zermux

William Holstein on Why GM Matters

What happens if the economic crisis get worse, and I mean much worse. If new car sales drop to 7 Million in 2009, 4 million in 2010 and 2 million in 2011.

Punping money into a company that is going to make things that people are not going to buy is moronic. If we want to pay people to dig holes and then pay them to fill them in again then so be it (I believe it is called a stimulus plan), however paying people to build cars and then scrapping them is just a waste of my taxes.

Detroit is Hemorrhaging

Time to press CTRL-ALT-DEL on the car industry. Only by letting them fail can a new efficient industry come about. Time to reboot.