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  • Former GM Board Member: 'I Told You So' [View article]
    With the global auto market depressed as it is and even the unreasonably venerated Japanese invader/predatory exporter auto companies slashing costs and begging their home government for bailout funds, it would seem that nearly every automaker is building "vehicles that no one wants to buy."

    Certainly, GM's soulless, "appliance motorist" bean counters crushed most of what was left of GM during the past thirty years. But the lion's share of the blame rests squarely upon federal policies which bled the Detroit 3 to near-death from unfunded mandates and favoritism toward the predatory Japanese invasion of the U.S. light vehicle market.

    Perot, York, and DeLorean were all clueless as to how to truly fix GM. Perot's massive ego gave us two terms of Clinton. York is a wantabee who has lost a truck-load of money for his employer. DeLorean couldn't even build a sports car or manage a simple drug deal, much less run a Fortune 5 corporation.
    Mar 11 09:54 am |Rating: +3 -4 |Link to Comment
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