Auto Sales Continue to Slide Downhill [View article]
I mostly agree with your assessment, but I am not as forgiving as you are. I would not have given GM and Chrysler a single penny, I would let them fail, Ford would follow them. I would like to see the UAW disappear and the management of these companies to be left out on the pasture and be the target of class action lawsuits and jailed for life. (Same for the bank CEO's) Let's have a shorter depression, a complete and new reorganization of our banking system with strict government controls and new business models for private industry. More people would suffer for a shorter time and then have a long and rising prosperous future with the criminals cast away and a system fixed. Now we are prolonging a deep recession and nurturing the same criminals, rewarding failure and postpone the inevitable depression and collapse of a credit based monetary system and the multinational criminal business organizations. The people were sold out to the multi nationals as raw resources and before our lives can improve, we have to return to responsible and self respecting, sovereign nations, governing business. It is governments that should rule nations not businesses abusing people, buying politicians and law.
The Volt is mainly PR work, to show that GM can be in the forefront of technology. However, for the last few decades, as well as today and in the near future, GM is the prime example of mismanagement and lack of direction. Hedging bets, by lobbying against laws on one side while making half hearted efforts to meet them and achieve nothing between is their way of business. GM wasted billions by throwing money and technology out the window. Changing the shape of bumpers and fenders, taillights is their method of design, which worked until about 1960. It is time for GM to close the doors, they cannot compete today.
Auto Sales Continue to Slide Downhill [View article]
Now we are prolonging a deep recession and nurturing the same criminals, rewarding failure and postpone the inevitable depression and collapse of a credit based monetary system and the multinational criminal business organizations. The people were sold out to the multi nationals as raw resources and before our lives can improve, we have to return to responsible and self respecting, sovereign nations, governing business. It is governments that should rule nations not businesses abusing people, buying politicians and law.
Chevy Volt: Can It Survive GM? [View article]