One of the answers to the question ending the previous post - a question that no one could answer (whether they read it or not) ;-) - is of course, the labor unions, specifically UAW.
I urge anyone who wants to be truly informed about how the unions actually work, please do look at the UAW website, specifically their "auto contracts". One can see just by the "wages" of GM auto workers that the total pay and benefits for each employee is far above the national average, even though they "work" for a company that cannot really afford to pay them so much.
But the union does not seem to care that they are "bargaining" their employer to death. They don't seem to mind that they have expensed GM into bankruptcy. The union believes that GM exists solely for their own benefit. They don't understand that GM's existence and purpose is actually to produce and sell automobiles - not to employ a bunch of greedy, lazy people.
Well, I've decided that the absolute best solution for GM and UAW is to allow GM to file Chapter 11 bankruptcy and then let the UAW buy it out. If they want to keep their jobs then let them buy the company and see how well they can ru(i)n it themselves. :-)
But most definitely they should not expect any government bailouts if they continue to run GM into the ground. If they think that the GM bosses have done so badly and wrongly at operating the company, then they should be happy to take over and prove that they can do it better. Hey, if the "evil capitalists" are doing it all wrong, then maybe the "communist/unionist workers" can fix it all for themselves? But without government money! (But if there is a auto bailout at some point, I want share in the company in exchange for my tax dollars. Or at least new car. ;-) What's fair is fair.)
With my brilliant ;-) solution, GM doesn't disappear, making the country's economy collapse in its wake as all the doomsayers are predicting. GM would go on, and all those people would keep their jobs. Being the ones under pressure to assure that the company does not fail should be a strong incentive for the union workers/company owners to do it right for their own benefit.
Well, honestly, I do think I'm giving people too much benefit and credit for being responsible for themselves. But it's a good, even if overly idealistic, solution to the problem of GM's continued existence. But just like all my other great ideas, no one is really listening. ;-)