Baraka_Guru

I'm a bit relieved that there are conditions on the bailout. I'm not sure what the specifics are, but the article mentions that the companies must reorganize and return to profitability. I"m not sure what they'd need to do, but my guess is it will have much to do with catering more directly to the market with a long-term view. There's a reason why I see far more Japanese cars on the roads than I do American cars. It has to do with trends leaning towards fuel efficiency in a car that will last for more than a few of years before it starts to fall apart. Japanese cars are generally more efficient and higher quality. American manufacturers need to compete with that directly, or they'll continue to get smoked.

The hit these companies took with the tumbling of SUV sales should serve as a lesson. I think some of these companies had too many eggs in that basket.

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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön

Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot