Should We Nationalize GM ?

[lafinfil]

swampy wrote:
This is a Michigan bailout. The car manufacturers in the south don't seem to have the problems that the Big Three in Michigan do. Let 'em go belly up.

You lack a basic understanding about how the supply chain works in the automotive industry.
The various domestic and import manufactures use many of the same suppliers for a lot of basic component parts.

Many of the import manufactures that you seem to think are doing well are already starting to hurt
because of a slowdown in manufacturing from sub suppliers because reduced overall demands.

I have a cousin that is a product manager for a company that supplies lighting parts to just about every manufacturer
out there - both OEM & after market in the US and around the world. We were discussing last spring
how slow downs in the auto industry had hurt their ability to fulfill contracts to automakers that
had not slowed down production. Problem is that it's noy as cut and dried as you seem to think it is.