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The Final Hours of GM?

Unions are nothing more than an artificial restraint on the supply of labor. In a world economy, labor reliant manufacturing is easily exported to regions of lowest cost, thus defeating the geographically local artificial restraints imposed by unions. In simple terms, labor unions kill themselves. Figure it out or die.


On May 22 07:44 PM Larry M. wrote:

> A year ago .... before Wall Street Collapsed GM was I believe about
> $40 per share. Obviously the Collapse (Combined) with all the Wall
> Street GM Bashing by it's Investment Bank Ratings Agencies has Crashed
> the Broader Economy and took the Auto Industry down the Tubes.<br/>
>
> I Charge that Wall Street has Successfully Bashed GM into the dust
> for the Express Purpose of Destroying the Last of the great Manufacturing
> Labor Unions. This WAS Deliberate as such is Criminal to Deliberately
> Damage and Destroy the Economy of The United States of America.
>
>
> And that my Fellow Americans Deserves Prison Time for Economic TREASON
> agianst The United States of America by Several Wall Street Banks
> and their Ilk the CFR, the TC and the (Private) Fed Bank.

Free Marketeers for Wage and Price Controls

rwoods says that bankruptcy is not the answer and asks who would fund those legacy costs. Well, bankruptcy is the answer because you discharge those costs or cut them back to reality. Nothing is set in stone at that point, not even a golden retirement.

Will GM's Volt Change History?

The big disappointment I'm reading regarding the Volt is that it has a gas engine as opposed to a diesel engine. Diesel's are far more efficient and that would create a win win situation in the Volt.