Now apparently we are going to bailout the US auto industry.What’s next Ben & Jerry’s?The auto giants have no one to blame but their self(and the Union).They have failed to see the future and grasp it. The future is alternative fuels.They have made billions and billions in profit over the last 100 years .Instead of seeing the future they have ignored it.The amount of money they have spent on the  CEO’s, Mangegement and workers salaries are ridiculous. The employees at this point are making over 100% more than the average US worker.Instead of the Federal Government just giving the company billions to bail them out of a situation that will not improve just by throwing money into a losing game.The first thing that has to be done is the employees need to take a pay reduction.

I watched friends of mine that worked for the car makers and the defense industries spend like there was no tomorrow.They bought brand new homes cars, pools,jet ski’s ,never thinking that they could laid off.Then they get laid off and have huge payments that they can’t afford.Maybe in the future people won’t think that they have rock solid jobs.In this new world it ain’t so!! Instead of saving for the future they have spent and spent.Now the high salaries they have fought so hard for are part of what is killing the industry.

Now for the Company.The company itself has wasted millions in lobbying the government to stop or slow down mileage requirements.They have not spent on R&D for alternative fuel sources  and as  a result they  are falling behind faster and faster.Having the future in your sights is paramount in this world.The company has failed to see thwe writing on the wall.Oil is going to run out!Like it or not.maybe not run out but will become so expensive that none of us will be able to afford to drive to our own jobs.Spending on future fuel sources has to be the main thought of the companies.Dril,Drill,Drill wont’t work forever.