I believe Roody to be correct. The auto industry is doomed as this small amount of money (in the larger picture) will not allow them to re-tool enough to revive their sales. Even if they do, they don't have the customers that they once did. What they need to do is scale back dramatically. Fire everyone that is a union employee and rehire them back but with the understanding no union workers will be hired. No idea if that would work or not though as there may be laws and such preventing that. But like Roody states, without some sort of bailout, we're going to be in a depression like no other. Personally, I think we're headed there regardless of what we do.
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