Southern politicians not too keen on auto-maker bailout

The Charleston Regional Business Journal on Southern politician's feelings for a bailout of Detroit:
It’s unfair to reward an industry that has saddled itself with a top-heavy management structure, runaway employee salaries and union monopolization, the mostly Republican delegation argued while pointing to the success in their own backyards of a ripe foreign industry.

But it's not all roses for the South if the industry fails. Sure, we might see more foreign auto plants in the South (ala BMW), but we'd have a rough path getting there: We've got thousands of jobs in South Carolina that create the parts used by Detroit.

But, if the auto industry can serve up some token management heads, the South might go along.

Still, broken management is likely just a problem of larger flaws in the industry pointed out by The Charleston Regional Business Journal.