Charlie n Me
He can walk if holding on to my hands.
He can climb the stairs with a little assistance from me.
He can say a few words.
He waves bye-bye, and waves for more food.
It's so damn cool.
(Charlie is my son, born 12/2010)
Random Thoughts is used as a sort of random electronic journal of my goings-on.
The truth of the matter is that this doesn't just affect GM and its employees and retirees, this will be felt by everyone. Statistics vary, but between 1 in 10 and 1 in 14 American jobs are either directly or indirectly linked to the domestic auto industry. From the suppliers that make the parts to the dealers that sell the cars, to the doctors, lawyers, shops and restaurants that are supported by those employees - everyone will be impacted if one of the Detroit 3 go under. Scarier than that is the thought that if one goes, it will probably bring down the other 2. If one entered bankruptcy, that company would stop paying suppliers. Supplier profit margins are razor-thin, and those suppliers would probably enter bankruptcy and stop supplying parts to the other manufacturers. If they stop building cars, money stops coming in the door, and you get the idea. This will be one big snowball-effect, and the end result won't be pretty. The domestic auto industry would be mortally wounded, and the foreign competition would be temporarily hurt because we all have the same suppliers.
Most every small town in America has a GM, Ford, or Chrysler dealership (sometimes all 3). And we've all seen them driving around central Illinois or Indiana - the town where the only business still open downtown is the car dealership. Besides the big box stores that have moved in and forced the old Main St. shops out of business, the dealers are probably the biggest businesses there. Each dealership supports service technicians and sales people, and they make a good living. If they go down, those small towns will lose what's left of their economies. I think you understand how big a deal this is.
Please take the time to call 1-866-927-2233 and let your Senators and Congressional Representatives know that you support the Federal loan packages for the domestic auto industry. It's that important.