Ford Motor Company (F)

[rth]

Is there a realistic plan by the automakers to become profitable? If not the $50 billion will just be throwing money down the drain. They were losing money before credit crisis hit. Why don't they take a look at the expenses? Can they be saved at any price? Will this be a loan or a handout? Much of the money will go to health and retirement benefits. I don't see how they will be profitable without cutting back expenses and that nmeans job losses eventually.