Jon wrote: The issue is the retirees and guys with 20+ years already in. How do you go to those guys who counted on either staying retired or close to retiring and say, sorry, you are not going to get your money. It is not their fault that they were given promises that are too good to be true. It was the unions and GM that gave them that deal. It would be devistating for them to lose their benefits. Heck, just a few years ago, GM asked them to start paying for their medical coverage that had always been free. They accepted it. Now they are going to lose their pensions as well?
Try to keep in mind though that cut backs in pensions are better than no pension... If these companies go under all those people with pensions get stuck with zip, zilch, nada, zero, nothing.
Joe's idea is best where if they need to be bailed out... fine! Take them by the hand and do it for them... While you're at it since they have been bad little boys and girls take away their toys and auction them off to help offset some costs.
Technologies for all electric are increasing but not the final solution as of yet, but as previously pointed out higher mileage cars have been around for a good long time and could easily be made again with some newer modifications... I had a 1989 Honda Civic Hatchback 1.5ltr that averaged 38-40mpg in town 35-36mpg with A/C on full tilt with me, my wife, and the 2 kids in it middle of summer.
As for the ability of going all electric you run into a few problems:
1) Where do you plug it in at work? You think the business owner is gonna like you raising his electric bills?
2) Solar power is great, but also very expensive if everyone in the country were to try and use it... and what about cloudy/ rainy days let alone long winters with a ton of snow.
3) Did everybody forget about the rolling brown outs and blackouts in California... Let alone when nearly all of the east coast went down & that was simply from to many running their A/Cs on high
Don't get me wrong, I think there are some great technologies out there that could and should be used and combined with some of our older technologies of the Late 70's and 80's that got higher mileage.
These are all things the automakers need to look at to bring themselves back up as an industry.
So in closing of this rant and if any of you execs at the auto industries see this... Hey dumb**s's get your heads out your butts, take a pay cut, quite spending money, and get a hold of some of your older smaller cars and trucks, update them a little for the EPA and make them into hybrids and you'll be just fine.