US automotive industry is dead because, in spite of decades of decay, it decided to stick to "US automotive industry" instead of switching to "global mobility services".
Ford being Ford, only GM and Chrysler are openly talking about bankruptcy* in what looks like a slim-fast solution before a merger of equals (obese couch potato dummies lacking a vision for the future) : "just give us some cash, we'll deliver green cars as soon as we can and oh... if you don't mind we'll deliver a few pink slips even sooner".
Flint survivor Michael Moore wants**, like most Americans, the US to put money in sustainable transportation infrastructures, and to pull the plug for dumb, dumber and dumberer, to which I answer "which plug, Mike ? Isn't it time to install one ?"
* see for instance "GM, Chrysler Said to Consider Bankruptcy to Get U.S. Bailout" (Bloomberg 20081204)
** see my e-mail box, in the spam section : "Saving the Big 3 for You and Me ...a message from Michael Moore" (20081203), somewhere between an ad for blue chips (take a blue pill and recover your lost highs on Wall Street) and a message from a desperate whitehousewife ("take my advice, O Great Bama, and please pardon my sins for I don't want to go to jail. Yours Truly, Karl Rove").
20081204
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