I am another one of the many that does not want to see Jeep close it's doors along with Chrysler. i think there is alot of behind the scenes info we may never know.
I would just like to know that if my business gets into trouble will the government step in and bail me out.....? i dont think so. i have been responsible enough to plan for slow and or difficult times. granted a multi million or billion dollar industry is a little more difficult to run than a small business but the basics of business are the same. will canadian tax payers give me money to pay my employees medical and dental...no. i dont have a solution, there is alot of money and jobs at stake. losing chrysler/jeep (or any of the auto manufacturers) would be a terrible thing. when things this large happen there are strong feelings on both sides of the equation. i just hope they reach a solution that doesnt cost canadians in general alot of money but in turn doesnt cost the employees alot either.....is that too much to ask???
I hate that government is subsidising this as well. I guess I can see the point of it. Better to pay off these companies and keep the workers working instead of all these workers hitting the social assistance queues all at once.
With the money going to the companies the outlay of cash by the government is gradual and deferred over time as opposed to all at once to the workers directly with no hope of getting them off the dole.
What are you going to do with a 50-something year old guy that has been making $40/hr to put lug nuts on a car on an assembly line for the last 20 some odd years? Maybe my idea of what these guys do is outdated but you get my point.
It bugs me in the case of Chrysler/Cerberus though. GM will attempt to regroup and manufacture cars. It's what they do. Cerberus could give a rat's MMM about car manufacturing. When conditions merit selling off to make a profit for the big wigs they'll dump it. Whether or not that means Chrysler remains viable as a car manufacturer is irrelevant to them.
