Mr. Conerly, exactly what grade school level of economics do you base your theories on?
Same old "let them fail" mentality that has become the doctrine of the disenfranchised. If you understood even the most basic fundamentals of the current auto industry in the U.S. you would have written a vastly different rant.
You are a little late on the news flash about GM & Ford. Your simply pointing out what has already been rehashed here and every other site a million times over.
How Bankruptcy Would Wreck GM, Chrysler [View article]
Mr. Newman seems to forget that Chrysler has already gone down this path in 1979. Although Chrysler never officially declared bankruptcy, it was essentially insolvent. Customers didn't exactly run from the company, but rather embraced Iacocca's buy American theme. It remains to be seen whether a repeat will occur.
How Bankruptcy Would Wreck GM, Chrysler [View article]
Mr. Newman seems to forget that Chrysler has already gone down this path in 1979. Although Chrysler never officially declared bankruptcy, it was essentially insolvent. Customers didn't exactly run from the company, but rather embraced Iacocca's buy American theme. It remains to be seen whether a repeat will occur.
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Same old "let them fail" mentality that has become the doctrine of the disenfranchised. If you understood even the most basic fundamentals of the current auto industry in the U.S. you would have written a vastly different rant.
Ford, GM on the Chopping Block? [View article]
You are a little late on the news flash about GM & Ford. Your simply pointing out what has already been rehashed here and every other site a million times over.
How Bankruptcy Would Wreck GM, Chrysler [View article]
How Bankruptcy Would Wreck GM, Chrysler [View article]
Chrysler Official Graduates from the 'Baghdad Bob School of Corporate Communications' [View article]