Congress (mostly Repubs) were right to grill the Big 3 about getting lean and mean. They need to quickly cut product lines, plants and even more salary and possibly retirement benefits. Fortunately our govt hasn't figured out how to replace Fed ees wholesale with foreign workers, like car companies can. But consider all the private contractors in Iraq.
Congress completely folded on the $700 bil bailout. Now one of the most inept administrations in history is trying to repeat that blunder with a Kar czar. Well, maybe if we request the foreign aid of a Karzakstan or Pashtun war lord and his tribal executives to enforce radical change, it might succeed. Mabe they could first rewrite the rules for the 700 bil too.
The retail price was not mentioned but look what's coming down the road from China. http://news.bbc.co.uk/2/hi/programme...nt/7779261.stm