That's just the current crisis. The Big Three have been in trouble for
years, largely because of onerous labor agreements that have them paying
insane amounts of money to people who no longer work for them for pensions
and health care. They need to get out from under those costs, there is no
other way.


On Mon, Nov 10, 2008 at 2:42 PM, Maureen  wrote:

> The actual reason the auto industry is crashing now is that gas rose
> to over 4 dollars a barrel, and people stopped buying cars.
>


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