Who is going to want these turkeys?
The Usurper Onada is trying desparately to prevent GM and Chrysler from bankruptcy so as to protect the autoworkers union. He thinks an alliance with Fiat could prevent that and thereby shore up his union support.
Problem: Unless GM and Chrysler fix their labor rate disparity with foreign auto companies they can never dig themselves out of the hole. I think The Marxist Onada forced the last GM chairman to resign because he could not come up with a financial plan that protected labor wages.
So now The Messiah is desparetely hoping Fiat can save his bacon. Problem: I don’t see Fiat biting unless it can fix labor rates. That is Detroit’s root problem. Only endless amounts of “bailout” money will keep the auto makers marginally afloat.
The Usurper has a delicious conundrum here as far as union support goes if he does not protect the auto workers. But this is what happens when ideology trumps facts, truth and common sense.