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Rafael Grillo » Comments » GMGMQ.PK

  • Do We Need a Car Czar, Or Is That Just an Excuse? [View article]
    For as long as the promise is Government money is lurking, everyone will want a share of it, and by definition, the endless discussion will be about who gets the biggest share (Companies, UAW, etc.). We need to face reality: Chrysler is a failed enterprise, GM is a dinosaur with too many commitments to succeed and Ford seems to be the only company that seems to be scoring enough points to get a chance at long-term sustainability. No bailout package will change that. Let's save the taxpayers dollars for taxpayers business and let's enforce the orderly liquidation of Chrysler and the downsizing of GM. The politicians would spend their time more wisely developing a special Car Industry Re-sizing Bill in order to achieve that (if Chapter 11 is not appropriate enough for whatever reason) than continue discussing throwing good money after bad.
    Feb 06 12:26 pm |Rating: +3 0 |Link to Comment
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