(Just another opinion on what to do)
Nationalize America's Car Industry

The best solution to the crisis of the auto industry -- for the workers, for our citizens, and for the future of the world environment -- would be for the U.S. government to take over the auto companies.
Let Congress nationalize these companies but also socialize them by creating a board of union members, environmentalists, and consumers to run them. Let us own and run the auto companies.

To most Americans government ownership of industry sounds like a foreign concept and conjures up images of Soviet industry and its colossal failure.

Certainly after seeing the Bush administration manage the Afghanistan and Iraq Wars, the Katrina disaster, and the Veterans Hospitals, we must all have some qualms about what government management would mean.

We should not forget, however, that many countries throughout the world have nationalized industries and run them better than GM has run its auto company. In England, France, Germany and Italy governments owned and managed mines, steel mills, manufacturing plants, and service industries.

Today many developing countries manage nationalized oil and chemical industries.

Even the United States has nationalized industry when the government believed it was in its interest. During World War I the U.S. government nationalized the railroads and, working closely with the railroad unions, ran them more efficiently than their private owners.

Link to con.