while it would be devasting to the economy as a whole and in particular to the businesses that depend directly on the auto industry i beleive that it is inevitable that they are going to fail and going into bankruptcy protection in the long term may be the most beneficial route for the everyone. the industry can get rid of alot of the fat at the top, re-neg contracts for employees and perhaps come back with a plan that would make sense in todays market. Union served their purpose years ago but from my perspective all they are now is a drag on our economy, now actually making our work forces un-productive.

on another note, seems like alot of activity on the Liberty stock, we all know a deal is in the works, is it time yet that it is to be announced?