Ford has an outside shot of being a first-class car company again.  Under the direction of Alan Mulally Ford may emerge as the winner in the “Battle oof the Big Three.”  Sentiment for GM and Chrysler, frankly stinks.  US citizens are realizing that they are each paying hundreds of dollars, each, for the poor management of GM and Chrysler.  In the 60s through the early 21st century, these car companies failed to negotiate reasonable union agreements and failed to deliver cars that American wanted to buy.

The Bush administration carried forward, with the initial “bail-out”, a failed plan.  The Obama administration has not done anything to make the situation better.  In fact, in an act of socialism, the Obama administration practically completed the take-over of the GM organization.  The CarGeek is not sure why.  There are existing laws on the books dealing with bankrupt companies.  GM should have fallen under these rules early in their troubles.  There are rules that apply to debtor/creditor relationships and for some reason the Obama administration did not want to follow them.  It was only after they made a complete mess of the situation that they reverted to the rule of law.

Oh yes, after Obama spent approximately 50 billion dollars of US taxpayer money to save the unions.  How much is that?  Well if there are 300 million Americans, say 100 million are working adults.   That is $500 per working American.  That is on top of the money spent on AIG and the other sweetheart bailout deals.  The $500 per person  is the cash value.  Naturally we do not have the money to pay it, so we borrow it from China and other countries.  The total ticket is likely to be in the thousands per working adult.  If we were asked to write personal checks to maintain GM’s creditors and unions, how many people outside of Detroit would have agreed?

So, is it normal to ask the US public to walk up and buy from one of these companies, GM or Chrysler. Ask, yes.  Buy, NO!  It is the same as investing in a scheme your black sheep brother-in-law suggests, while he is out on parole.  I think not.  Only time will tell the fate of GM and Chrysler, but the CArGeek thinks that the public has too many other options that will interest them.  But wait, what about the NEW Camero? Won’t it revive GM. No, neither will the next car that runs on water, fusion, hydrogen, baked beans, beer or fried chicken grease.

America is all about choices, and GM and to a lesser degree Chrysler, will not likely be part of it.