One of the oft stated reasons for bailing out the big Three in Detroit is to maintain a viable US auto industry, intimating that it was a matter of "national security". Then why is the government suggesting that Fiat, a foreign company, buy a large portion of Chrysler?
CEO Waggoner may have needed to go, but with all their political and communication savvy, why did Obama administration not make this happen quietly and without making it look like the administration is trying to run GM?
The government is looking to be more and more on the wrong side of the solution - Let any auto companies in trouble go into bankruptcy. There is already a system/process to take care of situations like this. The view that the governments involvement is exclusively trying to maintain the viability of the UAW is gaining momentum.
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