Dave O.

Should GM Be Saved?

There is no accountability for this mess on either side; Management claims its the fault of the capital markets, labor claims they have given concessions and is no longer to blame.

For 25 years (since the Chevy Vega, Ford Pinto, Dodge Omni) these companies have given us shoddy products with a take-it-or-leave-it attitude.
There was a time when we had no choice. Now we do, and the paybacks are painful.

GM and F carry $billions on their books as 'goodwill' or invisible assets.
GM and F have negative goodwill, their names are a liability and the situation is more dire than the lousy GAAP numbers suggest.

"Its not my fault" is an excuse given by adolescents when they want something after being proven they're not responsible enough to handle it.

GM is not Rick Wagoner, and its not the UAW. The company should be saved. Get rid of the deadwood. All of it. And start over.