i liked it when rush said today,
if the motor co’s had any guts,
they’d tell congress,
ok—here’s how we make cars.
and get rid of their excess labor costs, and cafe standards.
Economy 3.0 begins in January 2009, I hope that the economic stimulus of 1.50 gasoline primes the new engines. Frankly, I'm excited- and happy that the folks who lead us into these messes are being recognized.
These guys really need to step up, identify the problems loud and clear, go bankrupt to reorganize and get rid of the unions.
Then they need turn around their respective companies and show the American people that Capitalism is the answer to our economic woes, not the the f'n government.
Then perhaps they would show the idiots in this Country why they earn the big bucks and are worth it.
Let’s see...
The Dems replace a committee chairman who opposed much of what makes US cars expensive and replaced him with a man who wants to force us all to stop driving altogether.
Yeah, they want to save the auto industry.
So what if GM goes down the tubes?
A lot of great car manufacturers are also gone.
Duesenberg, Packard, Pierce-Arrow, Studebaker, Hudson, Kaiser, etc.
America still survived.
If Chrysler was smart they’d beat GM to the punch and do it first.
There is ONLY ONE loser if GM goes bankrupt and that is the UAW.
The stockholders have ALREADY lost nearly heir entire investment.
It's time to reorganize this pig.
They make DAMN GOOD vehicles that cost too much...and even then they have to sell 'em at a loss. Thier cost of production is around 20% higher than any other manufacturer. What GM can sell for $20K, Toyota can sell for $16k.
However, Toyota sells for $18k and puts the rest in their pocket.