chevy forum....very heated discussion of this very subject there.
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