The writing was on the wall for GM and Ford for the last 20 years - did the fatcat management take much notice - not much. Just the usual PR stuff and carry on as usual. Well it is finally wake up time. Not just for the senile old companies but for the whole of USA and Europe. The old business model is out of date. It's gotta change. The political model needs upgrading from 1776 too. If anyone dares mention unpleasant things to cure the malaise - well you can guess they would be most unpopular ! Get paid - well hardly likely. More like run outa town.
China will have to take some of our land, a state or two, in exchange for the US not repaying the loans. We will now not only have China towns but a China state. Then taxes wont need to go to Chinese intrest payments and principle and we can spend it on whatever we would like.
================= Hum; Ditto, & ditto that for Citigroup miss-managers; more capital will NOT help those miss-managers. Saturn/GM, modeled after NSANY, HMC, TM are good cars/better -managers. And even though i did collect unemployment insurance many, many years ago,[teenage boy] i never tried to make a career out of that,LOL. Amen Tn Banker/TN Rep Larry Bates noted /warned we had a better moral fabric during 1929/1930's.[2008 warning] Like King Solomon said ''in all labor there is profit''
So, nobody here knows who to contact & what to do even if you REALLY had an idea? Is all the intelligence & creative skills of America really supposed to be contained within a few elected officials?
I say nuke it....then the funny part would be watching all the Gold Bugs carry all their dreams around in a wheelbarrow. All of squealing: "I told ya...I told ya damn you!!"