Thread: GM Deathwatch
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Old 06-05-2009, 11:21 PM
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Default Re: GM Deathwatch

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Just heard something interesting..There's some Senators that realise that having a task force of hundreds of people in the Government dictating all kinds of lobbyist polices to GM is gonna be destructively counterproductive---

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Keep in mind that it was GM management that made one destructively counterproductive decision after another for the past 40 years. If GM had made the tough decisions (yes, standing up to to the UAW in certain cases) and had really paid serious attention to Japanese and German automakers as they caught up and surpassed GM in build quality/fuel efficiency/labor agreements/etc., then the government would not have been put in the position of having to bail GM out. Keep in mind also, that had John McCain been elected then he would be in the very same political pickle that Obama has been put in. Thousands of jobs, not just at GM but at hundreds of support companies, being lost every day, and the (voting) public crying out for something to be done about it. If GM were allowed to fail and go out of business people would wonder why the government didn't step in to prevent it. It is my opinion that Obama is between a rock and a hard place on much of this economic collapse that he inherited. If he "saves" GM he's wrong ("socialism") and if he sits idly by as GM blows away in the wind then he's wrong ("he doesn't care about American jobs"). McCain would be in the same lousy position and he would also have to step in and bail GM out. Of course the rhetoric would be different--spun differently so as to not look like "socialism." He'd be "saving jobs in America's heartland." Same result with different spin.

As for Lamar Alexander of Tennessee, aren't there some foreign car factories in his state? I'll have to look that up.
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