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  • Let the Detroit Automakers Fail [View article]
    Certainly the lack of management capabilities at the "Big 3" is obvious and astounding, thank you very much Harvard School of Business... Short term investments and bottom line only choices will bring any company to its knees over a long enough period of time. What amazes me is the attitude that we can just let them go down and all will be fine. Remember trickle down? Well this trickle down will be a river to say the least only the wrong direction.

    Lets talk about the unions for a while here and add their name to the list of causes for the US automakers demise. Toyota, Honda, etc are paying less than half of what GM and Ford pay for an hour's worth of ( ha ha ha ) work.

    You can blame everyone a little for this crisis up to and including an American public who is about as loyal as a hooker to her last customer. A public who doesn't know some of those out of the country automakers supported the value of their own used cars to make them appear to be a better value. Smart guys they are, cause it worked.

    Let them go down, who cares, its not that big of a deal? Yeah right, just keep your head in the sand....Its about time we stopped attacking our own corporations and support them like it matters. It does matter.



    Nov 20 10:56 am |Rating: +1 0 |Link to Comment
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