Auto Bailout Tide Turns

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I think Mitt Romney was right on except for one point - I don't think engineering and development in the US is as good as it should be. In fact, this is why the Japanese are beating the US automakers.
Having worked with the Japanese automakers for more than 25 years (developing product for them) it has become apparent the Japanese know many more details about what entices consumers to buy, and how to deliver.
The US automakers can reverse the trend but it won't be easy. They need to do what their Japanese counterparts have been doing over the past 30 years.
More in the book, "Becoming Re-Successful", available at Amazon, or at the publisher http://www.lulu.com/content/4339719, or at http://dskouson.blogspot.com

Demeron of AZ 1:55AM November 21, 2008

Why doesn't the BIG 3 ask the Oil Companies for a 25B loan?
That's what the oil companies profits where last quarter.
What other kinds of companies are going to come running to congress with their hands out?
Both Wall Street and the Big 3's problems were self inflicted, it wasn't my fault as a hard working tax payer so why should I have to pay for it?

Mike of DC of DC 6:58PM November 20, 2008

We should not bailout the auto industry, let the market correct itself. I do not want any of the money to go to the CEO or auto unions.

Tom roby of 6:34PM November 20, 2008

The historians should come to believe that it was definitely over when the government reached into the pockets of hard-working citizens to subsidize behemoths who had willingly agreed to pay people for absolutely no production.

Keith of IL 5:26PM November 20, 2008