Big 3 Bailout

From the New York Post from one our local heroes.

Nice job Patrick.

"LIFE AFTER 'DOOM'
DON'T BELIEVE THE BIG THREE"
LIFE AFTER 'DOOM' - New York Post
By PATRICK MCILHERAN

Last updated: 2:00 am
December 9, 2008
Posted: 1:49 am
December 9, 2008

MILWAUKEE

SPOT us $34 billion, say the Detroit carmakers, or it's doom, doom for all. They fling threatening figures like "3 million unemployed." Suppliers, said an industry CEO last week, may "implode."

Implosion? Doom? Been there, at least in Kenosha, Wis., a place with a useful lesson.

The industrial city had a pair of car plants for decades, making Ramblers, Pacers and, finally, Chryslers until 1988, when much of it shut down and 5,400 people lost their jobs. That's a lot in a city of, then, 80,000 people.