Saving the Big 3 for You and Me

Mr Moore, I bought my first car used for $1000 with over 100k miles on it, a 1970 Oldsmobile Delta 88. I drove it like Steve McQueen through the Streets of San Francisco. I'd get airborne cresting some of our hills and, with dead shocks and springs, bottom out righteously with a monstrous scrape and a plume of sparks ... it was heaven. I beat it up, rarely changed the oil and lasted far longer than I would have expected. It was a Great American Car.



Years later I got what I thought was a deal when my great aunt sold me her 1992 Mercury Sable LS, with only 16k of miles on it for $7000. The car was only driven from my relatives' home to a supermarket a couple of blocks away. The car was luxurious, with every bell and whistle you could wish for, and was an unadulterated piece of cr#p. I put almost as much money into fixing it as I did buying it. When crossing the Bay Bridge the car's engine would lose compression and cause the thing to shake like a beast was trapped within it. My terrified wife would actually pray the rosary. The Sable cured me of American cars. I haven't owned one since.



My guess is the high quality of UAW labor hasn't changed from 1970 to 1992, but the management philosophy sure did, A government buyout of the Big Three would be the answer, for Corporate Management has failed this industry.
About The Bailouts
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