Miken

As GM Goes, So Goes the Nation (Part 2)

By the way, your photo of the three gentlemen and inserted dialogue box which I supposed is an attempt at humor detracts from your professionalism.

As GM Goes, So Goes the Nation (Part 2)

No. New means different. More specifically, Congress. We need to sweep these hypocrites out of office and replace them with people that have the nation's interest as their focus, not their own careers. That's both parties.

As far as more regulation, part of the issue is the complete lack of rules for hedge funds. These guys are running rampant through our economy.

Please read the book I suggested.

As GM Goes, So Goes the Nation (Part 2)

Mr. Quinn:

I repeat, there is nothing new or original in your article. My objectives are how do we prevent this idiocy from happening again and I see the answer in new government, more oversight of the financial community, and prosecution of the guilty.

Please read the book I suggested.

As GM Goes, So Goes the Nation (Part 2)

Thanks for the trip down memory lane. As is normal with Seeking Alpha contributors, it is a re-hash of other people's research disguised as a "thoughtful and Insightful" piece. The only exception is this one is longer.

Where are the leaders with solutions? Are we going to wallow around until the manufacturing base is gone? Might I remind you that the government, bankers, and Wall Street are responsible for this quagmire that we find ourselves in, not GM. Where are the voices calling for their demise?? GM is merely a diversion for the real issues of today.

For those who study GM in places other than the media, they know that barring this man made meltdown, GM would have been fine. I am certainly aware of the declining market share for years leading up to now, but those mistakes were made decades ago and were being corrected by the current management. For those that can allow their minds to accept balanced information, you should read "Why GM Matters" by William Holstein. The others should continue to contribute to Seeking Alpha.

New Candidates for the Dow Jones Average

This writer is typical of the American government and Americans in general. Today the DJIA has very little representation from the manufacturing sector. I don't care if it's GM, I doubt that they care either. The author has not recommended one manufacturing company to replace GM. It's as if the country has only banks, entertainment, and software companies.

But the DJIA is supposed to a representation of the economic health of the markets, the manufacturing sector is quickly disappearing and the suggestion is that we ignore it completely in the Dow. If we can't see the problem, maybe it doesn't exist. Show me a country without a strong manufacturing sector, and I'll show you a third rate country.